TechCrunch

FEBRUARY 23, 2021

“The establishments of digital banks in South Africa is in its infancy. With already existing shareholders like African Rainbow Capital (founded by South African billionaire Patrice Motsepe), TymeBank says these new investors will grow the company into a top-tier retail bank in South Africa.

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TechCrunch

NOVEMBER 1, 2021

Serunjogi founded Chipper Cash with Maijid Moujaled in 2018 to offer a no-fee peer-to-peer cross-border payment service in Africa via its app. Its services are used across seven African countries — Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. In May, it expanded to the U.K., by next year, said Serunjogi.

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TechCrunch

JUNE 7, 2021

South African-founded startup WhereIsMyTransport is one such company filling that gap for now. million Series A extension to continue its expansion across emerging markets; the company already has a presence in South Africa and Mexico. Today, i t is announcing a $14.5 According to Naspers, the size of its check was $3 million.

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TechCrunch

NOVEMBER 3, 2022

Silicon-Valley based VC firm 500 Global and German’s economic development agency Gesellschaft fu?r r Internationale Zusammenarbeit (GIZ) will train managers of leading accelerators in Africa over the next two years, to help them establish sustainable business models that commandeer greater influence in their ecosystems.

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TechCrunch

SEPTEMBER 23, 2022

His firm, Seven Seas Technologies , has previously worked with governments too — having been involved in the initial implementation of the decentralized service delivery hubs – Huduma Centres , which grant citizens access to nearly all government services through a single portal. This means we do not build what is available.

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TechCrunch

MAY 25, 2022

Now, the last-mile distribution e-commerce company has received more investment: a $15 million Series A led by Tiger Global. The round, which closed sometime in March, is Tiger Global’s second investment in the B2B e-commerce space after backing Wasoko in its mega Series B round. million seed round we covered.

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TechCrunch

JANUARY 17, 2022

While Cauris provided debt financing, Tiger Global and JAM Fund, the investment firm of Tinder co-founder Justin Mateen co-led the equity bit. It’s an identical problem for more than 51% of 44 million formal SMBs in sub-Saharan Africa who say they need more finance than they can access to grow their businesses, per research.

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TechCrunch

MARCH 16, 2022

Informal retail is king in Africa, with hundreds of billions of dollars of consumer goods sold through its channels yearly. Yet its industry remains highly fragmented as shop owners and kiosks still have issues around access to capital and getting goods regularly and on time from suppliers and distributors. It was strategic.

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TechCrunch

MARCH 7, 2022

Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. Africa has it different. Instead, its wallet allows users to access a plethora of services they can’t find on their traditional provider. Other investors in the round include Global Founders Capital and 4DX Ventures.

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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

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

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. Since the company’s Series A raise of $2.5

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TechCrunch

NOVEMBER 15, 2021

Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. One, most of them are excluded from various payment ecosystems globally due to their size, and two, getting hardware from providers can be expensive. . Australia and Asia.

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TechCrunch

JANUARY 12, 2022

Here’s how it will work: Say a company is using SeamlessHR for its 5,000 employees; any one of them can tap into the platform’s earned wage access where they can get their salaries up until the point they’ve worked. In Africa, the innovation that allows people to access credit from their jobs doesn’t happen.

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TechCrunch

MARCH 16, 2022

You can count on one hand the number of funds bigger than Tiger Global. From that fund, Tiger Global made more private investments than any other firm last year — about 340 as of late December — roughly one investment per day, according to CB Insights. However, Tiger Global limited its activity in Africa from 2009 to 2014.

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TechCrunch

MARCH 15, 2021

That might be a thing of the past for some businesses as African payments company Flutterwave today is announcing a collaboration with PayPal to allow PayPal customers globally to pay African merchants through its ‘Pay with PayPal’ feature. Going by this partnership, we can expect the majority of them to be global plays.

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TechCrunch

OCTOBER 24, 2022

Access to funding and lack of support systems are some of the greatest challenges faced by startup founders in sub-Saharan Africa. Madica said it is also keen on reaching underserved markets in the continent, outside the well-established hubs of Egypt, Kenya, Nigeria, and South Africa.

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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. We will look at adding data and identity this year, as well as deepening the payments set similarly to how we have it in South Africa.”.

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TechCrunch

JANUARY 28, 2022

We’re just not able to continue keeping up with that growth because drivers are not able to access vehicles at an affordable rate,” said Partridge. “We Paddy Partridge, Africa regional director, Bolt Ride Hailing. Paddy Partridge, Africa regional director, Bolt Ride Hailing. Image Credits: Bolt.

