Fund, Offline and South Africa - Nonprofit Technology

South African payments startup Yoco raises $83M Series C backed by Dragoneer

TechCrunch

JULY 27, 2021

In South Africa, these businesses contribute around one-third of the country’s GDP. Since launching in 2013, South African fintech Yoco has positioned itself as the go-to platform to access offline payments among merchants in the country. “We want to offer whatever payment methods our merchants need. .

South Africa

South Africa Africa Raise Offline

Fintechs in Africa continue to overshadow all other startups in funding gained

TechCrunch

JANUARY 4, 2022

billion investment that fintechs in Africa raised in 2020, and triple the amount in 2019. Among the largest beneficiaries of the fintech capital were Opay , which raised $400 million in Series C funding, Flutterwave , which got $170 million in a Series C round, and TymeBank , which raised $180 million in Series B.

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Africa Fund South Africa Mobile

Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service

TechCrunch

DECEMBER 9, 2021

Though BNPL has taken off in most parts of the world, it’s yet to pick up steam in Africa. But in countries such as South Africa and Egypt, there is a newfound surge in demand for such services. Beco Capital led the five-month-old startup’s seed round, while A15 and Global Ventures participated. “We

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Zola Electric closes $90M funding round to scale technology and enter new markets

TechCrunch

SEPTEMBER 23, 2021

Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. ” The $90 million funding raised is a combination of debt and equity, $45 million each. Outside Africa, the company is also present in the U.S.,

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

SEPTEMBER 10, 2022

Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth.

Africa

Africa Nigeria Marketing Kenya

TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa

TechCrunch

DECEMBER 6, 2021

Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. The Series B funding is coming almost eighteen months after raising $10 million co-led by Partech Africa and the International Finance Corporation (IFC).

Africa

Africa Nigeria Service Raise

Egyptian startup Convertedin raises $3M, caters to e-commerce brands in MENA and Latin America

TechCrunch

AUGUST 9, 2022

The company, in a statement, said it plans to utilize the funds for strategic hiring and further development of its platform. His time as an employee opened his eyes to the opportunity of helping offline stores retarget and retain their customers online while finding new ones to shop at their stores offline. “If

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Nigerian restaurant management platform Orda gets $1.1M, wants to be the Toast of Africa

TechCrunch

JANUARY 17, 2022

Other institutional investors include Techstars Boulder, Magic Fund, Hustle Fund, Norrsken Foundation, Microtraction, DFS Labs, Oxford Seed Fund, Enza Capital, Agrolay Advisors, and angel investors such as Buycoins’ Ire Aderinokun, Jesse Ovia and Ademola Adesina. Last year, 80% of the U.S.

Africa

Africa Management Platform South Africa

Nigerian digital freight provider MVX lands $1.3M to help shippers move cargoes faster

TechCrunch

AUGUST 5, 2021

The startup has expanded beyond Nigeria and claims that merchants from the West African country, as well as Kenya, South Africa, Ghana and Rwanda, can use its platform to move freight in and out of their countries. And also, we see a huge potential in the offline market. Our strategy in capturing offline markets is also key.”

Africa

Africa Nigeria Digital South Africa

Rensource-spinoff Sabi closes $6M bridge round, expands B2B retail platform outside Nigeria

TechCrunch

NOVEMBER 25, 2021

Most of these businesses operated offline until a few years ago when startups brought about digitization by providing infrastructure and a gamut of e-commerce and financial services. Sabi is an attempt at platforming the informal sector and African trade via various online and offline channels.

Nigeria

Nigeria Platform South Africa Offline

Zeraki, a Kenyan edtech providing digital solutions for school admin, raises $1.8M

TechCrunch

DECEMBER 8, 2022

million seed funding in a round led by Acumen Fund, for product catalog growth and regional expansion. And the platforms for producing these report forms were offline computer-based platforms. South Africa’s edtech FoondaMate eyes speedy takeoff after $2M funding.

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Digital Raise Africa Kenya

Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

TechCrunch

JUNE 9, 2022

AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF) and French-based development finance institution Proparco, co-led the early-growth round. The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia.

Africa

Africa Tunisia Saudi Arabia South Africa

African edtech startup uLesson raises $15M, backed by Nielsen Ventures and Tencent

TechCrunch

DECEMBER 9, 2021

The platform is available in other markets, such as South Africa, Sierra Leone, the UK, Liberia, Gambia and the US, but Shagaya said uLesson has spread in these countries via word of mouth. In August, uLesson introduced offline centers. Nigeria remains uLesson’s largest market by far, said Shagaya.

South Africa

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South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

TechCrunch

JULY 28, 2022

Qwili , a startup that provides a hybrid sales product to micro and small merchants in South Africa, has raised $1.2 million in seed funding a year after closing an undisclosed pre-seed round. And third, the providers of value-added services have facilitated access to a previously offline market.

