TechCrunch

JULY 25, 2022

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. We align ourselves with a lot of the ESGs.”.

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TechCrunch

FEBRUARY 14, 2023

In the latest development, Curacel , a Nigeria-based platform that aims to drive insurance penetration in emerging markets via APIs enabling insurers to connect with digital distribution channels and administer their claims, has raised $3 million in seed funding. We’ve got claims and distribution, which are our go-to products.

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TechCrunch

MAY 4, 2022

Trade has the least startup activity in a market that received $5 billion in VC funding last year. “Providing a framework where people can operate and scale their solutions to several markets at once is incredibly important,” said Onayemi, who also co-founded Future Africa, an Africa-focused VC fund.

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TechCrunch

FEBRUARY 13, 2023

The Off-Grid Energy Access Fund (FEI-OGEF), Cordaid, and Qotto’s existing investors also participated in the round. Our edge is that our presence in rural areas allows us to understand the customers and their needs so that we can propose innovative products based on our technical platform,” he said.

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TechCrunch

AUGUST 11, 2022

Kenyan retail B2B and end-to-end distribution platform Marketforce laid off a chunk of its workforce in July, according to sources familiar with the matter. . Some of these roles were instrumental to Marketforce’s growth over the past year as the company concentrated its efforts on onboarding thousands of merchants to its RejaReja platform.

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The Next Web

OCTOBER 15, 2012

The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press. Paul Bragiel, founder of I/O Ventures launched the Savannah Fund to invest in East african startups. Startups are aiming for a global, not local market.

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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

MARCH 1, 2022

M-KOPA’s financing platform has proved helpful to this set of users since launching as an energy provider in 2011. Previous backers such as the CDC Group and LGT Lightrock took part in this round alongside LocalGlobe’s Latitude Fund and HEPCO Capital Management. A 2019 World Bank report says 85% of Africans live on less than $5.50

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TechCrunch

MARCH 20, 2023

Embedded finance solutions in less developed markers are becoming more prominent as platforms look to provide various financial solutions to the unbanked and underserved. They allow businesses such as mobile operators, e-commerce platforms, and logistics companies to embed and enable banking products for their customers.

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TechCrunch

MAY 19, 2022

Victory Farms , an aquaculture startup and farm for tilapia fish comprising hatcheries, nursery ponds and deep-water cages, has raised $5 million in new funding. This funding will allow the Kenyan-based company to expand its business into Rwanda, DRC and Tanzania. Joseph Rehmann founded Victory Farms in 2015.

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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. in average transaction fees, digital senders like NALA pitch themselves to customers as platforms with the best rates and lowest prices. The platform allows payments from the U.K. and the E.U., and the U.K.

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TechCrunch

NOVEMBER 1, 2021

This funding comes after the company’s $30 million Series B round — $23.75 The B2B e-commerce food distribution platform claims that over 100,000 customers use its services across Kenya while delivering more than 600 metric tons of product to 10,000+ retailers daily. . The funding will be used to test the concept out.

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TechCrunch

MARCH 7, 2022

So, u sers from different countries — Ghana, Nigeria and Kenya, for now — can connect their bank or mobile money accounts to Dash, pay bills, and send and receive money to other users while the platform handles currency conversions. The Dash team. Image Credits: Dash. African tech took center stage in 2021.

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TechCrunch

MARCH 16, 2022

B2B retail and e-commerce platforms have primarily tried to fix these inefficient supply chains over the last couple of years and have received substantial investor backing since the pandemic. And what started in Kenya soon scaled into neighboring East African markets Tanzania, Rwanda and Uganda in 2018.

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Beth's Blog: How Nonprofits Can Use Social Media

AUGUST 4, 2014

billion in 2013 and nonprofit fundraisers using crowdfunding platforms and techniques continues to explode (according to this infographic from Craig Newmark). Charlotte, A Young Teen, Helping To Save Horse Farm Through A Kick Starter Campaign. Crowdfunding in general has raised more than 5.1 Raising Money To Fight Food Insecurity.

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TechCrunch

NOVEMBER 1, 2021

Chipper Cash , an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. The company’s total Series C stands at $250 million but its total funding to date is over $305 million. In May, it expanded to the U.K.,

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TechCrunch

DECEMBER 5, 2021

The startup has today announced entry of RejaReja, the B2B retail marketplace, into Ethiopia, Ghana, Tanzania, Rwanda and Uganda, after successful pilot programs, coming about two months after it grew beyond Kenya by launching in Nigeria. MarketForce recently raised $2 million in seed funding.

