TechCrunch

APRIL 20, 2023

Chargel, which came out of stealth last year, matches shippers with transporters, digitizing processes that were previously largely offline. The funding also includes $750,000 it announced last year. seed funding by Annie Njanja originally published on TechCrunch Its exploration of new growth avenues is backed by a $2.5

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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

JANUARY 27, 2022

to East African countries (Kenya, Uganda and Tanzania), thus ushering the Tanzanian fintech into the remittance business. The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. and the E.U., and the U.K.

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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. . Today, the unified payments app is announcing that it has raised $32.8 million in an oversubscribed seed round. African tech took center stage in 2021.

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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. Trade has the least startup activity in a market that received $5 billion in VC funding last year.

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TechCrunch

JANUARY 18, 2022

The digital banking space in Africa is taking shape as neobanks on the continent grow in numbers like their global counterparts. Finclusion’s debt financing, which makes up the larger share of the overall round, was provided by local currency funds in Eswatini and South Africa. African customers are in dire need of credit.

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TechCrunch

MARCH 16, 2022

It has been a hot sector for investors, and today’s news shows they aren’t slowing down in backing these startups just yet as Sokowatch , one of the major players in the space, announced that it has raised $125 million in Series B funding. However, the recent entry into Ivory Coast and Senegal somewhat forced its hand.

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TechCrunch

OCTOBER 14, 2021

Tala , an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Existing investors IVP, Revolution Growth and Lowercase Capital also joined the round that brings Tala’s total funding raised to a little over $360 million.

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TechCrunch

DECEMBER 5, 2021

MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja — its retailer ‘super app’ that makes it possible for informal merchants to order and pay for inventory digitally, accept payments for utility bills, and access financing for their businesses.

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TechCrunch

OCTOBER 25, 2021

Digital lenders that share personal data of loan defaulters, with third parties, risk license withdrawal in Kenya after lawmakers added a clause – granting the banking regulator the mandate to revoke permits of operators who breach customer confidentiality – to the new law passed by the country’s National Assembly. .

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TechCrunch

MARCH 8, 2022

Its offers a “high-yield” savings account, free FX and adjacent digital banking services so customers can save in a stable currency, the dollar, and spend-as-they-go in local currencies. The company was founded by Ahmed Ismail , Youcef Oudjidane , Khalid Keenan and Abdigani Diriye in late 2021.

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TechCrunch

MAY 18, 2021

The world of digital payments is very fragmented, with different types of online bank accounts, digital wallets and money transfer services used in different countries. Thunes’ last funding announcement was in September 2020 a $60 million Series B led by Helios Investment Partners. Insight closes $9.5B

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TechCrunch

JANUARY 25, 2021

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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TechCrunch

FEBRUARY 21, 2022

MarketForce , the retail B2B and end-to-end distribution platform founded in Kenya, has raised $40 million in Series A funding for its merchant inventory financing and expansion across Africa. This latest round (equal amount of debt and equity) brings the total funds raised by MarketForce to date to $42.5

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TechCrunch

APRIL 16, 2021

In addition to Colombia, the company already has operations in Mexico and plans to use part of the funding to expand further in the region as well as building out a marketing and sales team, which it hasn’t had thus far. . 8 VCs agree: Behavioral support and remote visits make digital health a strong bet for 2021.

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TechCrunch

AUGUST 11, 2022

In an email sent from Marketforce CEO Tesh Mbaabu and obtained by TechCrunch, the layoffs were a part of a reorganization strategy in Kenya, one of its five markets which include Nigeria, Rwanda, Uganda and Tanzania. . Mbaabu confirmed the news on a call with TechCrunch, adding that the company let go of 54 people.

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TechCrunch

AUGUST 29, 2022

In the latest development, Grey , a fintech in this category that provides virtual international bank accounts to African freelancers and remote workers, is announcing that it has raised $2 million in seed funding. Startups offering similar services include the likes of Techstars-backed PayDay.

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TechCrunch

JUNE 7, 2022

KlashaCheckout allows merchants outside Africa to collect payments from six countries on the continent — Nigeria, Zambia, Tanzania, Uganda, South Africa and Kenya — and get paid in G20 currencies like dollars, pounds or euros. Klasha has a suite of business- and consumer-facing products connected via one API.

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TechCrunch

MAY 4, 2022

million in pre-seed funding. ” Before starting Pngme, an open finance startup that has raised over $18 million in VC funding, Playford actively worked in the blockchain and crypto space for almost a decade. Aided by the new capital, Masa claims to have recorded double-digit growth each month since the start of the year.

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TechCrunch

AUGUST 26, 2021

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. Today, the company is announcing that it has closed $9 million in seed funding to scale its operational presence, recruit talent and expand into new markets.

