Category: Stories

With Trash Bins As Last Resort For Fresh Food, SA’s JustNow Is Helping Retailers Combat Their Wastage Problems

In 2009, according to Champions 12.3, approximately one-third of all food produced in the world was lost or wasted. Sound like a business opportunity? JustNow has taken it upon itself to address what is a global epidemic, with a South African context. Food waste costs South African retailers USD 1.7 bn annually and JustNow has […]

Nigerian Startup Arone Hopes To Be A Personalised Drone Delivery Service

In 2015, e-commerce platform, Yudala, led Nigeria’s first drone delivery during its Black Friday sales. It was a spectacle with massive coverage and talking points. An Unmanned Arial Vehicle, UAV, took off from the headquarters of Yudala at Redemption Crescent, Gbagada, Lagos, loaded with a Nokia Lumia smartphone and delivered successfully. Before this, drones have […]

With Seed Capital Under Its Belt, Nigeria’s Hostel Marketplace MyPadi Is Easing Out Student’s Semesters

For an average Nigerian student, an academic calendar begins from first securing accommodation popularly referred to as bed space – either on or off campus before anything else. It is a scramble to secure accommodation in a public University or polytechnic. The brave ones tend to do the business quickly and settle down for proper […]

Chat To Get Insured – FinChatBot Is Boosting The Conversions For Insurers

Ever faced a long holding time while connecting to a customer support channel? The answer, a resounding YES. But wait, that was an old trend, chatting on apps is in vogue, and millennials are embracing this trend worldwide. With over 5 Billion users worldwide, instant messaging has become the preferred mode of communication. The rise in the […]

Nigeria’s Agri-Tech Startup Farmcrowdy Creating Farmers Without Farms

Remember the popular maxim that defines insanity as doing the same thing over and over again, but expecting different results. This aptly captures the trajectory of Agriculture, a once upon a time mainstay of Nigeria’s economy before Crude Oil. Incidentally, many now agree that Nigeria’s chronic dependence on crude oil wasn’t in the best interest, […]

These Three Wonderwomen Offer A Techy Way Out To Legal Hiccups of Nigerian Entrepreneurs

Starting a company is an exciting endeavor; however, it can be a daunting task no matter what industry an entrepreneur chooses to operate in. While the journey would pose innumerable hindrances, navigating one’s way through legal woes can be particularly vexing. Especially if you were going to start up in Nigeria, you would know of […]

With 100,000 Downloads And Strong Partnerships, South Africa’s Walletdoc Plans To Capture The E-Billing Landscape

Leonard Shenker attributes that combining his industry experience in the payment space with the software and gaming experience of his partner Dan Wagner has been one of the cornerstones of Walletdoc’s success. He contends that “Building the right team is what matters”. Between him and Wagner, they have merged their disciplines to create a mobile […]

This Nigerian Tech Startup Helps Small Business To Market Their Product

Nigeria’s business hub, Lagos, is home to well over 11,000 Small and Medium scale businesses struggling to be profitable. To remain afloat, they have to adequately position their products and services in the market, with hopes to reach their target audience. Of course, these businesses are well aware that more prominent corporations, as a result […]

Kenya’s TabAds Takes Out The Boredom From Your Cab Journeys, Cashes In From Digital Ads

The traditional media ranging from television, newspaper, radio, and billboards have enjoyed the centre stage for long. But who has got the time these days, to consume these mediums? Hectic work schedule, busy social life, and diminishing attention span are all indicators of the lack of time. With the rising numbers in digital gadgets and […]

This Startup Lets You Bid For Your Dream Home In South Africa

The age-old relation between landlord and tenant has been an area of particular interest. They can’t live with each other, and they can’t live without each other! In earlier days, renting took place on a local level through references and in much lower volumes. However, with the ever-growing size of the floating population, the segment […]

This SA App Adds To Your Shopping Thrill With Cash Back Into Your Bank Account – All You Need To Do Is – Snap And Save!

