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mPharma raises $35million in round participated by Tinder co-founder’s JAM fund, Bharti executive

TechCrunch

The new funding, mPharma co-founder and CEO Gregory Rockson told TechCrunch, will be used to build the startup’s data infrastructure, triple its talent pool over the next three years and support expansion plans in its current and new markets.

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8 startups that leveraged products for social good, and where they’re headed in 2014

The Next Web

1) The e-commerce site where products fund projects. Launching – and funding – several crowd commerce campaigns. Launching – and funding – several crowd commerce campaigns. Similar to a Kickstarter model, these campaigns use products to fund projects. As of May 2013, w4tw was over-funded by $16,285 from a cool $25K.

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CEO’s Update: Fall 2014

Beneblog: Technology Meets Society

We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation. For example, Martus can now be configured in less than 10 minutes by anyone with basic digital literacy skills. The Challenge ran for six weeks through December 5th.

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Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. “With our latest funding, now is the time to break into new ground. Agriculture insurance has traditionally relied on farm business. .”

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Flutterwave and PayPal collaborate to allow African merchants to accept and make payments

TechCrunch

They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Next , they request the funds via bank transfer, leading to more incurred costs or use other cross-border money platforms like WorldRemit.

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mPharma, a telehealth pioneer out of Ghana, gets physical with 100 virtual centers across Africa

TechCrunch

Founded in 2013 by Rockson , Daniel Shoukimas and James Finucane , mPharma is one of the well-funded startups across Africa raising over $50 million since inception, this includes a Series C round of $17 million, led by UK’s development arm CDC Group, it received last year. We currently have five centers open.

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Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API

TechCrunch

San Francisco-based venture capital firm Runa Capital, Ace & Company, Todd & Rahul Angel Fund and Vibe VC participated. They range from digital banks to post-Series A fintechs and “companies founded on the basis of Union54’s availability.” . The Zambian company will also use the funds to expand its regional customer base. .

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