Crowdfunding rescues distressed SMEs during lockdown
South African SMEs have been forced to rely on online peer-to-peer donations to keep afloat during the extended nation-wide lockdown period.
SA insurtech start-up bags additional R23m funding
The investment will be used to deepen Inclusivity’s footprint within its existing markets and support further international expansion.
Online platform to assist COVID-19-stressed importers
The tradeXpad trade-finance platform provides direct access to funding opportunities from multiple private funders and traditional banks.
MyFanPark app sees massive growth, expands to Europe
The local start-up that connects people with celebrities experiences a 283% upsurge in revenue during the coronavirus crisis.
Silicon Valley VC firm looks to invest in African start-ups
Plug and Play prepares to open its Johannesburg office this year, and wants to help talented African start-ups become global enterprises.
Mastercard aims to bring 1bn people into digital economy by 2025
The payments tech firm expands its financial inclusion efforts beyond the 500 million of the past five years, looking to bring a billion people into the digital economy.
Facebook takes big leap into e-commerce with ‘Shops’
Facebook Shops allows businesses to sell products to customers through the chat features of WhatsApp, Messenger and Instagram Direct.
Naspers invests R100m in agritech start-up Aerobotics
Early stage business funding initiative Naspers Foundry invests in Aerobotics, founded by James Paterson and Benji Meltzer in 2014, specialising in the application of artificial intelligence in agriculture.
Fintech start-up CompariSure lands multimillion-rand funding
Venture capital firm UW Ventures and Allan Gray invest millions in the Cape Town-based fintech company’s scaling ambitions.
Livestock Wealth generates R20m in profit for investors
After gaining 4 000 investors, the crowd farming platform expands its offerings to include shared farming service, GrassBeef by Livestock Wealth.
Tailored ERP solutions make sense for healthcare industry
For patient care and hospital management, the Seidor Africa healthcare solution is customisable and specifically designed for medium-sized organisations.