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

ParkUpp
Acquisition

South African Parking Marketplace, ParkUpp Acquired By Docklands Ventures

ParkUpp, a South African parking marketplace, has been acquired by real estate investment company Docklands Ventures. Founded in 2016, ParkUpp is

IFC
Investment

IFC Invests $10m in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs

The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital

Technology

South Africa’s Carscan Secures $1.3m to Help it Further Expand Operations

Carscan, the South African augmented reality app with an embedded visual recognition AI to track the visual condition of every

OLX
Ecommerce

Classified Ecommerce Platform OLX Closes Shop in South Africa

OLX, a classified ecommerce platform, has been shut down in South Africa. Visitors to the platform’s website were greeted with

Investment Startup Venture Capital

South Africa’s POS Solution Startup, TallOrder Raises $3m

TallOrder, a South African point of sale (POS) solution for SMES, has raised $3 million funding to accelerate growth and

Fintech Funding Investment Venture Capital

South African Fintech, Floatpays Closes $4m Seed Funding Round

Floatpays, a South African fintech startup, has closed a $4 million seed funding round. The investors in the round include

Teraco
Acquisition

Digital Realty to Acquire 55% Stake in South Africa’s Teraco

Digital Realty, the largest global provider of cloud and carrier-neutral data centre, colocation and interconnection solutions, has entered into a

Planet42
Funding Investment Mobility Venture Capital

South Africa’s Planet42 Raises $30m in Equity and Debt Funding

Planety42, a South African car subscription platform, has raised $30 million in equity and debt funding. The $5.8 million equity