TechCrunch

JANUARY 28, 2021

With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors. However, the selected six startups this year are from Kenya, Nigeria, and South 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

DECEMBER 1, 2021

OfferZen operated solely in South Africa for four and a half years until April 2020, when it expanded to the Netherlands after acquiring an Amsterdam-based recruitment tech startup called TryCatch. Most of its customers from both ends of the marketplace are based in South Africa, the Netherlands, and parts of Europe like the U.K.

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TechCrunch

NOVEMBER 11, 2021

In Africa, one startup is carving a niche for itself. The company, based in South Africa, has raised $3 million in seed funding to scale outside Africa and build the infrastructure for the digital insurance economy. However, it also powers affinity insurance players; some of the largest in South Africa actually.

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TechCrunch

FEBRUARY 11, 2021

The plan was to give startups access to networks , money and expansion opportunities. “We We want to help South African and African companies internationalize,” said co-managing partner Andrea Bohmert at the time. The fund ( KNF Ventures ) which invests primarily in Series A stage has eight startups in its portfolio. and Europe.

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TechCrunch

JANUARY 17, 2023

“With our first adtech business, we never dealt with real estate or property as we could never really service them in this country [South Africa]. When buying and selling homes, if you take South Africa, for example, 40,000 agents are marketing 300,000 listings at any time.

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Social Media South Africa Media Fund 100

TechCrunch

JANUARY 6, 2022

When the money from retailers arrives at JABU distribution centers, it typically takes 48 hours to settle into the banks. Instead of going through this mundane process, JABU’s wallets will allow merchants to deposit and withdraw money immediately in sync with these centers.

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TechCrunch

APRIL 26, 2023

Within the last 18 months, the four-year-old startup worked on analyzing fraud data from global money networks, verification of mobile money financial statements and blocklist data from various banks and fintechs within the last 18 months. We want to add that depth in more markets, and Appruve gives some of that.”

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TechCrunch

DECEMBER 1, 2021

This way, individual users can exchange cash for mobile money via the Gozem app. “ Generally speaking, our competitors are the telco, which offers mobile money services, and sometimes you have standalone digital wallets as well,” said Costamagna. 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

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). Here’s the list of African startups that made it to YC S21 in alphabetical order.

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TechCrunch

OCTOBER 11, 2021

Kenya, on the other hand, is still within its radar as one out of three countries (including Egypt and South Africa) Mono plans to expand into next year. Hassan adds that Mono might complete the move to South Africa via a partnership with Absa bank this year. However, not everyone measures growth this way.

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Nonprofit Tech for Good

FEBRUARY 8, 2021

As a company with many individuals personally invested in nonprofit work, we had tons of people who were excited to act as team captains as well as a community of people who would motivate one another as they competed to help their team raise as much money as possible. This year, they’ve selected Grassroot Soccer.

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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%. the chief executive said.

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TechCrunch

JANUARY 4, 2022

The growth experienced by fintechs is against the backdrop of the increasing phone ownership and a deepening penetration of mobile money technology and the internet – all of which have made it possible to bypass the sometimes restrictive traditional banking infrastructure. . Image Credits: Getty Images. Opportunities for growth.

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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

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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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. In the CEO’s words, Sympl operates a save your money, pay later model rather than the normal buy now, pay later model.

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TechCrunch

FEBRUARY 13, 2022

And the way we ultimately think about that is that people can easily move money between various applications between various geographies and institutions.”. In April 2021, Stitch launched its payments product in South Africa and noticed a 50% month-on-month growth in payments volume the following six months.

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TechCrunch

JANUARY 17, 2022

I also remember taking money from loan sharks with ridiculous interest rates, sometimes as high as 20% a month, to meet payroll. It’s an identical problem for more than 51% of 44 million formal SMBs in sub-Saharan Africa who say they need more finance than they can access to grow their businesses, per research. “And

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TechCrunch

APRIL 18, 2022

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%. There are very few markets where domestic card schemes edge out the pair in Africa.

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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. Among other notable private and public organizations that have tapped Zindi include Microsoft, IBM and Liquid Telecom UNICEF and the government of South Africa. Photo Credits : Zindi.

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TechCrunch

JANUARY 20, 2022

“Chari will use the money of this bridge round to test the BNPL services with its existing customers. Upon successful results, Chari will acquire a local credit company to enable shop owners to lend money to their end-users and further grow their business,” said chief executive Ismael Belkhayat in a statement. ”

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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. 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 19, 2022

The South Africa-based company, which currently has a team of 37 people across 18 countries, wants to use this additional capital to scale interactive content across Africa. The company’s online marketplace is noticing even faster growth, said Robbin-Coker, especially among users in South Africa and Nigeria.

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TechCrunch

JANUARY 28, 2022

Paddy Partridge, Africa regional director, Bolt Ride Hailing. Partridge said that Bolt already has vehicle-financing partnerships with banks in markets like Kenya, Nigeria and South Africa, and its planning to form additional collaborations, and explore the expansion of the current ones to reach more markets and drivers.

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TechCrunch

DECEMBER 6, 2022

Its services are used across seven African countries — Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. — allowing people to send money from the European nation to Chipper Cash’s African markets — and the U.S. — to facilitate peer-to-peer money movement from the U.S.

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TechCrunch

MARCH 29, 2022

Churpy , a fintech startup based in Kenya, is looking to expand across Africa by setting up hubs in Egypt, Nigeria and South Africa for a planned continent-wide growth, driven by the $1 million in seed funding it has just raised. SMEs have a huge financing gap.

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TechCrunch

JUNE 30, 2022

Africa is home to some of the highest mobile money penetration and has decent bank account usage. If you look at it from a business standpoint, you have bank accounts, mobile money accounts, payroll, invoices — these are a variety of data points that most financial institutions don’t have access to.

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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

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. Japan, Nigeria, and South Africa also participated. “We make it easy and convenient for businesses.

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TechCrunch

MAY 25, 2022

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.

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TechCrunch

APRIL 8, 2022

Didi puts South Africa in its rearview mirror : Chinese ride-hailing giant Didi Chixung is sticking out its thumb and grabbing a ride out of South Africa today. Like leaving the gallon of milk in the chip aisle to grab the last bag of Doritos, he opines there will be some hard decisions to make going forward.

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TechCrunch

FEBRUARY 5, 2021

But as banks slacked, mobile money from the region’s telcos filled in the gap. Today, this mobile money infrastructure and reach allows startups to build upon their existing payment infrastructure to democratize access through different applications. However, with the World Bank stating that the region will have 62.5%

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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

JUNE 8, 2022

The organization’s report intends to shed more light on Africa’s market dynamics. And though they are inclined to follow the money, Endeavor wants them to look beyond usual market opportunities and map out exit pathways. Africa’s digital opportunity. For investors, it hopes to help them build local market intelligence.

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