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TechCrunch

NOVEMBER 22, 2022

In its expansion phase, backed by a $3 million pre-seed funding, the startup looks to tap some of the biggest distributors and e-commerce players in Ghana, and later Nigeria, to grow beyond Kenya, Tanzania, Uganda, Zambia and Zimbabwe. Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems.

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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. They can also send money to the UK and Europe on the platform.

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TechCrunch

NOVEMBER 22, 2021

funded Financial Sector Deepening (FSD) Africa. The organization is working with eight insurance regulators including those of Ghana, Malawi, Nigeria, Rwanda and Tanzania to build an environment that bolsters insurtech innovation across the continent. “It

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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. Safra Group.

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TechCrunch

NOVEMBER 8, 2021

JUMO , a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. So far, JUMO has served loans worth over $3.5

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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. African fintech Pngme raises $15M for its financial data infrastructure platform.

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TechCrunch

MAY 14, 2023

million seed funding it has raised in a round led by Atlantica Ventures, with participation from Vested World, Jaza Rift and Katapult. million equity funding, and $275K grants from various entities such as the Google Black Founders Fund, Africa Business Heroes by Jack Ma Foundation, FbStart, and Lafiya Innovators by Impact Hub.

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TechCrunch

APRIL 16, 2021

Reaching your primary care doctor when you’re not feeling well is getting harder and harder, and 1Doc3 aims to solve that problem in LatAm by offering a telemedicine platform powered by AI that does symptom assessment, triage and pre-diagnosis before connecting the patient to a doctor. “In In March of 2021, the company had $120,000 in MRR.

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TechCrunch

MAY 18, 2021

Thunes’ last funding announcement was in September 2020 a $60 million Series B led by Helios Investment Partners. For example, Helios focuses on African companies and Thunes used part of its funding from the firm to build teams in Kenya, Tanzania, Zimbabwe and Ethiopia. Other investors include GGV Capital and Checkout.com.

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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. The platform will go live in Kenya in the next couple of months, said Anuna. KlashaCart.

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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

JANUARY 25, 2021

Social enterprises like One Acre Fund, startups like Apollo Agriculture, and agribusiness giants like Flour Mills and Export Trading Group are also among Pula’s clients. “With our latest funding, now is the time to break into new ground. South African startup Aerobotics raises $17M to scale its AI-for-agriculture platform.

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TechCrunch

AUGUST 26, 2021

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. based fund 88mph co-led the round with China-based MSA Capital, with participation from Zagadat Capital, Kepple Ventures and Vunani Capital. He also sits on the board of 88mph.

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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

JUNE 8, 2022

She, alongside Denise Umubyeyi , created Five to Nine to bring the tools needed to run internal events into one platform. Other investors in the round include Slack Fund and Cleveland Avenue , with Mike Gamson , Sterling Road , and Concrete Rose Capital as repeat investors. Last year, less than an estimated 0.5%

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Amy Sample Ward

NOVEMBER 16, 2009

The message explained that Causes would be focusing on only providing service to the Facebook platform, encouraging any MySpace users that wanted to continue using the application to migrate, too. What is the difference between a community actively using a platform and one actively involved in the evolution of the platform?

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TechCrunch

JUNE 8, 2022

She, alongside Denise Umubyeyi , created Five to Nine to bring the tools needed to run internal events into one platform. Other investors in the round include Slack Fund and Cleveland Avenue , with Mike Gamson , Sterling Road and Concrete Rose Capital as repeat investors. Last year, less than an estimated 0.5% After moving to the U.S.

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TechCrunch

APRIL 13, 2022

We’ve covered a host of these platforms in the past. In the latest development, Umba , a digital banking platform operating in Lagos, Nigeria, has raised $15 million in Series A funding. Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa. The fintech has raised a total of $17.5

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TechCrunch

FEBRUARY 27, 2022

million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 ” Funding across the globe. MarketForce, a retail B2B and end-to-end distribution platform founded in Kenya, raised $40 million in Series A funding for its merchant inventory financing and expansion across Africa.

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Get Fully Funded

JUNE 1, 2021

It is easy to post a link to a crowdfunding platform or to your website’s donation page, but letting supporters give directly through Facebook makes it even easier to capture impulse donors. Facebook fundraising tools are designed to keep people on the site rather than send them to a crowdfunding platform or other website.

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