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AltSchool employs an income-sharing agreement (ISA), so when students complete the program and get hired, they’re expected to pay $500, which can be paid in full or installments — $50 over 10 months or $100 over five months. SoftBank sinks $200M into Andela, propels company into unicorn territory.
In a statement shared with TechCrunch, Qwili said it would use the investment for app development, new hires (improvement in operations and development capabilities) and hardware production. The company’s hardware is a low-cost NFC-enabled smartphone called Qwili Pula that allows merchants to send and receive payments.
More on the latter, Akinin said he’s betting that the wallet system can provide a more sustainable alternative to the popular BNPL model that other platforms are offering to merchants. “I The Series A round will see JABU deepen its presence in Southern Africa and expand to new markets like Botswana and Eswatini later this year.
Share on Twitter. The most recent policy bars individuals who have been in South Africa, as well as Botswana, Eswatini, Lesotho, Namibia, Malawi, Mozambique and Zimbabwe within the previous 14 days from entering the United States. Sophie Alcorn. Contributor. More posts by this contributor. 29 due to the Omicron variant.
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