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News - South Africa
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Lupiya, a neobank in Zambia, has raised $8.25 million in a Series A round of funding
Lupiya, a neobank based in Zambia, has raised US$8.25 million in Series A funding to expand into existing and potential...
Read moreAWS has opened its first international Skills Center in Cape Town, South Africa
The first international AWS Skills Center was launched by Amazon Web Services (AWS) in Cape Town, South Africa, as part...
Read moreFounders Factory Africa Secures a Funding Round of 144 Million Dollars from Mastercard Foundation and Johnson & Johnson
Founders Factory Africa has raised an additional $114 million to expand its approach and better serve entrepreneurs in Africa's technology...
Read moreMastercard To Purchase a Stake in MTN’s $5.2 Billion Fintech Unit, According to Recent Reports
Following the announcement that Mastercard has agreed to purchase a minority stake in the financial-technology division of MTN Group Ltd., the...
Read moreREdimension Capital, a South African VC firm, raises more than $10 million for a proptech fund
The REdimension Real Estate Technology and Sustainability Fund I, the company's first fund, has received more than $10 million in...
Read moreTyme, a South African digital bank raises $77.8 million
South African digital bank Tyme has secured $77.8 million in pre-Series C investment from Norrsken22 and Blue Earth Capital. The...
Read moreDigsConnect, a startup offering student accommodation in South Africa, receives funding from Intaba Capital
DigsConnect, a South African online marketplace for student accommodation, has received undisclosed funding as part of its ongoing Series A...
Read moreQuro Medical, an e-health startup in South Africa, has raised $1.3 million
Quro Medical, an e-health startup based in South Africa, has secured $1.3 million in funding from the Mineworkers Investment Company (MIC)....
Read moreMaholla a South African rewards startup raises $1.5 million in seed funding
Maholla, a consumer rewards program that has gone viral in South Africa, has just closed a US$1.5 million seed funding...
Read morePaymenow, a South African startup that provides access to earned wages, receives a $14 million debt facility
Paymenow, a South African earned income access platform, received a ZAR250 million (US$14 million) loan facility through Rand Merchant Bank...
Read morePeach Payments, a fintech start-up in South Africa, has raised $31 million in a Series A round of funding
Peach Payments, a fintech startup based out of South Africa, has just raised US$31 million in Series A funding from...
Read moreTROOP raises $11 million in Series B funding for expansion in South Africa
South African startup TROOP, which creates tools for corporate meetings around the world, has raised $11 million in Series B...
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