TechCrunch

MAY 31, 2022

This is a gap that Talk360 is looking to bridge as it creates a new payment platform that will integrate all available payment options across Africa. This product, it says, will open up businesses to the largest pool of localized payment options in Africa.

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TechCrunch

NOVEMBER 17, 2021

According to a 2019 report by Deloitte , about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. Since the company’s Series A raise of $2.5

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TechCrunch

MARCH 7, 2022

Today, the unified payments app is announcing that it has raised $32.8 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.

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TechCrunch

MAY 4, 2022

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. “From telling us to set up takes days. Here’s a use case on how it works.

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TechCrunch

JANUARY 17, 2022

The fintech which provides credit lines for businesses has raised $17 million, funding that it will be using to bolster its offerings and expand geographically. The company aims to serve as the “financial operating system” for Africa’s small and medium businesses. The seed round was a mix of $7 million equity and $10 million debt.

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TechCrunch

AUGUST 9, 2021

It is a similar case across Africa, where car owners often recycle used cars between themselves because of the difficulty of accessing new ones. Moove , an African mobility company with a fintech play, wants to change that, and is raising $23 million in Series A to scale rapidly across the continent. Moove raised a $5.5

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TechCrunch

FEBRUARY 22, 2023

Planet42 , a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide range of investors. It became carbon-neutral certified in 2021. TLcom and 4DX drive $13.1M

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TechCrunch

SEPTEMBER 29, 2021

There are increasing numbers of FaaS (farming as a service) startups that are looking to help farmers manage crop yields and plug into IoT sensors or data such as weather platforms. Sencrop from France has raised $12 million, Augmenta (Greece) is a yield boosting platform that has raised $11.2

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TechCrunch

MAY 4, 2021

From the McKinsey report in 2018, the total gross written premiums (GWP) in Eastern Africa was $3.3 In comparison, South Africa did $48.3 Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa. There are just a handful of female founders who have raised million-dollar rounds.

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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. Serunjogi founded Chipper Cash with Maijid Moujaled in 2018 to offer a no-fee peer-to-peer cross-border payment service in Africa via its app.

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TechCrunch

DECEMBER 21, 2021

Planet42 , a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $30 million in equity and debt. The company raised $2.4 Planet42 has a cohesive network of automobile industry stakeholders on its platform. In South Africa, 1.1

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TechCrunch

DECEMBER 30, 2021

African startups nearly raised $1.5 As businesses reopened globally and the pandemic drove people to adopt new habits in e-commerce, work, spending money, online delivery, and learning, venture capital into various industries was poised to increase immensely, and Africa would not be exempt. It wasn’t a bad year, though. billion and $2.8

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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

APRIL 6, 2022

Qureos , a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to create 100 million jobs over the next few years. Qureos says it’s creating new learning and work opportunities for millions of youth.

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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. This play is akin to agency banking, a branchless banking system in Nigeria and West Africa where human agents act as ATMs to offer financial services in remote areas. Chari offers an identical offering in Morocco.

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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. Here are the startups in the 8th cohort.

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TechCrunch

APRIL 29, 2021

It also has operations in South Africa, where it was originally founded. It looks like the company had raised about $30 million before this latest round, according to PitchBook data. RapidSOS raises $85M for a big data platform aimed at emergency responders. Valuation is not being disclosed.

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TechCrunch

DECEMBER 1, 2022

Its products are sold through its online platform , on marketplaces, and in the stores of partner brands. “We FirstCheck Africa, Samata Capital, Future Africa, IgniteXL participated in the round, in addition angel investors ex-SokoWatch COO, Kwenhui Tawah, and ex-L’Oreal executive and current WPP Scangroup CEO, Patricia Ithau.

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TechCrunch

APRIL 18, 2022

Zambian card issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. A card issuing platform isn’t in the best position to tackle these issues head-on. Doing so will require creating a different payment application for Africa, and that’s an audacious task of its own.

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TechCrunch

JANUARY 25, 2021

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. South African startup Aerobotics raises $17M to scale its AI-for-agriculture platform. The pair both act as co-CEOs.

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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. The platform is an evolution of customers’ checkout experience.

