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HAVAÍC leads a R12 million investment in South African startup RNR
South African-born RNR provides truck fleet managers and truck OEMs (Original Equipment Manufacturers) with on-demand breakdown support.
The bitcoin renaissance: Reviving the digital currency world
The enigmatic creator, Satoshi Nakamoto, introduced the concept of a decentralized, peer-to-peer currency in a groundbreaking whitepaper.
Mudrex launches Saber.Money to offer onramp and offramp services in India
Mudrex announced the launch of Saber.Money to offer services to B2B clients.
South African logistics startup Tripplo raises $1.8m funding to scale its operations
Tripplo has closed its seed funding extension round with $1.8m equity investment.
Harpie launches Wallet Monitoring tool for crypto investors
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.
South African payments startup Revio raises $5.2 seed round to grow coverage across Africa
Revio has announced a seed investment round of $5.2m.
Irish Tech Challenge 2023 for tech startups launches in South Africa
The Embassy of Ireland in South Africa has opened applications for the Irish Tech Challenge 2023.
[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Cloud computing has undergone evolution.
On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Picup has launched its Driver Training Centres in Cape Town.
Safeguarding your investments: Understanding Escroco Emerald (ESCE) and Its features
Investing in the right opportunities is crucial for safeguarding your financial future. In today's digital era, cryptocurrencies have gained significant attention as an alternative investment option.
[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Technology enabled businesses and the solutions they develop represent growth.
World Bank awards 10 Southern African fintech startups with $5k each
10 Southern African fintech startups have each received $5,000 from the World Bank.
Generative AI for crypto startup SuperSight raises $1m pre-seed to build crypto-specific LLMs
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.
The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Financial inclusion is a key aspect of economic growth and development.
Decentralized identity startup Intuition raises $4m funding round
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.
Web3 and the rise of the digital asset investor, Plug and Play
Web3 is a more decentralized system for sharing data and managing digital assets.
How payment technology is changing the rulebook on South African retail
The past few years have seen the proliferation of new methods of transacting.
CoinsPaid sees potential in Estonian market, ready to drive innovation in startup ecosystem
CoinsPaid continues to develop and places emphasis on the potential of Estonia.
Absa acquires minority stake in South African agritech startup Khula!
Absa Bank has acquired a minority stake in South African agritech startup, Khula!
South African healthtech startup Quro Medical raises $1.3m funding from Mineworkers
Quro Medical, the South African e-health startup has received a $1.3 million investment from leading investment firm the Mineworkers Investment Company (MIC).
South African healthtech startup Guidepost unveils chatbot for diabetic patients
South African healthtech startup Guidepost has unveiled an AI-powered chatbot to help citizens living with diabetes better manage their condition.
Africa’s mezzanine debt fund manager Vantage Capital exits Dynamic Bedding
Vantage Capital, Africa’s mezzanine debt fund manager, announced it has fully exited its investment in Dynamic Bedding, a South African specialist bed manufacturer and retailer.
The evolution of cryptocurrencies - a look at how blockchain technology is going mainstream
Cryptocurrencies have been around for over a decade now and have come a long way since their inception.
Gate Pay partners with CityPay.io startup to advance crypto payment adoption in Georgia and Europe
Gate Pay, the crypto payment service product by the global leading CEX Gate.io, announced a strategic partnership with CityPay.io, a fast-growing crypto payment startup based in Georgia.
Indian Web3 startup NoCap Meta raises $243K to accelerate growth in metaverse, digital tech
NoCap Meta, a Mumbai-based Web3 startup that provides a wide range of services including blockchain based systems, metaverse development, and asset backed tokens, has raised approximately $243K to enhance its growth.
[Interview] Patrick Mehrhoff, CEO and Founder, Mehrhoff Digital, Estonia
Patrick Mehrhoff is the Founder and CEO of Mehrhoff Digital, a Tallinn-based marketing consultancy for financial services.
EMURGO Africa and Kepple Africa ventures establish joint venture to further web3 strategic partnership
EMURGO Africa and Kepple Africa Ventures have announced the establishment of a business joint venture EMURGO Kepple Ventures to further accelerate its strategic partnership investing in African Web3 businesses.
How DeFi is disrupting traditional banking and financial services
The traditional banking and financial services industry has long been the cornerstone of the global economy. It has provided access to capital, enabled trade, and facilitated financial transactions for centuries.
Web3 startup nealthy raises $1.3m in pre-seed to simplify NFT and crypto investing
nealthy, a Web3 startup for investing in NFTs and cryptocurrency, announced it raised $1.3 million in pre-seed funding round backed by experienced Web3 investors, including renowned crypto celebrity ‘DonGeraldo.’