Discounts and deals have long enticed humans. Who doesn’t like a bargain? It’s pretty logical, and also psychological. The mental rush associated with saving money is well established. However, some studies indicate the excitement of redeeming a coupon is greater than simply paying less for a product that is not discounted. According to Psychology Today, […]

This South African Startup Gets You a Table At Your Favourite Restaurant In a Jiffy

In a culture where passion for good eating runs so deep, it’s a given that everyone loves food. The evident shift from eating-in to eating-out has not escaped our attention. Merging Tables and Aisles, a report by Nielsen found that Americans eat out more than ever before. In another recent trend spotted in many developing […]

Mshule Won’t Let Poor Internet Get In The Way – Teaches Students Through SMS

Claire Mongeau’s mother was a teacher at a primary school. Her younger days would be spent feeling intrigued with new approaches being employed for teaching. Later, her higher education in psychology coupled with her brief stints at Bridge International Academies and IDEX Accelerator led her to understand how there existed underutilization and lack of resources […]

This Egyptian Startup helps markerters analyze and tweak their Social Media Strategies

Social media in today’s time is becoming more and more important and influential, both in society and for marketers. Today most brands across the globe are using websites like Facebook, Twitter and Instagram to promote their products and services, making the space crowded and fiercely competitive. With that comes the need for social media analytics, for […]

Nigeria’s Touchabl can help decode pictures

Many a times when we see pictures shared on social platform or on the internet, it leaves us wondering about the location or even the objects in the picture.  Which shoes is she wearing, they’re absolutely gorgeous! I wonder where I can get a pair like these? Such thoughts commonly cross our minds. Gabriele Eze, […]

Daimler Buys Majority Stake in French Ride Hailing App Chauffer Privé

German automative giant Daimler has acquired a majority stake in Chauffeur Privé, one of the leading private hire vehicle services in France, with the intention of acquiring the remaining stakes by 2019. The terms of the deal remain undisclosed. Chauffeur Privé, founded in 2011, has more than 1.5 million customers and 18,000 drivers. Their service […]

Heartbeat Medical gets €3 Mn Backing to Help Doctors Gauge Treatment Results

Germany headquartered Heartbeat Medical has announced the raise of €3 million from Holtzbrinck Ventures. The existing investor High-Tech Gründerfonds also participated in the financing round. The firm provides a software platform that enables doctors to evaluate the success of their treatment, by integrating the collections of Patient Reported Outcomes (PROs) into a clinical setting. Following […]

German Fintech Startup Raisin Secures an Undisclosed Amount from Paypal

Raisin, a savings deposit marketplace, has picked up strategic investment from digital payments platform PayPal. Founded in 2013, the Berlin based company enables savers to access the best deposit rates across Europe. More than 40 banks, including fintech firms like N26, offer services using Raisin’s solutions. These banks benefit by means of getting customers across […]

UK’s Digital Banking Platform Loot Secures £2.2 Mn to Help Millennials Manage Their Money

Loot, a digital banking app, has announced a £2.2 million series A funding led by £2.2 million series A  led by Portag3, Speedinvest and Power Corporation‘s corporate VC arm, taking total funding raised till date to £6 million. The London based company is a smartphone-based digital current account, built to help people better manage their money. It aims […]

German App Monitoring Solution Instana Scoops $20 Mn Series B Funding

Application monitoring solution Instana, has picked up $20 million in a Series B funding led by Accel with participation from Target Partners. This brings Instana’s total funding to date to $27 million. Based out of Germany, the startup is a provider of a monitoring solution that applies both automation and artificial intelligence (AI) to automate all […]

Germany’s Joblift snaps up €10 Mn Series A funding led by DN Capital

Joblift, a Berlin, Germany-based job search platform has raised €10 million in series A funding. The round, which brings the total amount raised to date to €12m, was led by DN Capital with participation from Picus Capital and existing investors Cherry Ventures, BTOV and TruVenturo. The two year old startup aggregates jobs data from over […]

London-headquartered Pace to Automate Hotel Room Pricing with £2.5 Mn Seed Money

Pace, a hotel-tech company that leverages machine learning to maximise hotels’ revenues and occupancy, has closed a £2.5 million seed financing round led by InterGlobe. Other participants include Seedcamp, Speedinvest and Amadeus Capital Partners. Propriety algorithms developed by the London based startup let hotels set room prices dynamically based on demand, that helps them tackle […]