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TechCrunch

NOVEMBER 8, 2021

JUMO , a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. So far, JUMO has served loans worth over $3.5

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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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The Next Web

OCTOBER 15, 2012

The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press. Startups are aiming for a global, not local market. It was surprising many startups are aiming for a global, not local market.

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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. African startups join global funding boom as fintech shines.

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TechCrunch

MAY 4, 2022

These countries include Nigeria, Kenya, Ghana, South Africa, Rwanda, Senegal, Togo, Tanzania, Ivory Coast, Egypt, Mauritius and Burkina Faso. This incorporation-as-a-service plugin positions Norebase as a global player in the trade tech space. It’s one of the few companies offering such services, including Firstbase.

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TechCrunch

JUNE 7, 2022

The firm co-led the round with Global Ventures, the MENA-focused VC that has backed the likes of Tabby, Helium Health and Paymob. “I The core mission of Klasha is to streamline cross border commerce from Africa to the rest of the world. Klasha has a suite of business- and consumer-facing products connected via one API. KlashaCart.

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Candid

JULY 17, 2024

For 20 years, the global communications firm Edelman has studied the influence of trust across government, media, business, and nongovernmental organizations (NGOs). Here are five takeaways about global trends in the public’s trust in NGOs: 1. In China, however, the level of trust in NGOs fell significantly from the previous year.

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TechCrunch

JANUARY 4, 2022

Financial Technology Partners, an investment banking firm focused exclusively on fintech, in a past review of the sector in Africa said that the continent, with its rapidly growing population, some of the fastest-growing economies and an underdeveloped financial services ecosystem, presents an attractive opportunity for fintechs.

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TechCrunch

FEBRUARY 15, 2022

The startup’s platform lets developers turn their apps into super apps, either by building their own mini-apps or accessing them through Appboxo Showroom, a marketplace for third-party developers. Appboxo, whose clients include GCash, Paytm and VodaPay, announced today that it has raised $7 million in Series A funding led by RTP Global.

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TechCrunch

MARCH 29, 2022

Churpy , a fintech startup based in Kenya, is looking to expand across Africa by setting up hubs in Egypt, Nigeria and South Africa for a planned continent-wide growth, driven by the $1 million in seed funding it has just raised. origination fee. We are excited to partner with the Churpy team as the first mover in the market.

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TechCrunch

DECEMBER 9, 2021

But in countries such as South Africa and Egypt, there is a newfound surge in demand for such services. Beco Capital led the five-month-old startup’s seed round, while A15 and Global Ventures participated. “We

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TechCrunch

DECEMBER 8, 2021

Kwara is now moving a step further to build the next-generation neobank that will give credit-union members access to instant loans and third-party services such as insurance, as the start-up moves to offer end-to-end solutions to its clients. Kwara is building a neobank for credit unions.

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TechCrunch

JANUARY 17, 2022

The market, dominated by incumbents like Toast and upcoming players such as MarginEdge and Brazil’s Zak , has its value pegged at over $70 billion globally and is expected to reach $116 billion in the next four years. As with most technologies, Africa is playing catch up in this food-tech segment. said the CTO in a statement.

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TechCrunch

DECEMBER 9, 2021

As many edtech companies benefited from the disruption of the pandemic, attracting wads of cash from investors globally, it did feel like African startups were left out. They can either access lessons via streaming or use the SD cards to download and store the content. and South Korea.

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TechCrunch

DECEMBER 6, 2021

As part of the round, Wale Ayeni, the head of Africa Venture Capital Investment for the IFC and Brian Odhiambo, the West Africa director of Novastar Ventures, will join TradeDepot’s board. . Merchants are able to double or triple what they normally buy just because of this access. A TradeDepot warehouse.

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TechCrunch

JANUARY 25, 2022

InstaDeep has established itself as a global company using AI to solve complex problems with significant monetary value. More than 130 are in AI research, engineering, ML and DevOps departments, while half of the team is based in its African offices: South Africa, Nigeria and Tunisia.

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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. The startup proceeded to create a partner ecosystem structured so that some give it access to new users while others support its ecosystem and marketplace. “We

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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 So the real barrier to that has been hardware: a reliable quality smartphone being too expensive, which means access to the mobile internet being too expensive.

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