[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
As CIOs turn to the cloud to help streamline performance across key areas of operations, knowing exactly how to conquer the biggest cloud adoption challenges is more important than ever before.
Can you use non-fungible tokens in the oil market?
There has been a lot of popularity around the investment opportunities you can find in the market.
South African healthtech startup Envisionit raises $1.65m to expand access to medical imaging
Envisionit Deep AI, a South African healthtech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65 million to expand access to medical imaging.
[Column] Chester Wisniewski: Artificial Intelligence now a match for natural ignorance
End-user security training has traditionally been an important aspect of cybersecurity efforts, as it aims to educate and empower employees to identify and prevent potential threats.
[Column] Didi Onwu: Understanding youth entrepreneurship in Kenya - why fintech is an attractive sector
Boasting one of the fastest-growing economies in Africa, Kenya is on the rise to become a powerhouse of innovation on the continent. This is largely in part due to the country’s thriving culture of entrepreneurship and its significant startup ecosystem.
South African car subscription startup Planet42 raises $100m to break car accessibility barriers
South African car subscription startup Planet42 has raised $100 million in combined equity and debt funding.
Decentralized finance companies are shifting from centralization, Plug and Play
Decentralized finance, commonly referred to as DeFi, is an emerging technology aimed at building a new financial system that is open to everyone and does not depend on traditional financial intermediaries, such as banks, lenders, etc.
[Column] Anna Collard: ChatGPT: What cybersecurity dangers lurk behind this impressive new technology?
It is now possible to use a publicly available artificial chatbot to generate a complete infection chain, possibly beginning with a spear phishing email written in entirely convincing, human-like language.
IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.
Swiss startup Taurus raises $65m to further develop its digital asset platform, fuel international expansion
Taurus, the digital asset infrastructure provider for financial institutions in Europe, announced a $65 million Series B capital raise from strategic investors.
Binance: a leader in blockchain for social good
Binance, one of the world’s largest cryptocurrency exchanges, has established itself not only as a leader in the finance industry but also as a force for social good through its charity initiatives.
Is ethereum better than bitcoin?
People find it very complicated to deal with the cryptocurrency market, but nowadays, it is getting even more sophisticated than earlier.
South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.
South African digital lender Lulalend raises $35m Series B funding to accelerate growth
Lulalend, a South African digital lender offering funding options for businesses. has raised $35 million in Series B funding to accelerate the growth of its loan book and bring new solutions to the market.
[Column] Xiao Feng: The 10 principles of Web3
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.
Squid raises $3.5m to build next-generation cross-chain swaps
Squid, a Zug, Switzerland-based provider of a routing protocol that enables users and developers to easily access cross-chain liquidity, raised a $3.5m seed round led by North Island Ventures.
Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.
Web3 payments startup SphereOne raises $2.5m to build crypto for grandmas
SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, announced the closing of a $2.5 million seed round.
The payment of goods and services will be in charge of cryptocurrencies
With the evolution of society, the use of money as a means of exchange in any financial transaction has become increasingly essential; it represents the value that a product, exemplary, or service can have worldwide.
Top 5 cryptocurrencies that increased and decreased their price due to the merge
The definitive elimination of Ethereum mining generated the greatest expectation regarding the migration of miners to the ETH network, to the point that the cryptocurrency market was expected to have an upward behavior that would undoubtedly benefit all investors.
OKX Ventures, GSRV co-lead $2m seed round for decentralized identity platform Nametag
Nametag, creators of the new standard for end-user identity verification with web3, announced a $2 million seed round co-led by GSRV and OKX Ventures.
Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.
How do decentralized systems and crypto work together?
Decentralization is an essential feature of cryptocurrency. The transfer of money, investment, or trading is not in the control of the local governments.
South African early-stage VC firm 4Di Capital announces close of $25m seed fund
South African early-stage technology venture capital fund manager 4Di Capital has announced the close of $25 million seed fund.
Global innovation platform Plug and Play to launch crypto and digital assets innovation platform
Global innovation platform Plug and Play, together with founding partners Visa, AllianceBlock, The INX Digital Company, IGT, and Franklin Templeton, has announced the launch of their new Crypto and Digital Assets program.
What makes less investment assets score more?
Virtual currencies have the most significant advantage in that virtual currency is decentralized, meaning there is no central authority over them.
Reasons that might neglect the crypto growth
Virtual currencies have a lesser return than traditional financial assets such as stocks and bonds.
Doge Solar keeps fighting its way to the top
Doge Solar is the newest cryptocurrency that has come up in the digital mainstream and has already marked its presence in the market.
Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.