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Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

JANUARY 27, 2022

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. With Africa being the most expensive region to send money to, with 10.6% Nala has built a hassle-free, offline mobile money payment platform for Africa.

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Daily Crunch: Google will use private subsea cable to launch its first full-scale cloud region in Africa

TechCrunch

OCTOBER 5, 2022

Cloudy day : Google’s first cloud region in Africa launched in South Africa. Duck, duck, goose : French food tech startup Gourmey took in $48 million of new funding to cook up its slaughter-free and lab-grown foie gras. million of new funding to tell you how you can do more sustainable shopping. Big Tech Inc.

Africa

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Orda raises millions to digitize African restaurants with its cloud-based operating system

TechCrunch

NOVEMBER 29, 2022

million in pre-seed funding this January, bringing its total funding raised this year to $4.5 With limited access to technology, these restaurants typically resort to using offline methods, including pen and paper, for things like manual reconciliation and inventory management. million seed investment.

System

System Digital Raise Africa

Egypt’s e-commerce platform Wasla nabs $9 million from retail finance provider Contact

TechCrunch

FEBRUARY 15, 2022

Offline payment is also a costly option for buyers as it comes with a cash-on-delivery fee. In terms of maturity within the tech ecosystem, Nigeria is probably one of the best markets in Africa, competing directly with Egypt, South Africa and a couple of others,” said El-Said.

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Contact Egypt Platform Nigeria

Kukua, creators of “Super Sema,” raises $6 million, led by Alchimia and Tencent

TechCrunch

JUNE 29, 2022

Despite her background and demand for such content, securing funding for Kukua’s first project wasn’t easy as investors were unconvinced of its global appeal. In addition to being on YouTube Originals, Super Sema also airs on major linear TV networks in Africa, like Citizen TV in Kenya and SABC in South Africa.

Africa

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Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

TechCrunch

FEBRUARY 21, 2022

Jambo , a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 million in seed funding.

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Webinar: Monthly Donors, Social Media, and Cross-Channel Integration: Critical Tactics to Boost Your Fundraising in 2013

Care2

JANUARY 24, 2013

Say good bye to "online fundraising" and "offline fundraising," there is only fundraising. Eric has an MBA from the Carey School of Business at Johns Hopkins University, an MA in Government and International Studies from the University of South Carolina and a BS in Political Science from the University of Wyoming.

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The Social Media Response to Disaster in Haiti

NTEN

FEBRUARY 17, 2010

Since then, the platform (which is open source ) has been modified for use in South Africa (mapping xenophobic violence), DR Congo , Vote Report India (to monitor the recent local elections) and more. This proved to the Ushahidi team that their tool would be valuable to communities around the world. More and more, now we can.

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Haiti Social Media Disaster Media

African edtech startup uLesson lands a $7.5 million Series A

TechCrunch

JANUARY 20, 2021

million in Series A funding. The round is led by Owl Ventures, which closed over half a billion in new fund money just months ago. It opens up the world for us to do all kinds of really amazing things we’ve wanted to do in the world of edtech that you can’t do in a strictly offline sense,” the founder added.

Africa

Africa South Africa Student Offline

Citizen Tech: Social Media in Disaster Response

Amy Sample Ward

FEBRUARY 19, 2011

Since then, the platform (which is open source ) has been modified for use in South Africa (mapping xenophobic violence), DR Congo , Vote Report India (to monitor the recent local elections) and more. This proved to the Ushahidi team that their tool would be valuable to communities around the world.

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Social Media Disaster Media Haiti

Nonprofit Technology

South African payments startup Yoco raises $83M Series C backed by Dragoneer

Fintechs in Africa continue to overshadow all other startups in funding gained

Webinars

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Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service

Webinars

Zola Electric closes $90M funding round to scale technology and enter new markets

Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa

Egyptian startup Convertedin raises $3M, caters to e-commerce brands in MENA and Latin America

Nigerian restaurant management platform Orda gets $1.1M, wants to be the Toast of Africa

Nigerian digital freight provider MVX lands $1.3M to help shippers move cargoes faster

Rensource-spinoff Sabi closes $6M bridge round, expands B2B retail platform outside Nigeria

Zeraki, a Kenyan edtech providing digital solutions for school admin, raises $1.8M

Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

African edtech startup uLesson raises $15M, backed by Nielsen Ventures and Tencent

South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

Daily Crunch: Google will use private subsea cable to launch its first full-scale cloud region in Africa

Orda raises millions to digitize African restaurants with its cloud-based operating system

Egypt’s e-commerce platform Wasla nabs $9 million from retail finance provider Contact

Kukua, creators of “Super Sema,” raises $6 million, led by Alchimia and Tencent

Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

Webinar: Monthly Donors, Social Media, and Cross-Channel Integration: Critical Tactics to Boost Your Fundraising in 2013

The Social Media Response to Disaster in Haiti

African edtech startup uLesson lands a $7.5 million Series A

Citizen Tech: Social Media in Disaster Response

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