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One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. In Zimbabwe, for instance, only 30% of the adult population had access to any financial services as of 2014. million in 2016.
The accelerator, which has accepted only a handful of African startups, included one from Zimbabwe in this class. When a job is posted on its platform, the company claims that they save the customer the trouble of perusing thousands of freelancers profiles and portfolios. Roger Roman (co-founder). Image Cedits: AfriBlocks.
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. He added that the startup decided to build its own payment platform informed by the need to make payment and checkout easy for its users in Africa.
Norway’s Pangea Trust, through its equity crowdfunding platform Connect , is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa. Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries.
The company plans to use the new funding to launch a pan-African payment platform next year and grow its VoIP market share. South Africa’s Talk360 raises $4M to build single payment platform for Africa. The app has active users in more than 170 countries, including South Africa, Zimbabwe and Bangladesh. “We
They are an awesome organization that was founded by two professional “futball” players from Zimbabwe. If you haven’t already, we’d love it if you’d join our online community by following us on Facebook, Twitter, Instagram, or YouTube—whichever platforms you prefer. This year, they’ve selected Grassroot Soccer. Sincerely, Thomas S.
Mifos can immediately deploy these new mobile features of its financial inclusion platform, which delivers world-class microcredit services that help open up new opportunities for the poor and their families. billion poor and unbanked.
Its technology serves a similar purpose for online payments platforms as the SWIFT system does for commercial banks, acting as a hub to transfer money online to recipients in different countries, even if they use a different financial institution, digital wallet or mobile money account. We are looking forward to helping them scale up.”.
Just last year a team of data scientists under Zindi used machine learning to improve air quality monitoring in Kampala as another group helped Zimnat, an insurance company in Zimbabwe predict customer behavior — especially on who was likely to leave and the possible interventions that would make them stay.
In its expansion phase, backed by a $3 million pre-seed funding, the startup looks to tap some of the biggest distributors and e-commerce players in Ghana, and later Nigeria, to grow beyond Kenya, Tanzania, Uganda, Zambia and Zimbabwe. Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion.
He started the company in 2009, facilitating peer-to-peer transactions from Kenya to Zambia, Uganda, Zimbabwe and the Ivory Coast, and vice versa. In fact, at the time, more than half of its users in East Africa reported using the platform for business reasons, according to Okoudjou. MFS Africa leads $2.3M
Build a school in Zimbabwe. That brings us to the last piece – What platforms should you use? Even though you’re doing most of the fundraising legwork via “offline” methods and personal outreach, you’ll still need a platform to launch your campaign and accept donations. Help pay for Sally’s cancer treatment.
Two years ago, Bev Clark, the co-founder of Kubatana.net , was awarded a large grant in the Knight News Challenge for Freedom Fone, an open-source software platform for distributing news and information through interactive voice response (IVR) technology. . Melissa Ulbricht, MobileActive.org. It’s very basic. You can nest menus.
The company has two revenue models: First is a SaaS platform that collects, verifies and tracks compliance documents like business licenses and W9 forms for general contractors, developers and property managers. The second model uses the data from the SaaS platform to operate a marketplace that provides insurance solutions.
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