Fintech emerging as Africa’s most vibrant sector, study
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.
South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.
Stone Ridge launches Wolf, a NYC startup accelerator dedicated to Lightning Network
Stone Ridge, a parent to bitcoin company NYDIG, announced the launch of In Wolf's Clothing (Wolf), the first-ever startup accelerator dedicated to Lightning, a "layer 2" protocol built on top of Bitcoin.
Cryptocurrency startup Zerion closes $12m Series B funding to build the best wallet for Web3 citizens
Zerion, the wallet for the most active web3 users, announced the closing of a $12.3 million Series B funding round led by Wintermute Ventures.
South African Biometrics tech firm iiDENTIFii raises $15 million growth capital
iiDENTIFii’s face authentication technology securely authenticates users via their cellphones or PCs within seconds.
South Africa's home services startup SweepSouth closes $11m investment round led by Alitheia IDF
SweepSouth, an online home services platform with a presence across Africa has completed a $11 million investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.
Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.
Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.
Fireblocks surpasses $100m ARR milestone, cements its status as SaaS centaur
Fireblocks, an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced that its 2022 Annual Recurring Revenue (ARR) has surpassed $100 million.
Swiss crypto startup 21.co raises $25m, becomes Switzerland's largest crypto Unicorn
21.co, the world's player in providing access to crypto through simple and easy to use products, announced a $25 million round led by Marshall Wace.
South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.
Boston-based crypto fund startup Triblock emerges out of stealth
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.
Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.
Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.
South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.
Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
Crypto is one of the biggest aspects of modern finance and technology. For businesses, this revenue stream could provide major boosts to sales numbers, with crypto payments giving customers more freedom while also bringing benefits.
Celo announces new Web3 fund for African startups adopting crypto strategies
Mobile-first blockchain ecosystem Celo has launched a new programme to support African startups across payments, remittances, virtual assets, savings, and related financial services.
10,000 African startups to be equipped with skills to build blockchain technologies businesses
Three firms have joined hands to empower 10, 000 startups across Africa to build innovative technologies and businesses around blockchain technologies.
Blockchain security startup BlockSec closes $8m funding round to accelerate growth
Blockchain security startup BlockSec announced the completion of $8 million seed plus round of funding, to expand its research and production team and provide the on-chain monitoring and attack interception capability.
South Africa's Private equity fund PAPE acquires interest in fintech provider Entersekt
Entersekt, a global player in device identity and payment authentication, announced a new investment from PAPE Fund 3 (PAPE), a mid-market South African private equity fund.
[Interview] Michelle Matthews, Director, Viridian, South Africa
Following the rising levels of unemployment among young South Africans, the UK-South Africa Tech Hub Launch League initiative undertook a research project.
Singapore crypto payments startup Request Finance raises $5.5m seed round to accelerate growth
Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe's leading early-stage venture capital investor Balderton Capital, and XAnge.
Binance Labs closes $500m investment fund to boost blockchain, Web3 and value-building technologies
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of $500 million investment fund to invest in projects that can extend the use cases of cryptocurrencies.
South African edtech startup FoondaMate secures $2m seed funding to accelerate growth
FoondaMate, a South African edtech startup, has secured $2 million in seed funding to increase usage of its Whatsapp and Facebook-based learning chatbot throughout the globe.
South African on-demand startup ParkUpp secures community basements for car collectors
ParkUpp, a South African marketplace startup that connects owners of parking spaces with companies and individuals who need parking has secured 'collector community basements' in convenient locations across the country.
Cryptocurrency startup ZenLedger raises $15m Series B funding to expand crypto tax solutions
ZenLedger, a global player in cryptocurrency data analysis, accounting, and tax, announced the close of its $15 million Series B funding.
Crypto Valley Venture Capital firm launches early-stage fund targeting African blockchain startups
Crypto Valley Venture Capital (CV VC), announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups from across Africa.
Fintech startup MooveBeta merges with ImpalaPay to provide a connected economy for Africa
Adanian Labs Africa incubated fintech startup MooveBeta has announced its merger with ImpalaPay, a fintech blockchain company with operations across 42 African countries and 134 worldwide.
Dragonfly Capital closes oversubscribed $650m crypto venture Fund III
Dragonfly Capital, a global crypto-focused investment firm, announced the final closing of its third venture fund, Dragonfly Ventures III, L.P. (Fund III).
South African gold startup Nebü Gold develops a gold bullion investment you can wear
South African gold startup Nebü Gold, is the first African jeweller to give bullion investors the option of wearing elegant 24-karat investment-grade jewellery.
