Tuesday, September 16, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News Africa News

SA’s FinChatBot Acquires R7-million Fund

Tech Gist Africa by Tech Gist Africa
11/20/2018
in Africa News, Events, Startups
0 0
0
SA’s FinChatBot Acquires R7-million Fund

Photo Credit: techcentral.co.za

0
SHARES
Share on FacebookShare on Twitter

South Africa’s Kalon Venture Partners and Mauritius-based Compass Venture Capital have invested US$500 000 (R7-million) in FinChatBot, a financial services chatbot developer.

FinChatBot develops chatbots to help financial service providers acquire and retain customers through artificial intelligence (AI) powered conversations. So far, the start-up has developed and services chatbot experiences for more than 10 top insurance companies and banks in South Africa.

Founded by Antoine Paillusseau and Romain Diaz in 2016. The start-up intends to use the investment to continue their rapid growth and expand their client base.


See Also: African FinTech Startups win big in Visa Everywhere Initiative


Paillusseau opined that by implementing the start-up’s chatbots, financial services providers are able to increase their conversion rates, reduce operational costs and gather more data about customers which can be used for product innovation and customer retention.

Compass Capital partner, Fabrice Boullé said in a statement that the investor’s decision to invest in the start-up was as much about its technology as about its leadership.

“FinChatBot’s business model, based on an unmatched expertise in creating chatbots for the financial services industry, struck us as ahead of the regional competition…But in the end, our investment decision was mainly motivated by our trust in Antoine’s capacity to lead FinChatBot to the top, as well as our appreciation for his straightforward personality and transparency.”

More on TechGist Africa:

  • Meet Mustafa, Ghanaian Teenager Who Created a Model to Successfully Diagnose and Predict Breast Cancer.
  • Paga Signs Partnership Deal with Orange Mall
  • Kenya’s Farm.ink Wins Fall Armyworm Tech Prize
  • WHO Launches its First African Ever Innovation Challenge for Health Start-ups
  • 11 African Start-ups Secure Corporate Partnerships at AfricArena
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Gitex Nigeria 2025
Events

Nigeria’s Digital Moment: Key Takeaways from GITEX Nigeria 2025

by Tech Gist Africa
09/11/2025
0

GITEX Nigeria 2025, held from 1–4 September across Abuja and Lagos, marked a turning point for Nigeria’s tech ecosystem. The...

Read more
GITEX Nigeria 2025

GITEX Nigeria 2025: A Landmark Event for Africa’s Digital Future

09/01/2025
Salasa Egypt

Salasa, an Egyptian logistics and supply chain startup Scores $30M Series B funding round

08/22/2025
Chowdeck Nigeria

Chowdeck, a Nigerian Startup Raises $9M in Funding

08/20/2025
world humanoid robot games 2025

World Humanoid Robot Games Spotlight Embodied AI

08/19/2025
Next Post
These are the Innovators Selected For the Africa Prize for Engineering Innovation

These are the Innovators Selected For the Africa Prize for Engineering Innovation

Cellulant’s Partners Facebook to Launch First Augmented Reality Sale Platform in Africa

Cellulant’s Partners Facebook to Launch First Augmented Reality Sale Platform in Africa

The Big 5

The Big 5 Daily: Cellulant’s Partners Facebook to Launch First Augmented Reality Sale Platform in Africa, 16 African Innovators Selected For the Africa Prize for Engineering Innovation

No Result
View All Result

The Big 5

Gitex Nigeria 2025

Nigeria’s Digital Moment: Key Takeaways from GITEX Nigeria 2025

by Tech Gist Africa
09/11/2025
0

...

Itana Nigeria

Itana Opens Applications for Digital Residency Launchpad

by Tech Gist Africa
09/11/2025
0

...

Africa’s Business Heroes 2025

Africa’s Business Heroes Names 20 Finalists for $1.5M 2025 Prize

by Tech Gist Africa
09/11/2025
0

...

Innovation Process

Djezzy Launches Open Innovation Challenge 2025 to Drive Inclusive Digital Transformation in Algeria

by Tech Gist Africa
09/11/2025
0

...

Temidayo Isaiah Oniosun Nigeria

Temidayo Oniosun Launches Nigeria’s First Egusi Seeds to Space

by Tech Gist Africa
09/11/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.