Fintech Funding Investment Startup

South Africa’s Finclusion Group Secures Funding From Cairo Angels

Finclusion Group, the South African fintech startup, has secured undisclosed funding from The Cairo Angels Syndicate Fund (CASF), a micro

Edtech Funding Investment Venture Capital

Foondamate, a South African Edtech Startup Secures $2m Investment

Foondamate, a South African edtech startup, has secured a $2 million seed funding round led by LocalGlobe to boost and

Funding Internet Investment Venture Capital

BLOC Smart Africa Leads $1m Round in South Africa’s TooMuchWifi

BLOC Smart Africa fund, initiated by the Smart Africa Alliance and managed by Bamboo Capital Partners, has announced an investment

Funding Investment Venture Capital

South Africa’s Logistics Startup GoMetro Secures $1m Seed Extension

GoMetro, a South African logistics startup, has secured a $1 million seed extension round to accelerate its growth, bolster its

Swvl
Acquisition

Swvl Acquires Zeelo to Expand its Footprint to USA, UK & South Africa

Swvl, a provider of transformative tech-enabled mass transit solutions, has announced a definitive agreement to acquire Zeelo, the UK’s largest smart

Didi Chuxing
Ride-hailing

Chinese Ride-hailing Startup, DiDi Shuts Down South African Operations

DiDi Chuxing, the Chinese ride-hailing company, has shut down its operations in South Africa just a year after it started

Platform Capital
Investment SMEs

Platform Capital Launches in South Africa to Invest in Local SMEs

Platform Capital, a provider of advisory services, has officially launched operations in South Africa to provide strategically driven investments with

SmartWage
Funding Investment Venture Capital

South Africa’s Smartwage Raises $2m to Bridge Gap Between Businesses and Their Frontline Employees

SmartWage, an HR and communications technology startup, has raised a USD$2 million oversubscribed seed funding round to support its vision

Cryptocurrency Funding Investment

South African Crypto Exchange Firm, VALR Secures $50m Funding

VALR, a cryptocurrency exchange headquartered in South Africa, has raised $50 million (over R750 million) in Africa’s largest ever crypto

Acquisition

Weaver Fintech Acquires South Africa’s PayJustNow

Weaver Fintech, a South African fintech startup, has acquired an 85% stake in PayJustNow to drive its ongoing growth in