London-based Bundlr Network raises $5.2m seed round to build an easier, faster way to store data on web3
Bundlr Network, a decentralized platform that makes it fast and easy to store data on web3, has raised a $5.2 million seed round co-led by Framework Ventures.
Danish startup Januar raises €6m to provide crypto gate for Europe
Danish startup Januar ApS, announced the closing of €6 million round to become the leading one-stop crypto gate for European businesses, serving the growing crypto and digital asset industry with a market cap of $2 trillion.
South African fintech firm Hello Pay launches new mPOS device for SMEs
South African fintech firm Hello Pay has launched a new high-end Android Mobile point-of-sale solutions (mPOS) for local merchants and SMEs.
Austin entrepreneurs launch new crypto cybersecurity startup, CryptoArmor
Austin-based entrepreneurs Grant Mitterlehner and Brendon Kelley are together forming a new startup, CryptoArmor, to build security tailored for crypto, NFT, and metaverse companies.
French AI startup Kryptview raises $650k in pre-seed to develop community-driven crypto research platform
Kryptview, a collective intelligence platform that provides peer-reviewed research for digital assets, announced the closure of its pre-seed round, raising $650,000 from crypto technology companies.
Huobi Incubator partners with Celo to promote Stablecoins for the masses
Huobi Incubator, the project incubation arm of Huobi Global, announced it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo.
Blockchain data startup Transpose raises $3m seed round to revolutionize web3 data infrastructure
Blockchain data startup Transpose, whose ground-breaking suite of data APIs vastly simplifies bulk web3 data access, announced an oversubscribed $3 million seed round.
Bridgestone Mobility Solutions joins Startup Autobahn as ‘anchor partner’
Bridgestone Mobility Solutions, Bridgestone EMIA’s business unit focused on developing and launching data-driven fleet, tyre and mobility solutions, has become an “anchor partner” of Startup Autobahn, a mobility-focused innovation network.
South African tech startup SmartWage raises $2m to bridge gap between enterprises and frontline employees
SmartWage, an innovative HR and communications technology startup, raised $2 million oversubscribed seed funding round to support its vision of transforming Africa’s workforce.
TR Tech, LocoNav unveil GPS, IoT and vehicle telematics solutions in South Africa
Integrated tech-services provider TR Tech and disruptive full-stack fleet-tech startup LocoNav have collaborated in South Africa to provide state-of-the-art GPS, IoT, and Vehicle Telematics solutions.
Crypto exchange platform Luno launches investment arm to support fintech and crypto startups
Cryptocurrency exchange platform Luno, a subsidiary of Digital Currency Group (DCG), has launched Luno Expeditions, an early-stage investment arm to support fintech and crypto/web3 startups from around the world.
African crypto startup Basqet launches payment gateway to enable businesses accept Bitcoin
African blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment.
Japanese SocialGood App raises $14.2m for patented crypto back platform
Japanese SocialGood App, which gives users cryptocurrency rewards for shopping, has raised $14.2 million in Series A funding from a venture capital firm.
South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
Two South African fintechs, alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution for small and mid-sized retail sector.
South African cryptocurrency exchange VALR raises $50m Series B funding to expand across the continent
VALR.com, a South Africa cryptocurrency exchange, announced it has raised $50 million, Africa’s largest ever crypto funding round, bringing the company`s valuation at $240 million.
London-based BSV blockchain startup accelerator Satoshi Block Dojo secures investment from Ayre Ventures
Satoshi Block Dojo, the London-based technology startup incubator that assists entrepreneurs building businesses on the BSV blockchain, has secured significant investment funding from Ayre Ventures
FunFair Technologies launches new blockchain venture capital business
FunFair Technologies announced the launch of a new blockchain venture capital business, FunFair Ventures, with the aim to plug a gap in the funding process for early-stage blockchain projects.
Huobi Incubator announces second batch of partners for Web3 Scholarship
Huobi Incubator, the project incubation arm of Huobi Group, announced the second batch of partners for Web3 Scholarship, a funding platform for developers, builders, and projects in the Web3 field.
South African fintech Troygold digitises R300b in Krugerrands allowing owners to use value for day-to-day transactions
South Africans have an estimated R300 billion in Krugerrands hidden in drawers and safes, unaware that they could be using the value of their gold to fund day-to-day financial transactions.
Crypto investment firm Hartmann Capital launches $30m Metaverse Fund
Hartmann Capital, a four-year veteran in crypto asset management, announced the launch of its second fund specialized in exclusively investing into the Metaverse.
South African fintech startup Stitch raises $21m Series A funding to scale its operations
South African API fintech startup Stitch has raised a $21 million Series A funding round to scale its operations.
