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

TechCrunch

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. Now, that number has quintupled.

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

TechCrunch

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. El-Feky said when the company raises its next round of investment, expansion outside Egypt will be on the cards.

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

TechCrunch

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. This was the main idea at this time as we saw a huge problem where there was no analytics platform for the offline store or a retargeting mechanism.”.

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

TechCrunch

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 101
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Zeraki, a Kenyan edtech providing digital solutions for school admin, raises $1.8M

TechCrunch

Zeraki , a Kenyan edtech that has built digital learning and school data analytics platforms, has raised $1.8 And the platforms for producing these report forms were offline computer-based platforms. South Africa’s edtech FoondaMate eyes speedy takeoff after $2M funding.

Digital 99
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African edtech startup uLesson raises $15M, backed by Nielsen Ventures and Tencent

TechCrunch

The investment, which comes 11 months after uLesson raised a $7.5 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.

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

TechCrunch

The two-year-old startup raised $1.1 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.

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