TechCrunch

AUGUST 5, 2021

In Africa, chartering vessels and processing ocean freight can be challenging. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. What followed was the launch of MVXtransit, a digital freight booking platform, helping cargo owners find deals on moving containers across Nigeria.

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TechCrunch

APRIL 26, 2023

In a statement shared with TechCrunch, Smile Identity said it is “actively fulfilling regulatory requirements to finalize the transaction for the [Inclusive Innovation] affiliated entities in Africa.” Document verification and face recognition and matching comprise Smile Identity’s base-level product that works across Africa.

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TechCrunch

MAY 26, 2021

In 2018, Opera, popularly known for its internet search engine and browser, launched the OPay mobile money platform in Lagos. While none of these services has significantly scaled, OPay’s fintech and mobile money arm (which is its main play) is thriving. last year to over $2 billion in December.

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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

JANUARY 6, 2022

Its platform connects over 6,000 retailers to local and multinational suppliers — such as Namibia Breweries Limited, ABInBev, Bokomo, Coca-Cola, Namibmills — and digitizes orders, payments and logistics. And JABU — profiting from owning its supply chain — is making efforts to digitize its physical cash collection processes via wallets.

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TechCrunch

NOVEMBER 11, 2021

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however , this sector hasn’t raced to the stage as quickly as say, payments or lending.

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TechCrunch

JANUARY 17, 2023

The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. South African startup Flow wants to change how real estate agencies, developers and agents interact with their end customers. million in pre-Series A funding.

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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

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 2, 2022

The general perception of insurance on the continent has been bland for years, and its penetration rate, except South Africa, is subpar. Per a McKinsey study in 2018, Africa’s insurance market stood at a 3% penetration rate; with South Africa excluded, it was 1.12%. In the news today is one such company: Casava.

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TechCrunch

DECEMBER 1, 2021

Now that Gozem is present across 13 cities, having moved to Gabon and Cameroon with over 800,000 registered users and completed more than 5 million trips, the founders say the company is setting sights on providing digital banking services and lending to its users. I think we have a fantastic differentiator.

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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? This plan also includes a year of free unlimited cloud backup and a generous 30-day money-back guarantee.

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TechCrunch

JANUARY 20, 2022

Like many startups playing in the B2B e-commerce space across the continent, Chari digitizes the largely fragmented FMCG sector in Morocco and Tunisia. Chari, a Moroccan startup digitizing mom and pop stores, raises $5M at $70M valuation.

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TechCrunch

MARCH 15, 2021

It is nearly impossible for businesses in some African countries to receive money from PayPal. According to CEO Olugbenga ‘GB’ Agboola , this will happen via a Flutterwave integration with PayPal so merchants can add PayPal as a payment option when receiving money outside the continent.

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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 I also remember taking money from loan sharks with ridiculous interest rates, sometimes as high as 20% a month, to meet payroll.

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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 26, 2021

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. According to him, starting pawaPay was to help people send and receive money internationally using mobile money. How big is mobile money in Africa?

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Africa Mobile Money Raise 129

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

FEBRUARY 13, 2022

“On the high level, people moving from cash to digital for the very first time causes more fragmentation. And the way we ultimately think about that is that people can easily move money between various applications between various geographies and institutions.”. Image Credits: Stitch.

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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. These tools can hide your real IP address (digital location) and connect you to a secure server in Pakistan, meaning you can unblock free live streams of the 2025 ICC Champions Trophy from anywhere in the world.

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TechCrunch

MAY 25, 2022

More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently. In January, the company had over 6,000 merchants using its platform across Namibia, South Africa and Zambia.

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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. It has also paid data scientists $300,000 in prize money. Zindi is all about using AI to solve real world problems for companies and individuals.

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TechCrunch

FEBRUARY 15, 2021

million targeted at startups in Kenya, Uganda, Rwanda, South Africa, Ghana and Nigeria. But according to him, Uncovered Fund’s investment methodology is different from his previous firm because it doesn’t bring only money to the table. During his time there, the firm raised more than $4.5

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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. . – Christine and Haje. The TechCrunch Top 3.

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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.

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Mashable Tech

FEBRUARY 25, 2025

Both sides lost their opening games, and after Australia vs. South Africa was abandoned due to rain, this game is essentially a knockout fixture. only at ExpressVPN (with money-back guarantee) Get Deal The best VPNs for streaming are not free, but leading VPNs do tend to offer free-trial periods or money-back guarantees.

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TechCrunch

JANUARY 27, 2022

NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. In that time, NALA built a mobile money service in East Africa and scaled it to more than 250,000 users. and the E.U., country, probably France.”.

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TechCrunch

AUGUST 17, 2021

Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps getting more exciting as major players continue to raise more money for scale. Pngme’s platform caters to fintechs and other financial institutions across sub-Saharan Africa.

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TechCrunch

APRIL 21, 2021

Ashiru Jituboh tells TechCrunch that besides making APIs, Okra is in the business of selling “digital first-experiences and transformation” “We are building an open finance infrastructure that enables developers and businesses to offer digital-first experiences and financial products,” she said.

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TechCrunch

NOVEMBER 16, 2021

Once regarded as a fad (for some, it still is), NFTs, digital assets that depict real-world objects, are becoming increasingly popular within and outside the crypto world. This market is one South African company NFTfi targets and has raised a seed round of $5 million to continue pioneering the financialization of NFTs.

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TechCrunch

JANUARY 16, 2023

Kwara, which also has a presence in South Africa and the Philippines, has grown its clientele base to 120 from 50 at the end of 2021, maintaining a 100% customer retention — a proof of the value it delivers to its clients. All income earned on those products actually flows back to the members as dividends,” she added.

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TechCrunch

OCTOBER 27, 2021

They range from digital banks to post-Series A fintechs and “companies founded on the basis of Union54’s availability.” . We only make money when they do and that’s why we’re happy to give a guarantee with that interchange.”. It currently has a lean team of 10 located in Nigeria, Malawi, South Africa, Zambia, and Europe.

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TechCrunch

MARCH 10, 2022

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. without the outsized market of South Africa. The opportunity is massive.

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TechCrunch

MAY 18, 2022

and South Africa. Two years later, he became part of the founding team of Kenyan-based fintech PawaPay , whose API connects up to 25 telecom operators’ mobile money systems and allows merchants from 10 countries to receive and send payments between mobile money accounts.

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TechCrunch

SEPTEMBER 30, 2021

The lack of interoperability between African currencies is primarily behind why a Kenyan business owner who wants to pay an invoice to another business owner in South Africa with either shillings or rands ends up using the dollar — the currency that powers almost 80% of Africa’s bilateral trade. ”

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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 5, 2022

Last year, rali_cap raised $2 million, money it has since deployed. They range from banking-as-a-service and card issuance players to open finance and SME digitization platforms, including Belvo, Mono, Minka, Stitch, Union54, Pomelo, Simetrik, Brick and Abhi. “But we’re always open for exceptions,” said Simmons.

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