South African fintech Ukheshe achieves Level One B-BBEE rating
South African fintech, Ukheshe Technologies, has significantly improved its B-BBEE performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.
Docklands Ventures acquires South African proptech startup ParkUpp
Real estate investment company Docklands Ventures has acquired South African proptech startup ParkUpp for an undisclosed amount.
South African fintech startup CompariSure raises $980,000 pre-Series A funding to accelerate growth
South African fintech startup CompariSure, raised R15 million ($980,000) from Cape Town based HAVAÍC and 4Di in a pre-Series A funding round.
South African delivery startup Orderin raises $4.7m pre-Series B funding for expansion
South African B2B delivery-as-a-service (DaaS) startup Orderin has raised $4.7 million pre-Series B funding to scale its infrastructure and improve its last-mile delivery service.
SOMA.finance closes $6.5m seed funding round to accelerate growth
SOMA.finance, a Hong Kong and New York-based decentralized marketplace for digital assets, announced the completion of a $6.5 million seed funding round.
[Kenya] Sankore announces pitch competition targeting blockchain startups
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.
DeFi startup Giddy raises $8m seed round to accelerate growth
Giddy, a mobile app that enables mainstream DeFi adoption, has raised $8m in seed funding. The round was led by Pelion Venture partners.
Decentralized Mateverse social startup BOOM establishes $1 million fund to support creators
BOOM, a decentralized crypto native community platform focused on NFT+Social recently announced the launch of IOS and Android App.
Crypto investment startup Stacked raises $35m to build out regulated products for retail crypto investors
Stacked, a crypto-investing software that allows users to manage assets and invest in pre-built portfolios and strategies, announced it has raised $35 million Series A funding round led by Alameda Research.
Adanian Labs opens January 2022 cohort applications for its Venture Building Program
Adanian Labs has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa.
Binance Labs leads $1.5m seed round for BBS Network
Binance Labs, the venture capital and incubation arm of Binance, led the $1.5 million seed round for Bulletin Board System (BBS) Network, a decentralized Web3.0 public network of user-run online message boards.
Blockchain intelligence company TRM Labs announces $60 million financing to bolster cryptocurrency offering
TRM developed the first blockchain intelligence platform that combines cross-chain data with threat intelligence, advanced analytics, and intuitive visualizations to help organizations detect crypto fraud and financial crime.
Tōquidity secures seed round investment from Global Blockchain Ventures Fund
Tōquidity, a Tokenization as a Service company that unlocks liquidity for business and asset owners through digitization, announced Global Blockchain Ventures Fund, LP (GBV) has filled Tōquidity's seed round of funding.
Axelar secures investment from Crypto.com Capital to bolster its efforts to connect blockchain ecosystems
Axelar, the universal interoperability network connecting all blockchain ecosystems, applications, assets, and users, announced it has secured a strategic investment from Crypto.com Capital, the investment arm of cryptocurrency giant Crypto.com.
Lithuanian peer-to-peer crypto-asset swapping startup 123swap closes $210k seed round
Lithuanian peer-to-peer crypto assets swap platform123swap Finance announced it closed $210k seed round funding from a number of angel investors, including Becker Venture Capital and Steven Becker.
Africa-based cryptocurrency exchange Busha raises $4.2m seed round to deepen its market positioning
Africa-based cryptocurrency exchange Busha, raised $4.2 million seed round led by Jump Capital. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated in the financing round.
South African fintech firm Ozow raises $48m Series B round to accelerate growth
South African fintech firm Ozow raised $48 million Series B funding round led by Chinese internet giant Tencent. Other investors Endeavor Catalyst and Endeavor Harvest Fund participating also participated in the round.
Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.
South Africa's emergency marketplace startup AURA secures R62m Series A funding for global expansion
AURA, the African-based security and medical response marketplace secured R62 million in a Series A funding round, led by MultiChoice Group (MCG), KLT Holdings and Buffet Investments, positioning AURA favourably for its global expansion plans.
South African fleet-tech startup KeyTec and LocoNav enter Africa's video telematics market
South Africa fleet-tech startup KeyTec has partnered with LocoNav to capture the emerging and high-growth video telematics market throughout Africa.
South African fintech startupJumo raises $120 million to expand into new African markets
The latest funding round brings JUMO’s total funding raised to date to c$200 million. Prior investment rounds have included Leapfrog, Goldman Sachs, Finnfund, Proparco, Vostok Emerging Finance and Brook Asset Management.
South Africa based fintech startup SOLMate launches prepaid debit cards for consumers
In its ongoing effort to offer clients a fully-fledged financial ecosystem in their pockets, SOLMate has further enhanced its solutions with the launch of this new generation debit card.
