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News - South Africa
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Didi, a Chinese ride-hailing company, has closed its South African operations
Didi Chixung, the Chinese ride-hailing behemoth, has announced the closure of its South African operations. The ride-hailing service has operations...
Read moreSmartWage raises $2 million to help South African businesses connect with their frontline employees.
SmartWage, a cutting-edge HR and communications technology company has raised $2 million in funding. Several famous investors helped raise the...
Read moreVALR, a South African cryptocurrency exchange, has raised $50 million in Series B funding to expand across Africa
VALR, a South African cryptocurrency exchange, has acquired a US$50 million Series B funding round, valuing the company at US$240...
Read moreMTN purchases 144 plots of metaverse virtual land
MTN Group has announced that it has purchased 144 plots of digital land in the 'Africarare' virtual reality metaverse in...
Read moreUCOOK, a South African meal kit delivery service, has been acquired by Silvertree Holdings for US$12.3 million
Silvertree Holdings has fully acquired South African meal kit delivery business UCOOK in a deal worth US$12.3 million. Silvertree Holdings...
Read moreClickatell, based in South Africa, has raised $91 million in Series C funding
Clickatell, a South African company that has grown to be a global leader in chat commerce, has raised US$91 million...
Read moreZindi, a South African data science startup, has raised $1 million in a seed round to expand its network of data scientists
Zindi, a South African startup that operates as a professional network of data scientists, has raised a US$1 million seed...
Read moreMTN Rebrands as a Tech Company and Debuts a New Logo
MTN, the mobile telecoms firm, has begun a rebranding effort. The telco unveiled a new logo as part of the...
Read moreKnife Capital Fund III receives a $10 million investment from the International Finance Corporation (IFC) to help South Africa’s digital entrepreneurs
Knife Fund III, a new fund managed by Cape Town-based venture capital firm Knife Capital, has received a US$10 million...
Read moreStitch, a South African fintech firm, has raised $21 million in a Series A funding round
Stitch, a South African API fintech firm, has acquired a US$21 million Series A fundraising round to grow its team,...
Read moreCarscan, a South African automotive tech startup, has received a $1.3 million follow-on funding
Carscan, a South African startup that is a market leader in artificial intelligence and augmented reality for the vehicle insurance...
Read moreFloatpays, a South African fintech startup, has raised $4 million in seed funding
Floatpays, a South African on-demand payment company, has raised just under $4 million in an oversubscribed seed round to help...
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