Ghanaian fintech startup Zeepay has acquired a 51 per cent stake in Zambian counterpart Mangwee as it expands operations into Southern Africa. Zeepay is focused on digital rails to connect digital assets such as mobile money wallets, cards, ATMs, bank accounts and digital tokens to international money transfer operators, payments, subscriptions, international airtime and refugee [...] Read more ›
18
Japan-based VC Samurai Incubate has closed its oversubscribed Samurai Africa 2nd General Partnership fund at over JP¥2 billion (US$18.4 million), for pre-seed, seed and Series A investments in African tech startups. Founded in 2008, Samurai Incubate has launched and managed six funds in Japan, through which it has backed around 130 startups. Samurai Incubate Africa [...] Read more ›
30
It started as an Excel document, but South African startup SME Snapshot has developed into a real-time financial analytics platform aimed at a multi-tiered market serving the interests of entrepreneurs. Formed in 2018, with the goal of building the capacity of SMEs to update and understand financial analytics, SME Snapshot allows entrepreneurs to keep tabs [...] Read more ›
17
Egyptian on-demand dry-cleaning and laundry app Laverie has raised a six-figure funding round as it aims to expand operations over the Greater Cairo area, and subsequently the GCC, with a new range of services. Launched in 2018 by Ayman Gaballah and Mohab Aloush, who have recently been joined by new chief executive officer (CEO) Hani [...] Read more ›
9
South African cybersecurity email protection and compliance startup Sendmarc has received follow-on investment from Kalon Venture Partners as it looks to build on strong recent growth. Launched in 2018 by Sam Hutchinson, Keith Thompson and Sacha Matulovich, Sendmarc provides the setup, implementation and reporting functionality for a global email protection standard known as DMARC. This [...] Read more ›
9
Applications have opened for the latest Grindstone accelerator programmes in Cape Town and Johannesburg, which will see 20 South African innovation-driven SMEs provided with support in quickly growing their businesses. Grindstone Accelerator is a structured entrepreneurship development programme run by venture capital (VC) fund manager Knife Capital, principally funded by SA SME Fund, and backed [...] Read more ›
5
South African fintech startup Peach Payments has netted additional investment to capitalise on its accelerated growth over the last year. Peach Payments enables businesses to easily accept payments on their websites and mobile apps, integrating with leading e-commerce platforms like WooCommerce, Shopify, Wix and Magento. The startup has already expanded into Kenya and Mauritius, and [...] Read more ›
11
Ghanaian digital savings startup BezoMoney has raised US$200,000 in seed funding to finance its continued expansion and growth. Founded in August 2019 by Mubarak Sumaila and Diana Osei after they took part in the Accra-based Meltwater Entrepreneurial School of Technology (MEST) programme, BezoMoney offers a digital savings platform called BezoSusu that helps users save effectively, [...] Read more ›
21
Pan-African innovation hub network AfriLabs has added an additional 28 new members to expand its total membership to 268 across 49 countries. Founded in 2011, AfriLabs is a network of technology innovation hubs on the continent, with a mission to support the growth of these hubs and their communities to raise high potential entrepreneurs that [...] Read more ›
15
South African cryptocurrency investment platform Revix has raised ZAR58.5 million (US$4 million) in funding to help it launch a mobile and expand to the European Union (EU). Revix, which has offices in Cape Town and London, has the aim of making investments in cryptocurrency funds more accessible to ordinary investors, and was founded by Sean [...] Read more ›
15
South African e-health startup Quro Medical is emerging from stealth mode to announce the closure of a seven-figure US dollar seed funding round to accelerate growth. Founded in 2018, Quro Medical has developed an affordable and accessible hospital-at-home solution that combines state-of-the-art hardware and software with clinical excellence to manage acutely ill patients in the [...] Read more ›
3
South African fintech startup Troygold, which enables gold owners to digitise physical gold and use it for day-to-day transactions via a mobile app and gold-backed Mastercard, has secured funding from Crossfin Ventures, the angel investment arm of Crossfin Technology Holdings. Founded in 2018 by Dane and Bastiat Viljoen, Troygold digitises gold bullion and Krugerrands and [...] Read more ›
11
Ugandan fintech startup Numida has raised a US$2.3 million seed funding round led by MFS Africa to help it expand aggressively and launch new products. Launched by Mina Shahid, Catherine Denis and Ben Best in 2017, Numida began life enabling traditional MFIs to provide unsecured credit to semi-formal businesses, but pivoted 18 months ago to [...] Read more ›
0
MEST, in partnership with the Mastercard Foundation, has announced the launch of the Startup Creation programme, aimed at supporting young entrepreneurs to build, launch and scale software technology-enabled ventures in Ghana. The programme will be run under PRE-MEST, one of three new programmes, alongside MEST Express and MEST Scale, that MEST is currently running in [...] Read more ›
8
Ugandan fintech startup Numida has raised a US$2.3 million seed funding round led by MFS Africa to help it expand aggressively and launch new products. Launched by Mina Shahid, Catherine Denis and Ben Best in 2017, Numida began life enabling traditional MFIs to provide unsecured credit to semi-formal businesses, but pivoted 18 months ago to [...] Read more ›
18
South African Section 12J venture capital firm Kalon Ventures Partners has announced a better-than-expected capital raise that means each of its funds have in excess of ZAR100 million (US$6.85 million) each. An investor in the likes of Ozow, FinChatBot, Flow and Mobiz, Kalon in February concluded a successful capital raise bringing its total Assets Under [...] Read more ›
8
Nigerian ed-tech startup ScholarX has partnered mobile operator Airtel to launch LearnAM, a new mobile learning platform that provides skills training content to improve learning outcomes. Launched in Nigeria in July 2016, the ScholarX app allows users to select parameters and scroll through lists of available scholarships that match their requirements. The startup has taken [...] Read more ›
25
Eight Tunisian startups have secured US$65,000 each in funding after being selected to take part in the seventh edition of the Flat6Labs Tunis seed accelerator programme. Flat6Labs is the MENA region’s leading seed and early-stage venture capital firm, running a host of startup programmes and investing in more than 100 startups each year. Its four-month [...] Read more ›
9
In African startupland, there is much talk of the values of corporate-startup partnerships, and rightly so. Yet the benefits of startups collaborating with each other is too often neglected. One of the reasons for the relative lack of discussion around the topic is the relative lack of activity, or at least evident activity. Corporates announce [...] Read more ›
32
Rwandan electric motorcycle company Ampersand has secured a US$3.5 million investment from the Ecosystem Integrity Fund (EIF) in order to scale its operations. Headquartered in Kigali, Ampersand assembles and finances electric motorcycles that are cheaper, cleaner and better performing than the five million petrol motorcycle taxis in use across East Africa. Its vehicles produce at [...] Read more ›
38
Most popular sources
Business Insider
|
24% 3 |
The Verge
|
20% 17 |
Tom's Hardware
|
9% 15 |
Gizmodo
|
8% 4 |
Slashdot
|
8% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
23.12.2025 15:17
Last update: 15:12 EDT.
News rating updated: 22:12.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.