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African fintech unicornTechCrunch
•89% Informative
Early-stage African investor Oui Capital returned its $4 million debut fund following the sale of some shares in business banking platform Moniepoint .
The Nigerian -based fintech platform raised $110 million in funding at a $1 billion valuation in a Series C round last October .
It’s a rare feat for a young VC firm—many globally fail to return their first fund.
Exits in Africa 's tech scene remain rare, with only 143 of 2,971 venture deals since 2019 leading to exits.
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91
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