South African startup Sxuirrel raises $176k funding

Sxuirrel, a Stellenbosch based peer-to-peer storage and space finding solution, has secured seed funding of R2.4 million from a strategic partner investment holding company with interests in the storage, logistics and transport industry, in return for a minority shareholding. Sxuirrel which describes itself as the “Airbnb for storage and space solutions” claims to be South Africa’s […]

UK’s Synthetic Biology Company LabGenius lands $3.66 Mn Seed Capital to Harness Evolution

Synthetic biology startup LabGenius, has picked up a seed financing of $3.66 million led by Kindred Capital and Acequia Capital, along with Berggruen Holdings, Backed VC, Beast Ventures, and System.One and investors Charlie Songhurst from Microsoft, and Tom McInerney, founder of TGM Ventures. The London based company is a pioneer in the use of synthetic biology […]

OpenOcean flushes €3.5 Mn into Finnish Marketing Analytics firm Supermetrics

Supermetrics, a Finland-based marketing analytics company, announced the successful closure of a €3.5 million Series A funding round led by OpenOcean. Founded in 2013, the company offers marketers a reporting automation tool for PPC, SEO, social media and web analytics, integrated with Google Sheets, Google Data Studio and Excel. The software brings all marketing metrics together […]

French Used-Electronics Marketplace Certideal raises €2 Mn to Expand in Europe

Online marketplace for used electronics Certideal has raised a financing of € 2 million from french venture capitalists – Citizen Capital and Inter Invest Capital. Launched in 2015 by Yoann Valensi and Laure Cohen, the platform allows sale and purchase of second hand electronics like smartphones, tablets and laptops, in a bid to promote re-use […]

Egyptian startup Eventtus secures a US$2 million funding round led by Algebra Ventures and 500 Startups

Events startup Eventtus has closed a US$2 million funding round led by Algebra Ventures and 500 Startups to accelerate its expansion in the Middle East and launch new products. Founded in 2012 by Mai Medhat and Nihal Fares, Eventtus is an-all-in-one platform for events ticketing, event management and apps for events. The startup creates interactive […]

UK Mobile Crowdsourcing Firm BeMyEye secures $10.5 Mn from FII Tech Growth, others

Crowdsourced marketing-tech company BeMyEye has raised $10.5 million Series C funding. The round has been led by FII Tech Growth with participation from Nauta Capital, P101 Ventures, and 360 Capital Partners. This is followed by a Series B investment secured in early 2016. Founded in 2011 by Gian Luca Petrelli and led by Luca Pagano, CEO, the company […]

India’s Portea Medical Raises $26 Mn Funding From Sabre Partners, MEMG CDC

Bengaluru-based home healthcare startup Portea Medical has raised $26 Mn funding in a Series C round led by Sabre Partners and MEMG CDC Ventures. Existing investors Accel, Washington-headquartered International Finance Corporation (IFC) and Qualcomm Ventures also participated in the round. Avendus Capital served as the sole financial advisor of the funding round in Portea. With […]

Safaricom ventures into online Market Place with Masoko

Telecom operator Safaricom has launched its e-commerce platform Masoko as it seeks to grow its presence in the retail sector. It has already signed up 200 vendors offering 20,000 different products ranging from electronics, mobile phones to everyday household goods. As it makes its foray, Safaricom faces strong competition from the likes of Kilimall, OLX and […]

UK Satellite Imaging Company Bird.i nabs $2.6 Mn to expand globally

UK-based Bird.i, a satellite imaging and intelligence startup, has raised $2.6 million in a fresh round of funding. Accelerated Digital Ventures led the round with participation from Concrete VC, Frontline Ventures, Satellite Application Catapult Services and Scottish Investment Bank. This round brings the startup’s total funding to $3.3 million. Started in 2016 by Corentin Guillo, Bird.i provides imaging and intelligence services that give businesses […]

Coworking Space Management Platform OfficeR&D grabs $1 Mn in Seed Funding

OfficeR&D, a co-working space management platform based out of London and Bulgaria, completed a $1 million seed round. The financing has been led by LAUNCHub Ventures with participation from Constant Tedder, the co-creator of video game Runescape, and the cofounders of Bulgarian software firm Telerik. The startup, founded by Miroslav Miroslavov and Miroslav Nedyalkov in 2015, provides […]

