SA fintech startup, Franc, has raised $300,000 in funding within the first half of 2020 which forms part of a wider round of seed investment. The founders, Sebastian Patel and Thomas Brennan provide s…
Fintech company, ProfitShare Partners secures $5m to support South African SMEs
Fintech SME capital provider, ProfitShare Partners has secured $5m from the SA SME Fund. With this funding, ProfitShare Partners looks to partner with small and medium businesses to help accelerate gr…
SA fintech startup, Mama Money partners Western Union for global expansion
Mama Money, a South African founded digital money transfer operator, has announced a recent partnership with Western Union. The new partnership will enable Mama Money to enter the international money …
LifeQ announces working with B-Secur to develop ECG and optical-based tech solution
SA-based biotech startup LifeQ, has announced that it is working with Belfast based B-Secur to offer an advanced, integrated Electrocardiogram (ECG) and optical (PPG) based technology solution.…
Egyptian edtech OTO Courses nets investment
Egyptian edtech OTO Courses, which offers online English language courses to individuals and businesses, has raised a six-figure dollar investment.…
Nigeria’s Wellahealth, Flex Finance & SA’s Paymenow join global accelerator backed by UK aid, JP Morgan Chase
Three African tech startups have been selected to take part in global inclusive fintech accelerator the Catalyst Fund‘s latest cohort. The three African firms are Nigeria’s WellaHealth and Flex Financ…
Former Springbok, Bryan Habana’s Paymenow nets $231,000 seed funding
Stellenbosch, SA based fintech startup, Paymenow has landed a R4-million ($231k) investment from ViaMedia, which is part of the Digital Ecosystems Group (formerly Blue Label Mobile).…
Egypt’s MoneyFellows lands $4m Series A deal
Egyptian fintech platform MoneyFellows has secured $4 million in a Series A investment from venture capital (VC) firms Partech and Sawari Ventures, as it works towards helping millions of new users re…
SA government signs agreement to co-invest with black-owned VC WZ Capital
South Africa’s Department of Science and Innovations’ Technology Innovation Agency has agreed to work with and offer matching funds, of up to R1 million per startup, with WZ Capital, a black-own…
This SA entrepreneur wants to help companies to lend staff to other firms
SA’s Teambix is helping companies make extra revenue by “lending” their staff to companies that need them, rather than laying them off. In this Q&A, founder Remmone Modisakeng shares …
SA fintech, Planet42, founded by Estonian duo, raises $2.4m
Planet42, a South Africa based fintech founded by two Estonian entrepreneurs has raised €2.2-million ($2.4-million) from a number of Estonian investors.…
Egyptian on-demand medicine delivery platform, Chefaa nets pre-Series A investment
Egyptian on-demand medicine delivery platform, Chefaa has raised a pre-Series A investment round from US venture capital fund and accelerator 500 Startups, Saudi Arabian fund Vision Ventures, Womena a…
African fintech investor, Crossfin invests in SA fintech, truID
African fintech investor, Crossfin has invested an undisclosed amount in SA fintech, truID through its ventures investment arm, Crossfin Ventures.…
South Africa’s Sun Exchange secures $3m investment, closes $4m round
SA blockchain-based solar panel micro-leasing marketplace Sun Exchange has raised a $3-million (R50-million) investment from ARPF, a Mauritian private equity fund which is advised by London-based Arch…
Egyptian mental health platform, Shezlong nets investment
Egyptian startup Shezlong has raised a new round of investment, from Asia Africa Investment Consulting (AAIC), angel investor Mohamed El Khamissy and Cairo-based angel investment fund Himangel…
SA’s Pineapple, Tautona.AI make Sønr and Insurance Post’s Insurtech 100 list
SA intelligent automation company Tautona.AI and insurtech Pineapple have been included on UK digital transformation platform Sønr and UK publication Insurance Post‘s prestigious 2020 Insurtech 100 li…
University of Cape Town GSB Solution Space selects 10 startups for Venture Exploitation Programme
The University of Cape Town Graduate School of Business’s (UCT GSB) Solution Space has selected 10 startups to join its 12-week Venture Exploitation Programme, which kicked off on Monday (1 June).…
Nigerian startup, Jamborow raises $400k for blockchain-based fintech platform
Nigerian startup, Jamborow has reportedly raised $400,000 from its shareholders to expand its blockchain-based B2B fintech platform. Tech publication, Techmoran reported in an article yesterday that t…
SA tech company, Wyzetalk in ‘multi-million’ euro investment from Dutch investors
SA-founded tech company, Wyzetalk has landed a “multi-million” euro investment from Dutch investment company, CNBB Venture Partners…
SA-founded water drone startup RanMarine Technology lands Series A investment
Netherland-based startup RanMarine Technology, founded by South African Richard Hardiman, has netted a Series-A investment from European investor Boundary Holding…