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.

South Africa 86

South Africa Europe Africa Platform 86

TechCrunch

AUGUST 17, 2021

Less than a year after its $3 million seed round, San Francisco- and Africa-based fintech Pngme has snapped up another $15 million for its financial data infrastructure play. The company is also describing itself as a machine learning-as-a-service platform. Right now, Pngme has three core products for clients in these three markets.

Platform 107

Platform Data Africa South Africa 107

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.

South Africa 128

South Africa Africa Uganda Kenya 128

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. Planet42, though based in South Africa, has Estonian roots due to the founders’ heritage: Oja and CFO Marten Orgna founded the company in 2017.

Mexico 100

Mexico South Africa Africa Service 100

TechNode

JANUARY 18, 2024

Temu began selling its budget-friendly products in South Africa on Wednesday, according to the country column shown on the platforms official site, making Africa the sixth continent that the Pinduoduo sibling app now reaches after less than a year and a half in operation. Jiemian, in Chinese ]

South Africa 52

South Africa Africa New Zealand Site 52

TechCrunch

FEBRUARY 13, 2022

Stitch’s provides solutions for e-commerce companies, marketplaces & platforms and its leading clientele, fintechs. Some customers include wallet-based companies such as Chipper Cash and Luno ; embedded finance providers like ImaliPay ; subscription platforms like FlexClub ; and payment aggregators like Yoco. Image Credits: Stitch.

API 93

API South Africa Raise Platform 93

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.

Ghana 93

Ghana Rwanda Kenya South Africa 93

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.

South Africa 116

South Africa Nigeria Kenya Africa 116

TechCrunch

DECEMBER 10, 2021

As the number of those connected to the internet grows, and shoppers increasingly opt to buy goods online, e-commerce platforms are set to experience a spike in the number of orders made and the value of goods bought — as happened recently with Jumia. Nigeria, South Africa and Kenya account for most of the online sales on Jumia.

South Africa 90

South Africa Algeria Africa Platform 90

TechCrunch

DECEMBER 30, 2021

More experienced founders exist and specific markets, particularly in the Big Four (Nigeria, South Africa, Egypt and Kenya), show a mix of matured but still open-for-disruption traits. Others include Ventures Platform , LoftyInc Capital , Voltron Capital and 4DX Ventures , all sub-Saharan-based VC firms with a pan-African strategy.

South Africa 139

South Africa Tech Africa Egypt 139

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.

South Africa 90

South Africa Marketing Personal Africa 90

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.

Social Media 100

Social Media South Africa Fund Media 100

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.

Africa 118

Africa Management Platform South Africa 118

TechCrunch

MARCH 28, 2023

Fez Delivery , a Lagos-based last-mile logistics startup with hubs across Nigeria, has raised $1 million led by pan-African investor Ventures Platform with participation from Voltron Capital, Acasia Ventures and other angel investors. We have the technology and still own 30% of the assets on our platform.

Platform 98

Platform Nigeria Fund Africa 98

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. for every successful transaction made via Ozow.

South Africa 107

South Africa Raise Africa Namibia 107

TechCrunch

JANUARY 6, 2022

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. One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity.

Namibia 141

Namibia Africa South Africa Cameroon 141

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.

Global 89

Global Namibia Morocco Platform 89

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.

Platform 88

Platform Learning Africa Raise 88

TechCrunch

JUNE 10, 2021

There is a real opportunity for digital healthcare platforms to scale access to team-based care across the region. The pandemic has seen such platforms scale globally, and Africa is not exempt. Healthforce is a South Africa-based health tech company that tries to improve healthcare through multidisciplinary clinical teams.

South Africa 78

South Africa Product Africa Sweden 78

TechCrunch

NOVEMBER 25, 2021

Sabi is an attempt at platforming the informal sector and African trade via various online and offline channels. But it provides visibility into these assets across the entire value chain from the demand and supply side and controls on a single platform. Nigeria’s Rensource raises $20M to power African markets by solar.

Nigeria 84

Nigeria Platform South Africa Offline 84

TechCrunch

MAY 26, 2021

Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. In 2018, Opera, popularly known for its internet search engine and browser, launched the OPay mobile money platform in Lagos. Opera’s Africa fintech startup OPay gains $120M from Chinese investors.

Nigeria 135

Nigeria Africa Raise Report 135

TechCrunch

JANUARY 17, 2022

The company aims to serve as the “financial operating system” for Africa’s small and medium businesses. Other features on the platform include invoice advance, opening a business account, payment links, managing budgets and spend cards. The company has also introduced some more features recently: revenue advances and instant payouts.