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TechCrunch

JUNE 30, 2022

Retailers on the Aspira platform, like most African businesses, struggled with cash flow problems and lacked access to affordable credit to grow their businesses. The pre-seed round included several Africa-focused investors: Quona Capital, Breega, CRE Ventures, Ingressive Capital, RaliCap, Unicorn Growth Capital and Sherpa Ventures.

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TechCrunch

FEBRUARY 15, 2022

The startup’s platform lets developers turn their apps into super apps, either by building their own mini-apps or accessing them through Appboxo Showroom, a marketplace for third-party developers. Appboxo, whose clients include GCash, Paytm and VodaPay, announced today that it has raised $7 million in Series A funding led by RTP Global.

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TechCrunch

NOVEMBER 23, 2021

Mobiz , a South African startup integrating hyper-personalization into mobile marketing, has raised a pre-Series A round of $ 4 million from HAVAÍC, Futuregrowth, Launch Africa, Allan Gray E-Squared Ventures, CapaciTech and Endeavor’s Harvest Fund. currently active on the platform. is projected to reach $12.5

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TechCrunch

JANUARY 6, 2022

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 Its platform connects over 6,000 retailers to local and multinational suppliers — such as Namibia Breweries Limited, ABInBev, Bokomo, Coca-Cola, Namibmills — and digitizes orders, payments and logistics. million financing round.

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TechCrunch

DECEMBER 8, 2022

Zeraki , a Kenyan edtech that has built digital learning and school data analytics platforms, has raised $1.8 We have also brought back focus on [the once dormant] digital learning platform, and also tested a number of products like timetabling,” he added. Image Credits: Zeraki.

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TechCrunch

NOVEMBER 15, 2021

based fintech Nomod allows these businesses to bypass the card terminal by providing a platform to accept card payments on their phone with no extra hardware. The company has raised $3.4 Kassim said the company is conducting tests with merchants in Nigeria and South Africa and expects to launch both markets in the near future. .

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TechCrunch

JANUARY 12, 2022

SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion.

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TechCrunch

OCTOBER 11, 2021

Mono , an African startup that helps connect consumers’ bank accounts to financial applications, has raised a $15 million Series A round, the company confirmed to TechCrunch today. Open finance players in Africa like Mono — mirroring Plaid’s success in the U.S. More than half of the population is either unbanked or underbanked.

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Nonprofit Tech for Good

FEBRUARY 8, 2021

This year, we fundraised for Grassroot Soccer —an organization that leverages the power of soccer to educate, inspire, and mobilize at-risk youth in developing countries—and exceeded our $60,000 goal and raised a total of $72,000. If S/HE raises $3,000, S/HE could qualify for a trip to one of their programs in South Africa!

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TechCrunch

JANUARY 17, 2023

The proptech marketing platform is announcing that it has raised $4.5 Flow intends to use the funding to include other social media platforms such as TikTok and LinkedIn and other advertising channels like digital out-of-home billboards. million in pre-Series A funding.

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TechCrunch

SEPTEMBER 21, 2022

Per reports , major regional exchanges in Africa have raised over $80 billion in equity capital markets and $240 billion in debt capital markets. To bolster its efforts, it has also raised $1.6 That was the year MTN Ghana, a local telecom operator, went public in the West African country after raising about $237 million. “I

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TechCrunch

DECEMBER 9, 2021

The investment, which comes 11 months after uLesson raised a $7.5 The startup also launched a one-to-many live class feature with polls and leaderboards and a one-to-one live experience for DevKids, a coding class independent of the core uLesson platform. million questions answered on the platform. 137,000 ($334).

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TechCrunch

DECEMBER 1, 2021

South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to TechCrunch that it has raised €4.5 million) in Series A funding from South African investment company Base Capital. million ($5.07 and Germany, which are prominent hubs for global talent.

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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).

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TechCrunch

JANUARY 17, 2022

Restaurants who use the management platform also have access to a dashboard that allows them to accept and process orders from food delivery services Jumia Food, Glovo, Bolt Food, and in-store, website, social media channels like WhatsApp. said the CTO in a statement. Currently , Orda charges restaurants between $5 (~?2,500)

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TechCrunch

FEBRUARY 24, 2021

Stitch , a South African fintech startup, is one of them and today, it is coming out of stealth and announcing its seed round of $4 million. This makes it the largest round raised by any API fintech startup in Africa at the moment. Africa’s financial infrastructure space is heating up.

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