Acquisition Fintech

South African Fintech Firm, Adumo Acquires SwitchPay

Adumo, a South African fintech startup, has announced that it has acquired SwitchPay, a South African startup providing alternative payment

Crossfin
Acquisition Fintech

South African Fintech Firm, Crossfin Acquired by Consortium of Investors For $95m

Crossfin, a South African fintech industry, has been acquired by a consortium of investors for 1.5 billion rand ($94.8 million).

Mobiz
Funding Investment Venture Capital

South African SaaS Mobile marketing, Mobiz Platform Closes $4m pre-Series A Funding

Mobiz, a South African SaaS Mobile marketing Platform, has raised a $4 million pre-Series A HAVAÍC, Futuregrowth, Launch Africa, Allan

Bolt
Ride-hailing

Ride-hailing Firm, Bolt Launches Bolt Comfort in South Africa

Bolt, the global ride-hailing firm, has launched its “Bolt Comfort” service category designed for riders seeking more relaxation and ease. The

Ozow
Fintech Funding Investment Payment Venture Capital

South African Fintech Startup, Ozow Secures $48m Series B Funding

Ozow, a South African fintech startup, has raised $48 million in a Series B funding round led by Tencent. The

Funding Investment

South African NFT Collateral Startup, NFTfi Raises $5m Seed Round

NFTfi, a South African NFT collateral startup, has raised a $5 million seed round to continue pioneering the financialization of

Safetech

South African Emergency Marketplace, AURA Closes $4m Series A Funding Round

AURA, the African-based security and medical response marketplace, has secured $4 million (R62 million) in a Series A funding round, which

JUMO
Fintech Funding Investment News Venture Capital

South Africa’s JUMO Secures $120m at $400m Valuation

JUMO, a South African fintech startup that helps entrepreneurs in developing countries gain access to loans, has raised $120 million

Stitch
Fintech Funding Investment Venture Capital

South African API Fintech, Stitch Raises $2m, Expands to Nigeria

Stitch, a South Africa API fintech startup, has announced that it has raised a $2 million seed extension and expanded

Mastercard
Appointment

Mastercard Appoints Gabriel Swanepoel as New Country Manager For South Africa

Mastercard has appointed Gabriel Swanepoel as the new Country Manager for Mastercard in South Africa. This serves as a promotion