Social investment fund manager Tshikululu, has initiated a project to map the interventions of social investors throughout South Africa. The project aims to develop an integrated picture of interventi…
Ventureburn on Techpoint Africa
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A publication of South African based Burn Media, Ventureburn is focused on telling the world’s startup news and tech entrepreneurs’ stories from the emerging market sector.
VALR raises $3.4m to advance cryptocurrency adoption
VALR, one of South Africa’s leading cryptocurrency exchanges, announced that it has raised R57 million (US$3.4 million) to advance the adoption of cryptocurrencies.…
Entrepreneur-driven Venture Capital Fund E4E Africa launches in SA
Entrepreneurs for Entrepreneurs Africa (E4E), a new venture capital fund aimed at building internationally successful businesses owned by South African entrepreneurs has launched. Backed by a founding…
Job matching platform, Giraffe secures grant from UNICEF Innovation Fund
Giraffe, a South African mobile job matching platform that aims to reduce unemployment in emerging markets by enabling job seekers to easily create CV via cellphone for free, has received grant fundin…
Animation and gaming startup, Sea Monster bags $1m investment
Cape Town-based, animation, gaming, and AR/VR company, Sea Monster has secured a $1 million investment from FirstRand’s Vumela Fund.…
How an ambitious African startup grew into a global fintech powerhouse
How an ambitious African startup grew into a global fintech powerhouse…
SA Fintech startup, Franc secures $300,000 in seed funding
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…
Zambian fintech startup, Lupiya receives $1 million investment
Lupiya, a Zambian based microfinance startup has received an investment of $1 million from Enygma Ventures, a US venture capital (VC) fund. The investment will enable Lupiya to further its goals in fo…
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…
6 SA startups working to restore and preserve African oceans
Reports indicate that nearly eight-million pieces of plastic make it into our oceans each day. These 6 South African startups, backed by Oceanhub Africa, are working to restore and preserve African oc…
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.…
SA startup, SmartWage raises $347k to expand payday solution
Johannesburg-based startup, SmartWage has raised a R6 million ($347,000) investment to help it to grow its solution that allows companies to give employees instant access to their earned salaries and …
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.…