German Online Rentals Platform Wunderflats obtains €3 Mn from Creathor Venture, others

Wunderflats, an apartment rental platform from Berlin has raised €3 million in funding from Creathor Venture, along with the IBB Beteiligungsgesellschaft’s VC Fonds Kreativwirtschaft, ECONA AG and other undisclosed family offices. The property-tech startup, focussed on medium length stays, allows users to rent a furnished flat for one month or more. Founded in 2015, by Jan Hase and Arkadi Jampolski, the […]

Swedish Energy Management Startup Eliq amasses €3 Mn from a Syndicate of Angels

Eliq, a Sweden-based energy management company, announced closing a €3 million investment funding round. The money comes from existing investor CBC Investment and from a syndicate of around 70 angel investors. The funds will be used to to help accelerate market adoption of its customer engagement platform with particular focus on the UK market. Prior to this, the […]

Village Capital & PayPal Launches Fintech Programme For African Tech Entrepreneurs, Applications Open

Village Capital,  a non-profit that runs training programs for groups of early-stage entrepreneurs that are working to solve financial, health, sustainable agriculture problems across Africa has teamed up with PayPal to launch the Village Capital Fintech Africa 2018 program. Applications have opened for the fintech accelerator programme. The two firms are looking for 12-14 early-stage fintech startups to […]

Austrian Online Recruitment startup JobRocker attracts €1 Mn cash injection

Europe’s headhunting platform JobRocker has announced €1 million investment in Series A round led by Munich’s Surplus Invest to commence scaling its operations. This funding round marks the Austrian company’s first significant investment, having previously raised a €150,000 cash injection last year. The Vienna based online job search portal connects the user’s CV with possible […]

Swedish Digital Contraception App gets $30 M Series B investment led by EQT Ventures

Stockholm, Sweden-based digital contraception app Natural Cycles has secured $30 million funding in a bid to expand globally. The Series B round was led by EQT Ventures alongside previous backers Sunstone Capital, E-ventures, and Bonnier Growth Media. This brings the total amount raised by the startup to $36 million, with a previous $6M Series A […]

Botswana E-health startup Yapili wins Seedstars pitching competition

Yapili has emerged as a winner at the Botswanan leg of the Seedstars World pitching competition. The Mobile and web-based e-health platform will represent Botswana at the global finals to be held in Switzerland April 2018. Yapili that connects users with doctors – was named winner of the Gaborone-based event; while student information service StudentPark […]

UK’s Hostmaker Raises USD 15 Mn To Take The Friction Out Of Airbnb Rentals

Hostmaker, a London-based hospitality management service for Airbnb hosts, raised $15 million in Series B funding led by Thailand’s real estate developer Sansiri and Gaw Capital. Existing backers DN Capital, Ventech, and DSGCP also participated. The startup offers an array of services to homeowners for managing their short term rentals from housekeeping by five-star hotel […]

London’s Process Automation Platform Autologyx gets £1.5 Mn from Beacon Capital

London’s robotics and automation startup Autologyx, has raised £1.5 million in pre-Series A funding led by Beacon Capital with participation from Angel CoFund and Richard Hargreaves, who will join the board of the company as non-executive director. Leveraging machine learning and artificial intelligence, the company has developed a SaaS-based Fabric Automation Platform for enterprises to […]

German Analytics Platform ChartMogul lands USD 2.2 Mn from Alven Capital

Berlin-based analytics software company ChartMogul has raised $2.2 million in fresh funding from Alven Capital. Other participants include Point Nine Capital and angel investors. Founded in 2014, the analytics software company allows subscription businesses to collate and analyze their critical business data to extract decision making insights. In September of this year, the startup launched […]

Spain’s Photoslurp scores € 750K to expand its visual commerce business to Europe

Photoslurp, a visual commerce platform based out of Barcelona announced an investment of €750,000 in Pre- Series A financing. The round has been led by led by Spanish VC Inveready Technology Investment Group, with participation from Bankinter VC, Caixa Capital Risc and ICF. This represents the first external funding picked up, until now the it […]

UK-based Gaming Startup Mojiworks attracts £2.1 Mn funding from Balderton Capital