South African e-Health startup RecoMed concludes $1.5m funding round to scale its online healthcare marketplace
RecoMed, the online healthcare marketplace and booking platform in sub-Saharan Africa concluded a highly successful funding round of $1.5 million with a strong and diversified group of leading local and international investors.
JAY-Z's VC firm Marcy Venture Partners invests in Iddris Sandu's impact-driven tech incubator, spatial LABS
JAY-Z's venture capital firm Marcy Venture Partners (MVP) has invested in 24 year-old technologist Iddris Sandu's impact-driven tech incubator: spatial LABS (sLABS).
South African fintech firm Ukheshe partners with Chipper Cash startup to accelerate rollout out of digital payment offerings
South African fintech firm Ukheshe Technologies has partnered with Chipper Cash to enhance and accelerate the rollout out of Chipper’s digital payment offerings.
Africa's crypto exchange Yellow Card raises $15m Series A funding to fuel expansion across the continent
Pan-African cryptocurrency exchange, Yellow Card, announced a $15 million Series A, the largest ever by an African cryptocurrency exchange, to ramp up hiring and continue its expansion across the continent.
EMURGO launches $100m Cardano ecosystem investment vehicle for early and growth stage startups
EMURGO, the official commercial arm of the Cardano blockchain, announced the launch of a new Cardano ecosystem investment vehicle to invest into early startup and growth stage companies focused on building socially impactful solutions powered by Cardano.
Madagascar Time startup launches charity cryptocurrency $TIME to fight climate change
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.
Oddup raises $12.8m Series C funding to increase access to pre-eminent global startup ecosystem insights
Oddup, an international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a $12.8 million Series C funding round.
South African fintech startup SOL announces rebrand with new virtual card offering
South African fintech startup SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled a new product offering together with an extensive rebrand and renewed corporate vision.
South African fintech firm Ukheshe partners with dzcard to expand digital payment solutions in Asia Pacific
South Africa“s fintech startup Ukheshe which has been on a rapid expansion to different markets has announced a new partnership with global next-generation card solutions and digital security company, dzcard.
[Startup Interview] Dylan Pfeil, Co-Founder, Business Solutions Centre, South Africa
Business Solutions Centre is a South African-based telecommunication startup that has embraced a business model of providing a one-stop shop for all digital needs of clients.
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.
South African payments startup Yoco raises $83m Series C funding to accelerate growth
South African payments startup Yoco has raised a Series C funding round of $83 million (R1.23 billion) to accelerate product development and reach more merchants in South Africa and beyond.
[Startup Interview] Dimitri Kalamoudacos,Co-founder, Entrepreneur Suite, South Africa
Entrepreneur Suite is a South African startup targeting micro retailers with an application that records valuable sales information that is then served back to the business owner as demand forecasting suggestions which are designed to provide profiting opportunities.
South African startup Omnisient raises $1.4m for global expansion
Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling $1.4 million. The investments will be used to expand the Omnisient team, accelerate product development and drive international expansion.
Seven South African legal startups to pitch for €10,000 grant
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.
South African fintech startup Ukheshe Technologies announces boostXB joint venture with ForexPeople
South African fintech startup, Ukheshe Technologies has partnered with ForexPeople, one of the country’s names in forex with over 20 years of experience, to seamlessly facilitate cross-border payments from South Africa into Africa.
South African delivery startup Picup introduces premium driver network for businesses
South Africa's crowdsource delivery tech startup Picup has introduced a premium service aimed at businesses that require drivers to represent their brand.
Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.
Arrington Capital launches $100m fund to invest in Algorand-based initiatives
Arrington Capital, a digital asset management firm in blockchain-based capital markets announced it has launched a new $100 million fund to support initiatives building on Algorand, a blockchain accelerating the convergence of decentralized and traditional finance.
Huobi launches incubator program to provide assets, resources and guidance for startups
Huobi Group, a world cryptocurrency and blockchain company, announced the initiation of its incubator program, Huobi X Center, who's goal is to empower startups by providing customers a range of resources.
Blockchain startup Candela Coin develops solar powered eco-friendly cryptocurrency mining protocol
Candela Coin, a cryptocurrency that allows holders to take part in the first ever decentralized blockchain based peer-to-peer transactive solar energy system, has developed a solar powered eco-friendly cryptocurrency mining protocol.
South African biotech startup LifeQ secures $47m in Series A funding
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.
AlphaCode announces four startups taking part in the second phase of its incubate programme in South Africa
AlphaCode has announced the four fintech startups that will be part of the second phase of the AlphaCode Incubate programme.
