Remove Fund Remove Money Remove Zimbabwe
article thumbnail

FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. In Zimbabwe, for instance, only 30% of the adult population had access to any financial services as of 2014. million in 2016.

Zimbabwe 134
article thumbnail

This pan-African freelance platform is the first Zimbabwean startup backed by Techstars

TechCrunch

The accelerator, which has accepted only a handful of African startups, included one from Zimbabwe in this class. As peculiar to most African startups, funding has been hard to come by for the team. This progress has attracted the likes of Techstars and Google to provide them with funding and network. Roger Roman (co-founder).

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CEO’s Update: Fall 2014

Beneblog: Technology Meets Society

More and more of my time is spent around both raising money and raising awareness of how much more could be done with technology to increase social impact. We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation.

article thumbnail

Insight Partners leads $60M growth round in cross-border payments startup Thunes

TechCrunch

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. Singapore-based Thunes , a fintech focused on making cross-border money transfers easier, announced today it has raised a $60 million growth round led by Insight Partners.

article thumbnail

MFS Africa collects $100M to expand its digital payments gateway across the region

TechCrunch

Private equity fund AfricInvest FIVE co-led the Series C round with existing investors Goodwell Investments and LUN Partners Group. New investors CommerzVentures, Allan Gray Ventures, Endeavor Catalyst and Endeavor Harvest also joined the round , while ShoreCap III returned as an existing investor with other funds.

Africa 108
article thumbnail

South African crowd-solving startup Zindi building a community of data scientists and using AI to solve real world problems

TechCrunch

Just last year a team of data scientists under Zindi used machine learning to improve air quality monitoring in Kampala as another group helped Zimnat, an insurance company in Zimbabwe predict customer behavior — especially on who was likely to leave and the possible interventions that would make them stay. Photo Credits : Zindi.

article thumbnail

Construction insurance company Billy raises additional $2.5 million

TechCrunch

million led by Entrada Ventures and MetaProp, bringing its total funding to $6.7 Last year, Black founders raised just 1% of all venture capital funding, a slight dip from the record 1.3% Billy plans to use the money to accelerate sales and increase customer retention. allocated to them in 2021.