TechCrunch

JANUARY 28, 2021

With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors. However, the selected six startups this year are from Kenya, Nigeria, and South Africa.

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TechCrunch

DECEMBER 8, 2021

Bento , Nigeria’s digital payroll and human resource management platform is expanding to Ghana, Kenya and Rwanda with plans to set up operations in six other markets in Africa over the next one year. In its next phase of expansion, Bento is eyeing Egypt, South Africa, Uganda, Tanzania, Angola and Ethiopia by the end of next year.

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TechCrunch

AUGUST 5, 2021

In Africa, chartering vessels and processing ocean freight can be challenging. Merchants also struggle to access finance to perform cross-border trade in the continent. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. Japan, Nigeria, and South Africa also participated.

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TechCrunch

SEPTEMBER 21, 2022

For instance, a South African investor who wants to diversify their portfolio outside the Johannesburg Stock Exchange may find investing in the Nigerian Stock Exchange difficult. Per reports , major regional exchanges in Africa have raised over $80 billion in equity capital markets and $240 billion in debt capital markets.

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TechCrunch

NOVEMBER 23, 2021

Part of the investment will be used to hire more staff in South Africa and support the commercial expansion to the U.S. CEO Greg Chen founded the company in 2014 came from his 15-year span in the mobile industry, noticing how enterprises in South Africa struggled to target and engage their customers via SMS efficiently.

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TechCrunch

FEBRUARY 22, 2022

The global chat commerce’s total addressable market is worth an estimated $80 billion and is seen as the third big wave of digital commerce after e-commerce and app commerce markets. As the largest digital platform in the world with more users than the internet’s 4.7

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TechCrunch

AUGUST 31, 2021

Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. Africa has the lowest insurance penetrations globally. FloatPays (South Africa). Some have established businesses in both these regions and also in Africa.

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TechCrunch

FEBRUARY 15, 2023

According to a statement, the funding presents Naked with an opportunity to improve its AI and use it to grow Africa’s insurance market which is worth over $68 billion in annual gross written premiums. South Africa makes up 70% of this market, with an annual gross written premiums market of over $47 billion.

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TechCrunch

NOVEMBER 17, 2021

According to a 2019 report by Deloitte , about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. for every successful transaction made via Ozow.

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TechCrunch

NOVEMBER 29, 2022

With limited access to technology, these restaurants typically resort to using offline methods, including pen and paper, for things like manual reconciliation and inventory management. Our software digitizes the process of those who write things in hand and helps them figure out their inventory management and recipe yields.”.

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TechCrunch

JUNE 10, 2021

For the early detection and treatment of health conditions, easy access to primary healthcare is crucial. However , ubiquitous access to such care is scant across Sub-Saharan Africa. There is a real opportunity for digital healthcare platforms to scale access to team-based care across the region.

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TechCrunch

JANUARY 17, 2022

The idea for the YC-backed Ghanaian fintech came during the chief executive’s time at OMG Digital, a media company he founded that also got into YC , in 2016. “We For Float, it prides itself on giving businesses access to financial and software services simultaneously. That threw me into solving those problems with Float.”.

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TechCrunch

FEBRUARY 24, 2021

This makes it the largest round raised by any API fintech startup in Africa at the moment. Founded by Kiaan Pillay , Natalie Cuthbert , and Priyen Pillay , Stitch wants to provide full API access to financial accounts across Africa starting from its first market, South Africa.

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TechCrunch

MARCH 7, 2022

Before Dash, Boampong was the co-founder of OMG Digital, a YC-backed Ghanaian media startup he started alongside Jesse Ghansah — the current CEO of Float — in 2016. . Instead, its wallet allows users to access a plethora of services they can’t find on their traditional provider. million in an oversubscribed seed round.

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TechCrunch

OCTOBER 3, 2022

Talk360 told TechCrunch, in a past interview, that its decision to be a payment aggregator was informed by the challenges it encountered in implementing digital payment options, which affected the bottom line of its internet calling business. Duplo digitizes payment flows for African B2B enterprises, gets $4.3M seed funding.

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TechCrunch

AUGUST 31, 2022

FMCG distributors can onboard retailers in their network on the Duplo platform, collect payments digitally and access real-time insights into business performance. And then it becomes easier for us to digitize how payment moves between retailers and distributors,” he added. Those retailers can become Duplo customers as well.

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TechCrunch

AUGUST 4, 2021

Founded in 2018 by Alex Thomson, Sumarie Greybe and Ernest North, Naked is a digital insurance platform covering cars, content, homes and standalone items. Africa’s insurance sector is worth more than $68 billion in annual gross written premiums. This fits in with our focus of backing purpose-driven technology businesses.

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TechCrunch

JANUARY 4, 2022

Jumo and MNT Halan raised $120 million rounds, as digital payments gateway MFS Africa gained $100 million. It is also poised for greater growth as the adoption of lending, digital payments, banking and insurance services grows. . Deals by stage in Africa over the years. Image Credits: Briter Bridges.

