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Zambian card issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API. Union54 hopes to create a homegrown alternative to Mastercard or Visa. ARC2022 is coming soon with plenty of announcements.
Tom Iselin will show you how to increase your likability and “memorability” among donors that will deepen relationships, help you raise more money, and create greater donor loyalty. We got five excellent tactics for you that’ll help you raise more money, and improve your donor relationships through personal branding.
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?
Sudo Africa , a fintech that provides a card-issuing API for developers and businesses in Nigeria, has raised $3.7 Another example is of a delivery company that sends its dispatch rider with a programmable card to make a transaction and spend a certain amount of money at a particular mall. million in pre-seed funding.
We only make money when they do and that’s why we’re happy to give a guarantee with that interchange.”. In retrospect, though, Mlambo and Martini’s experience as founders of Zazu, where they raised over $2 million as one of Zambia’s most funded startups, cannot be written off as a contributor to Union54’s seeming success.
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. You need to have the utmost trust to take that money and send to someone else.”
Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity. million financing round. JABU shines a light on the Southern Africa region.
In January, the company had over 6,000 merchants using its platform across Namibia, South Africa and Zambia. You can offer your end consumers the ability to withdraw and deposit money into their wallets and bank accounts through JABU,” said Akinin. “So Many businesses like ours are taking money out of the market.
More and more of my time is spent around both raisingmoney 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.
The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not have access to a bank account or mobile money. And in small amounts of money, you’ll be able to hold value, as opposed to needing to save up huge amounts to buy an apartment or a plot of land.”.
The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt. He started the company in 2009, facilitating peer-to-peer transactions from Kenya to Zambia, Uganda, Zimbabwe and the Ivory Coast, and vice versa. That’s the grand mission of the company.”
Emtech targets emerging markets where payments infrastructure need aligning with digital innovations — to improve efficiency, introduce new products and services that are likely to promote financial inclusion, and in ensuring the secure movement of money.
The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors co-led by American Express (AMEX) Ventures, the strategic investment group of American Express. Lagos and San Francisco-based Klasha has received an additional $2.1 million seed round.
In an interview with TechCrunch, Stambolis said the UN’s formula for moving the dial worldwide generally boils down to more money and political will. The big data company has provided its software to partners and governments in Ethiopia, Rwanda, South Africa, Zambia, Brazil, Vietnam, Mozambique and Pakistan.
Armed with a new financing model and purpose-built small solar-powered generators and water pumps, Nichols and Ibrahim have already built a network of customers using their equipment to increase incomes by anywhere from five to 10 times their previous levels by growing higher-value cash crops, cultivating more land and raising more livestock.
Together with partners like Salesforce, over the past 16 years (RED) has raised over $700 million dollars for global health, and (RED)-funded grants have impacted over 245 million people. In 2006, (RED) was launched by Bono and Bobby Shriver to drive private sector funding to the AIDS fight and generate much-needed awareness.
The Frozen PeaFund , a social media campaign to raisemoney for breast cancer research, is seeking some advice about becoming a nonprofit organization. A Small Change-Fundraising Blog : A blog to answer questions from nonprofits about fundraising Brenda Zulu from Zambia, a journalist who covers ICT and Development issues.
He ended up running for about 1,500 miles all the way to Zambia, arriving with nothing but the clothes on his back, about 90 pounds, and showing up at a refugee camp where he knew nobody. He was able to get some work digging pit latrines to put himself through one semester of his remaining high school education, and then he ran out of money.
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 Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets. million in seed funding.
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