South African fintech startup Ukheshe expands into Asia-Pacific region
South African fintech startup Ukheshe Technologies announced it will be expanding its footprint into the Asia-Pacific region as it introduces innovative digital-first payment solutions.
DBSA launches second edition of the Youth Challenge in South Africa
The Development Bank of Southern Africa (DBSA), launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges.
Grindstone accelerator programme opens applications for South African startups
Applications for this year’s Grindstone’s accelerator programme are now open. Grindstone is an equity-free structured entrepreneurship development programme that assists high-growth innovation-driven SMEs in South Africa.
South African digital health startup Quro Medical secures $1.1m seed funding to accelerate growth
Quro Medical, a South African digital health startup, emerged from stealth mode to announce the closure of its seed funding round to accelerate growth for Africa’s first technology-driven Hospital at Home offering.
Enygma Ventures targets Southern Africa women entrepreneurs with funding opportunities
Enygma Ventures, is looking for passionate women entrepreneurs to invest in. The venture capital fund was established by two successful women entrepreneurs who now invest in women entrepreneurs in Southern Africa.
HAVAÍC predicts bumper year for African tech startups
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC and its portfolio companies.
African startup StarNews Mobile launches incubator for South African youths interested in digital film
StarNews Mobile launched its grassroots Youth Initiative incubator in partnership with Solutions on Point to empower young individuals interested in the digital film industry in South Africa.
South African VC firm Knife Capital launches 2nd 12J Venture Capital Fund
South Africa’s VC firm Knife Capital announced the launch of its second Section 12J Venture Capital Fund to allow new investors to participate.
TransUnion partners with South Africa's fintech startup Fincheck to improve access to finance for consumers
Global information and insights company, TransUnion, has partnered with South Africa’s financial marketplace, Fincheck, to make credit application process easier and less frustrating for consumers.
The African youth powering a gaming revolution
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.
[Startup Interview] Tony Botha, Managing Director, carbonTRACK Africa, South Africa
carbonTRACK Africa is a South Africa technology startup that seeks to create a world where energy is consumed sustainably, shared fairly and empowers all people. The ultimate goal is establishing an energy ecosystem that will close the gap between energy supply and demand.
[Startup Interview] Deon de Swardt, Co-Founder, Africa People Advisory Group, South Africa
Africa People Advisory Group is a South Africa Human Resource Advisory firm whose primary focus is to deliver consulting and product solutions to organizations operating in and across the African continent. The firm’s Co-founder Deon de Swardt explains the company’s business model and plans.
54gene, Kobo360, myFanPark, Sokowatch among 12 startups to win AppsAfrica Awards 2020
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.
South Africa agritech startup Aerobotics raises funds for global expansion
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.
Industrial AI solutions startup MakinaRocks joins NVIDIA Inception
MakinaRocks, a startup based in Seoul and Silicon Valley, specializes in the emerging field of industrial AI software with a primary focus on anomaly detection and intelligent control technology.
South African tech startup LetMeIn.to raises R2.2m to scale its visitor and access management platform
South African tech startup LetMeIn.to raised R2.2 million in funding from an undisclosed impact investor to scale up and expand its visitor and access management platform.
South African startup myFanPark merges with Starsona to create a global celebrity engagement platform
South African startup myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform Starsona.
South African fintech startup Ukheshe to acquire Oltio, strengthens partnership with Mastercard
South African fintech startup Ukheshe announced it has entered into an agreement to acquire Oltio, a mobile technology company that developed Mastercard’s QR payment service Masterpass in South Africa.
South Africa's MetroFibre Networx completes new capital raise from AIIM and STOA
African Infrastructure Investment Managers (AIIM), Africa’s infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator.
AI Media Group launches Africa’s first AI-focused free investment matchmaking service for African startups
The AI Media Group has launched The Deal Room, Africa’s first artificial intelligence (AI) focused, free investment matchmaking service which aims to connect African AI focused startups to interested investors and venture capitalists (VCs).
Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.
African startups more investible now than ever
Africa’s startups have never been more investible than now. There is a growing number of professional ‘super angels’ involved in record-breaking deals, and private equity investments have doubled since last year.
Paxful partners with African fintech startup Uhuru Wallet to ease money transfers
Crypto marketplace Paxful announced it is adding Uhuru Wallet as a payment method to its platform, to help provide easy access to the crypto economy for users in Southern Africa.
kathy ireland Worldwide expands health advocacy through partnership with tech startup mymedicalimages.com
Medical imaging technology startup mymedicalimages.com has partnered with kathy ireland Worldwide (kiWW) for a new, cutting-edge patient-centric medical image sharing platform.
Sabio Group acquires Anana to extend customer experience capability
Sabio Group has acquired customer experience solutions specialist Anana. The acquisition supports Sabio’s goal to become the leading player across the European customer experience market.