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TechCrunch

JULY 28, 2022

Qwili , a startup that provides a hybrid sales product to micro and small merchants in South Africa, has raised $1.2 Qwili says its target audience are digitally excluded and unbanked customers. During those early stages, the phone wasn’t paying back quickly enough, and there wasn’t high enough adoption of the digital services.

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TechCrunch

DECEMBER 8, 2021

The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software. About 175 credit unions are licensed in Kenya to serve nearly 4.1

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TechCrunch

DECEMBER 2, 2021

And the South Africa-based crowd-solving startup has done that over the last three years they have been in existence. Zindi is a database of data scientists across Africa. Our vision is to make AI accessible to everyone.”. Zindi is all about using AI to solve real world problems for companies and individuals.

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TechCrunch

JUNE 29, 2022

New report examines Africa’s growth in the digital economy and VC investment landscape. Africa-wide Growth. In a period of two years, Adanian Labs has grown beyond Kenya, by establishing a presence in Tanzania, Zambia, South Africa and Nigeria – some of the biggest startup and tech hubs in Africa.

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TechCrunch

NOVEMBER 15, 2021

Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. The plan for the company is to provide merchants with access to accounts, cards, local payment networks and lending. First was that plastic cards get replaced by digital tokens or native wallets in consumer fintech.

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TechCrunch

DECEMBER 6, 2021

Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. The company now provides a full range of products to those onboarded, rolling out digital wallets and financial services, particularly credit or BNPL offerings.

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TechCrunch

MAY 4, 2022

From Onayemi’s point of view, the growth of Africa’s digital economy revolves around gains in six segments: education, payments, logistics, transport, identity, and trade. These countries include Nigeria, Kenya, Ghana, South Africa, Rwanda, Senegal, Togo, Tanzania, Ivory Coast, Egypt, Mauritius and Burkina Faso.

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TechCrunch

FEBRUARY 13, 2022

Open finance continues to be a significant theme in the world of fintech as businesses tap APIs to access customers’ financial accounts and provide a gamut of integrated and embedded financial services. On the high level, people moving from cash to digital for the very first time causes more fragmentation. Image Credits: Stitch.

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TechCrunch

APRIL 18, 2022

The company also claims to have processed volumes now reaching double digits in millions of dollars. But in Africa, Visa and Mastercard dominate the market share; for example, in South Africa, the distribution of cardholders with Visa is 51% compared to Mastercard’s 48%.

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TechCrunch

DECEMBER 8, 2021

“We want to encourage a high percentage of capital into regions outside the four main markets (South Africa, Kenya, Egypt and Nigeria) as much as we can. On Impact Rooms, startups also get access to a diverse range of services, including legal and marketing support, from the platform’s other partners.

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Mashable Tech

FEBRUARY 11, 2025

We've got an important question for all the cricket fans out there: How would you like to see Bangladesh, India , New Zealand , Pakistan, Afghanistan, Australia , England, and South Africa compete in a ODI tournament? The free streaming platforms are geo-restricted to Pakistan, but anyone can access these free live streams with a VPN.

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TechCrunch

SEPTEMBER 10, 2022

Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth.

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TechCrunch

APRIL 21, 2021

The last five years have seen a plethora of fintech applications in Nigeria (and Africa, in general) grow at an astonishing rate. But most of these companies and developers find it difficult to access real-time banking data. Nigeria is becoming Africa’s unofficial tech capital.

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TechCrunch

APRIL 8, 2022

Executive parts ways with Better.com : CTO Diane Yu is among employees agreeing to take part in the voluntary separation plan that the digital mortgage lender offered earlier this week, though we report she will stay on as an adviser. Tesla is lovely and all, but the company cannot be accused of making EVs financially accessible.

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TechCrunch

APRIL 29, 2021

“This year, with the 6th cohort, we want to continue to play our part by supporting developers and startups within the Africa tech ecosystem, ensuring they get all the access and support necessary to see them continue to grow.”. Developer communities remain one of the most vital aspects of Google’s operations in the continent.

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TechCrunch

AUGUST 17, 2021

Pngme’s platform caters to fintechs and other financial institutions across sub-Saharan Africa. When the founders, Brendan Playford and Cate Rung, last spoke with TechCrunch, Pngme was heading out of stealth mode in Nigeria, Kenya and South Africa. But time will tell how long these products can keep being dissimilar.

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TechCrunch

JANUARY 17, 2022

They don’t have access to software that does analytics and inventory management right off the gate. So, we decided to build a cloud-based restaurant software tailor-made for Africa’s massive chefs and restaurant industry.”. 30,000) monthly to access its software. said the CTO in a statement. 2,500) to $50 (~?30,000)

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Mashable Tech

MARCH 3, 2025

The group stage is settled, with India, New Zealand, Australia, and South Africa securing their spots in the knockout rounds. The free streaming platforms are geo-restricted to Pakistan, but anyone can access these free live streams with a VPN. The 2025 ICC Champions Trophy is reaching its dramatic conclusion.

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TechCrunch

APRIL 7, 2022

Because many of them, particularly in the two-wheeler space, lack access to some financial services, being contractors is disadvantageous. And we saw that we were perfectly placed on building a fintech solving the problems of Africa’s gig economy workers, freelancers and self-employed digital workers.”.

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