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News - South Africa
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Mastercard 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...
Read moreKalon Venture Partners, a South African venture capital firm, will launch a $50 million pan-African fund
Kalon Venture Partners, a South African VC firm that invests in digital disruptive technologies, plans to establish a US$50 million...
Read moreGuardrisk, a South African insurance company, has $2.8 million
Guardrisk, a South African cell captive insurer, is searching for cutting-edge insurtech firms to support through its US$2.8 million LAUNCHPAD...
Read moreEnvisionit Deep AI, a South African e-health startup, secures $1.65 million in funding
Envisionit Deep AI, a South African e-health startup, has secured US$1.65 million in funding to launch its next stage of...
Read moreThe Big 5