German tech startup CloudRadar launches new data center in Johannesburg, South Africa
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.
Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.
[Startup Interview] Marthinus Coetzee, CEO, iPTT Africa, South Africa
Iptt africa (pty) Limited, a South African telecommunications startup, solves the communication problems faced by many businesses and organizations in Africa through its italkptt platform that allows businesses to communicate from anywhere in Africa to anywhere in the world. The CEO Marthinus Coetzee elaborates.
Early investors in 4IR startups set to reap rewards
Early investors in startups with exposure to the fourth industrial revolution (4IR) are benefiting from significant revenue growth despite the physical constraints introduced by governments’ responses to the Covid-19 pandemic.
Futuregrowth invests in South African online services disruptor startup SweepSouth
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.
South African animation and gaming startup Sea Monster secures $1m funding
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.
[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.
Catalyst Fund announces seventh cohort of inclusive fintech startups
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.
[Startup Interview] Riaan Rautenbach, CEO, Live Fr8, South Africa
LIVE FR8™ is a South African startup that offers cargo suppliers and transporters improved and cheaper logistics services through cloud technology. Cargo suppliers and transporters connect directly.
[Startup Interview] Anton Janovsky, Founder, Giga Technology, South Africa
Giga Technology is a South African telecommunications startup involved in the manufacture and export of a host of communication technologies across Africa and Europe.
[Startup Interview] Katlego Malatji, CEO, ProjectOne Engineering, South Africa
Katlego Malatji is the CEO of ProjectOne, a South African based innovative engineering consultancy company that focuses on 4IR projects in manufacturing.
[Startup Interview] Seth Wessels, Co-Founder, Tungston Trading, South Africa
Tungston Trading based in South Africa is a business involved in the supply of cast iron range of products to the retail merchants for home improvements and plumbing.
Naspers Foundry invests R100 million in South African agri-tech startup, Aerobotics
Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.
Solar leasing startup Sun Exchange secures $3 million investment from ARCH for African market expansion
South African solar leasing startup Sun Exchange has secured a $3 million investment from ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARPF), marking the close of $4 million Series-A funding round.
Dutch firm CNBB invests in South African employee engagement solution startup, Wyzetalk
Dutch investment company CNBB Venture Partners has made a multi-million euro investment in Wyzetalk, a fast-growing digital employee engagement company.
[South Africa] Food delivery startup Zulzi raises $1.6 million to expand operations
Zulzi, a South Africa based on-demand delivery platform has bagged R30 million ($1.6 million) funding from an unnamed JSE-listed company, aimed to expand its operations.
[Startup Interview] Candace Knox, CEO, Fat Finger Technologies, South Africa
Fat Finger Technologies in South Africa offers an array of Information Technology services and solutions ranging from simple office networks to full cloud-hosted solutions to public facing networks with internet fail-over.
[Startup Interview] Razia Adam, CEO, Lwandle RNS Holdings, South Africa
Razia Adam is the founder and CEO of Lwandle RNS Holdings, a South African mining startup that has since 2015 been providing industry players digitization processes and systems in order to enable high production rates.
[Startup Interview] Daniel Greaves, CEO, Fuel to Fly, South Africa
Daniel Greaves is the founder and CEO of South Africa-based startup Fuel to Fly that offer boutique sales outreach services that are powered by advanced data analytics.
[Startup Interview] Elton Greeve, CEO, EMG Agri Solutions, South Africa
EMG Agri Solutions, a South African startup offers business planning, management consulting, strategic management, and specialized project management for agri-businesses. The focus is on providing farmers and agri-businesses with specialist advisory solutions.
[Startup Interview] Josephine Pretorius, Founder, Consolidated Marketing Services, South Africa
Josephine Pretorius is the founder and CEO of Consolidated Marketing Services, CMS, a South African startup offering marketing and PR services to clients predominantly in the energy and power infrastructure sector.
[Startup Interview] Mhlengi Ngcobo, CEO, CoffeMM, South Africa
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers in South Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market. Besides connecting them to international
[Startup Interview] Rich Cheary, CEO, PT SportSuite, South Africa
PT SportSuite is a South African company whose mission is to digitally disrupt the sporting industry’s media landscape by allowing sporting organisations to operate like commercially-minded modern media houses, while building
[Startup Interview] Lwazi Nongauza, Executive Director, BTN Mobile, South Africa
BTN Mobile is a South African digital telecommunications network that seeks to revolutionize the telecommunications landscape in the country and beyond while bridging the digital divide by making ICT services available to the underserved at a reasonable rate
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here