Africa 145

Africa South Africa Raise Nigeria 145

TechCrunch

FEBRUARY 15, 2023

According to a statement, the funding presents Naked with an opportunity to improve its AI and use it to grow Africa’s insurance market which is worth over $68 billion in annual gross written premiums. South Africa makes up 70% of this market, with an annual gross written premiums market of over $47 billion.

South Africa 90

South Africa Africa Kenya Model 90

TechCrunch

FEBRUARY 15, 2022

The e-commerce platform is now set to introduce a range of products and options including buy-now-pay-later (BNPL) financing and a new online payment option. Contact is said to be among the first financial services platforms to introduce advanced credit scoring and collection mechanisms in Egypt. “We

Contact 89

Contact Egypt Platform Nigeria 89

TechCrunch

FEBRUARY 24, 2021

Founded by Kiaan Pillay , Natalie Cuthbert , and Priyen Pillay , Stitch wants to provide full API access to financial accounts across Africa starting from its first market, South Africa. In 2017, Kiaan Pillay worked as the head of operations for South African insurance API platform Root.

Africa 117

Africa API South Africa Kenya 117

TechCrunch

APRIL 29, 2021

It also has operations in South Africa, where it was originally founded. RapidSOS raises $85M for a big data platform aimed at emergency responders. “As we see it, the platform will evolve with customers’ needs. That works out to about 10% of all 911 centers in the U.S.

Platform 93

Platform Raise South Africa Analytics 93

TechCrunch

MAY 4, 2022

We aggregate that knowledge and provide one platform that ensures you don’t have to worry too much about trust,” the CEO added. According to Norebase, companies that use its platform can be incorporated in any African country within “a few minutes” and expand to new locations in a week.

Africa 139

Africa Burkina Faso Nigeria Companies 139

TechCrunch

MARCH 10, 2022

By making insurance products readily available to users of popular digital technologies, Curacel Grow is envisioned to bolster the access and uptake of insurance in Africa, where penetration stands at less than 3% — and 1.2% without the outsized market of South Africa. The opportunity is massive.

API 93

API Africa Platform Business 93

TechCrunch

AUGUST 4, 2021

South African insurtech platform Naked has raised $11 million in a Naspers-led round. This comes barely two weeks after Naspers, via its early-stage tech investment vehicle Naspers Foundry, invested in another South African insurtech platform, Ctrl, in its $2.3 million Series B round. This is where Naked comes in.

South Africa 105

South Africa Africa Platform Tech 105

TechCrunch

OCTOBER 3, 2022

Talk360’s latest investors include Allan Gray E2 Ventures (AGEV), Kalon Venture Partners, E4E Africa, Endeavor, existing lead investor HAVAÍC and a number of angel investors, including Tjaart van der Walt and Coenraad Jonker. South Africa’s Talk360 raises $4M to build single payment platform for Africa.

South Africa 90

South Africa Africa Fund Zimbabwe 90

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.

Global 141

Global Africa South Africa Nigeria 141

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.

South Africa 94

South Africa Africa Problem Data 94

TechCrunch

AUGUST 10, 2022

The company currently ingests about 100 million unique data points daily on its platform. The 50-person team serves clients mainly from the automotive, semiconductor, rubber and foundry industries, deploying its solution to manufacturing plants based in Japan, China, India, Europe, South Africa, the U.S and South America.

South Africa 67

South Africa Platform Service Africa 67

TechCrunch

JANUARY 28, 2022

“We are having to find ways to really attract as many drivers as we can… like make their earnings potential as good as possible so that we can bring people (drivers) onto our platform…to solve this issue around access to cars.”. Paddy Partridge, Africa regional director, Bolt Ride Hailing. Image Credits: Bolt.

Africa 89

Africa South Africa Nigeria Service 89

TechCrunch

DECEMBER 16, 2021

Fintech startups and those from Nigeria, Kenya, Egypt and South Africa get looked at the most by venture capitalists. Last year, fintech startups accounted for 25% of the VC funding which flowed into Africa, while startups from the Big Four received more than half of the continent’s total funding.

Africa 145

Africa Fund Uganda Nigeria 145

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

Cameroon 104

Cameroon South Africa Africa Nigeria 104

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.

Ghana 145

Ghana Kenya Raise Build 145