Cape Town-headquartered One Thousand & One Voices positions DigiCo for US expansion after investing R200 million in the Sandton-based tech firm.
The investment will include the landing of the Equiano subsea cable, which the company says will enable faster internet speeds and lower connectivity costs.
The Cape Town-based start-up secures expansion capital from the venture capital firm, to further enhance its enterprise product offerings and accelerate growth.
The bank says the partnership is part of its model to join forces with retailers, to acquire additional customers and drive usage.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
Local investment platform Innovation Edge calls on early-stage start-ups with innovative edtech ventures to apply for its Innovation Challenge grant funding.
The move is in line with the group’s priority to create shared value, partly through ensuring broad-based ownership in its operating subsidiaries.
The regulator grants the approval on condition that a certain level of ownership by historically disadvantaged persons is maintained post the merger.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The Payment Pebble Air is ideal for unattended use in self-service environments.
The initial public offering price is currently estimated to be between $21 and $24 per share, says the company in its filing.
BlacqMarket expands its business model to encompass a classifieds service and adds a security feature to fight online scams.
Close to 200 businesses that applied for financial relief via government’s online loss registration portal have been approved for funding, says Cabinet.
In the second quarter of 2021, 73% of ransomware detections were related to the REvil/Sodinokibi family.