News

SA fintech startup i-Pay raises funding from Kalon Venture Partners

South African payments startup i-Pay has secured funding from venture capital firm Kalon Venture Partners to scale and expand its operations. Kalon Venture Partners said the investment in i-Pay, which facilitates bank-to-bank automated and instant electronic funds transfers (EFTs) in a matter of seconds, will help the startup expand its

Kenya’s Sendy raises $3m funding round

Kenyan on-demand logistics startup Sendy has raised US$3 million in funding to expand its operations, the company’s co-founder told the African Angel Investor Summit in Cape Town yesterday. Launched in 2014, Sendy offers a marketplace for last-mile package delivery and logistics services, allowing customers to send packages and documents using

E-health accelerator launched in Cape Town

E-health accelerator Digital Health Cape Town (DHCT) has opened applications for its first programme, designed to help high growth, high social impact businesses in the health space succeed. The accelerator has been launched in response to the changing needs of healthcare providers and patients, in a bid to digitally transform

Nigeria’s Farmcrowdy launches agri-investments mobile app

Nigerian agri-tech startup Farmcrowdy has launched a mobile app that allows users to fund small scale farming from their phones. Farmcrowdy matches small-scale farmers with farm sponsors for the purpose of expanding food production and generating profit for both parties. The platform allows Nigerians to participate in agriculture without necessarily

COMMODITY EXPORTERS HAVE A NEW FUNDING PARTNER – OVAMBA

Ovamba has funded its first cocoa purchase and exportation transaction with industry leader, Producam S. A. which is a division of Neossi Industries. Judging by the current demand, this is only the beginning of a significant pipeline of opportunities for Ovamba to fund. Founded by Emmanuel Neossi in 2012, Producam

SiMODiSA launches support platform for SA entrepreneurs

South African startup support organisation SiMODiSA has launched Venture Central, an online platform designed to give entrepreneurs access to information and opportunities. Venture Central is an entrepreneurial community-based platform with curated content from the entrepreneurship ecosystem. Various organisations and entrepreneurial supporters will be able to feed information, opportunities and important

Nigerian fintech startup Amplify to launch social banking solution

Nigerian online payments startup Amplify is partnering leading local banks to launch mTransfers, a social banking solution that lets customers transfer funds and perform other banking services via WhatsApp, Facebook Messenger and other social messaging platforms. Disrupt Africa reported last year on the launch of Amplify, which helps businesses accept

SA’s Wezart helps African artists sell to world

South African art and fashion marketplace Wezart is helping African artists and designers sell to the rest of the world via its e-commerce platform. Launched in 2016, Wezart focuses solely on new-age African identity in fashion and art, allowing Africans to sell their modern contemporary creations as efficiently as possible.

Accion Venture Lab wants to build Nigerian fintech startups

Investment firm Accion Venture Lab is looking for 15 Nigerian entrepreneurs to help it build fintech startups from scratch via its Company Builder programme. Accion Venture Lab has invested in 33 startups around the world that leverage technology to offer financial solutions such as alternative credit scoring, digital lending and

Business card replacement app Veza launches in SA

Networking and business card replacement app Veza has launched in South Africa, aiming to make it easier to follow up with new contacts from business events. When meeting a new contact at an event or conference, the Veza app eliminates the need to exchange business cards, rather, a user hands

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