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TechCrunch

NOVEMBER 23, 2022

Digitizing CPGs with some MDCs to gain a lot of GMV : Tanzania-based Ramani raised $32 million as it develops financial services designed to digitize consumer packaged goods supply chains and lend to resellers. Moar funds for moar AI in health : Sequoia India’s Surge backs healthtech startup RedBrick AI in a $4.6

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TechCrunch

JULY 19, 2022

Bloom , a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 Visa is taking the lead as a first mover in digital payments in Sudan. million seed round. This investment is coming after the startup’s undisclosed pre-seed round last year. Our product is live in Sudan.

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TechCrunch

DECEMBER 14, 2021

Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration.

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TechCrunch

JANUARY 27, 2023

But before that, there was shared optimism that African startups would raise more VC funding last year than in 2021 when the continent, for the first time, passed the $4-5 billion threshold. Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa.

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TechCrunch

FEBRUARY 27, 2022

Construction is the one of the least digitized industries out there. million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 ” Funding across the globe. So it was good news to report that Siteline had emerged from stealth with $18.4 The startup emerged from Spain. Latin America.

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TechCrunch

MARCH 3, 2022

Stax , a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes, has raised a $2.2 We recognized that almost all digital financial services in the continent use USSD as their primary channel. million seed extension round. Nigeria and Kenya.

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TechCrunch

MAY 16, 2022

Digital freight forwarders on the continent have grown to tackle these supply chain issues. ” Late last year, merchant groups from Ghana, Tanzania and Kenya invited Topship to gauge the possibility of launching in their respective markets. Egypt’s Flextock closes $3.25M in the largest pre-seed yet in MENA.

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Top Nonprofits

OCTOBER 22, 2021

He is also a member of the all-volunteer workforce at NeighborShare, a new nonprofit raising funds for di-rect community needs. Additionally, Rebecca is a digital mapper for the Tanzania Development Trust mapping rural Tanzania to aid the work of local anti-FGM activists. michael.sullivan@thegivingblock.com [link].

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Top Nonprofits

OCTOBER 13, 2021

In parallel to her main career, she has for many years consulted to start-ups and social enterprises to build strategy, professional leadership, and fund-raising capacity. Additionally, Rebecca is a digital mapper for the Tanzania Development Trust mapping rural Tanzania to aid the work of local anti-FGM activists.

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Fundraising Tanzania NGO Cameroon 52

Top Nonprofits

OCTOBER 22, 2021

He is also a member of the all-volunteer workforce at NeighborShare, a new nonprofit raising funds for di-rect community needs. Additionally, Rebecca is a digital mapper for the Tanzania Development Trust mapping rural Tanzania to aid the work of local anti-FGM activists. michael.sullivan@thegivingblock.com [link].

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Fundraising Nonprofit Tanzania NGO 52

Tech Soup

SEPTEMBER 9, 2013

This time I’ll review some new developments in digital inclusion, smart watches, accessibility technology, apps in Africa, crowdfunding resources, and digital trends to expect in the next five years. Now, here's the latest: Digital Inclusion. It's about time to catch up on some nonprofit technology trends and news!

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News Technology Nonprofit Nptech 58

Tech Soup

OCTOBER 9, 2014

First up was Joseph Tanigawa from Code for San Francisco (our local chapter of Code for America), who presented a nifty tool for bridging the digital divide. The app is currently being used in Tanzania, but the developers are hoping to deploy it in other countries as well. Goalie for Mission Asset Fund. LocalFreeWeb.

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Global Giving

NOVEMBER 14, 2017

As people become digitally connected, they gain access fundraise from empathetic individuals around the world. The company seeks to accelerate aid funding distribution and provide transparency in how funds are spent using blockchain. BitPesa, Banqu, and UCash are scaling similar concepts in Kenya, Indonesia, and India.

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Tech Soup

JULY 8, 2011

” Martha Lane Fox, UK Government’s Digital champion, on access to all being critical to achieving equality in society. ” Jeremy Heimans, Purpose, Australia, while he argued that micro payments are a better funding model than plain charity, for social change. preoccupied with technology. development in Africa.

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TechCrunch

FEBRUARY 1, 2022

The startup, which has achieved a great take-off in Kenya, is set to strengthen its technical, operations and sales team to lay ground for its entry into Tanzania and Uganda markets, after raising $4 million in seed funding bringing the total funds raised to date to $5 million. Image Credits: Amitruck.

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TechCrunch

AUGUST 24, 2022

million (50 billion won) in a Series D funding round at a postmoney valuation of $2.7 The latest funding, led by South Korean private equity firm DSAsset, brings Tridge’s total financing to $111.7 Brazil, Turkey, India, Vietnam, Australia, Tanzania, the Netherlands, and Canada,” Hoshik Shin, founder and CEO of Tridge, told TechCrunch.

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TechCrunch

FEBRUARY 11, 2021

With this mobile money ecosystem growing in double-digits year-on-year, a lot of data is being created in the process. He ended up writing short-term loans to entrepreneurs, particularly in Kenya and Tanzania, and during this time formed the basis for which he as CEO and Rung as COO founded Pngme. Playford, who grew up in the U.K.,

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Africa Platform Data API 93