Gaming startup Mojiworks has announced a funding round of £2.1 million in series A funding. Balderton Capital led the round with participation from Lifeline Ventures and Sunstone Capital. The startup, founded last year by Matthew Wiggins (CEO) and Alan Harding (CTO), builds games for chat and messaging platforms, including Apple’s iMessage and Facebook’s Instant Games […]

India’s E-pharmacy startup Netmeds grabs $14 Mn from Tanncam, Sistema Asia Fund

Netmeds, an online pharmacy has picked up a corpus of $14 million in a fresh round of funding from Cambodian investment holding company Tanncam, along with participation from Sistema Asia Fund. The two will join early investors Investment Bank MAPE and OrbiMed Asia, along with Pradeep Dadha and his family as equity stakeholders in Netmeds. […]

Zambian Fintech Startup Zazu raises USD 260K through Crowdfunding Platform Seedrs

Zambian fintech startup Zazu has secured US $260K after running an oversubscribed crowdfunding campaign on Seedrs in order to launch a digital bank. Launched in October 2015, Zazu was incubated in Ignite Accelerator as an e-commerce platform for farmers, that allowed farmers with extra produce to connect with new markets, and launched operations in Zambia earlier this year. However, […]

First Minute Capital infuses £4.4 mn into UK’s augmented reality game Snatch

Gaming app Snatch has picked a seed investment of £4.4 million led by Initial Capital with participation from First Minute Capital, CrunchFund, Simon Equity Partners, Cassius Family Fund, Hanson Asset Management, Velocity Technology Fund and Silicon Valley Bank. The startup previously received funding from Unilever Ventures. Founded in 2016, Snatch is a treasure hunt themed […]

Battery Ventures leads $75M Series D in Europe’s travel activities platform GetYourGuide

Tours-and-activities booking platform GetYourGuide has secured a $75 million Series D funding. Leading the investment is Battery Ventures, a first-tier U.S. firm that has invested in several travel start-ups before this. The round also saw participation from previous investors KKR, Spark Capital, Highland Europe, Sunstone Capital, and Nokia Growth Partners. The investment, which follows a […]

Finland’s MariaDB closes €25 M Series C investment led by Alibaba

MariaDB, provider of the MariaDB open source database, has raised €25 million in funding led by Chinese e-commerce giant Alibaba. Other participating investors include Intel Capital, California Technology Ventures, Tesi, SmartFin Capital and Open Ocean. This new financing takes MariaDB’s total raise to $98 million, $54 million of which was poured in this year. MariaDB, […]

SA’s Knife Capital and Candy Crush Founders invest in Swedish Mobile and Sensory Technology

Cape Town based Venture Capital firm Knife Capital has made its first European investment alongside the founders of the British and Swedish games studio: King Digital Entertainment. Facilitated through Knife’s London office, The VC has participated in a USD 1.5 mn funding round in Stockholm-based Mobile and Sensory Technology (MOST). As a hardware and software start-up, MOST […]

Finnish Restaurant discovery platform EatAndTheCity raises €3.3 mn

In a bid to boost its expansion endeavours, Finland’s EatAndTheCity has raised €3.3 million from Wallstreet Group with participation from Gorilla Ventures, Arteel Ventures, Tekes, and angel investors. Founded in 2017, EatAndTheCity is a white label software solution helping users discover and book eating experiences in their city. The platform utilises feedback from journalists, food […]

Europe’s TransferWise announces an enormous $280 Million fund injection for expansion in Asia

TransferWise Ltd., one of Europe’s largest financial technology startups, has raised an additional $280 million at a $1.6 billion valuation from asset manager Old Mutual Global Investors and Silicon Valley venture capital firm IVP. The current funding brings the total amount of money TransferWise has raised since its founding in 2011 to $397 million. Also […]

E-grocery becoming investor’s playground in India, Bigbasket raises 2 investments within a week

Hyperlocal segment in India has been a tough cookie to crack. The sector saw the unfortunate end of many startups in the last 2 years including biggies like Peppertap. In a bid to compete efficiently with Grofers, online marketplace grocery delivery, the inventory-led firm BigBasket has raised $8.02 Mn (INR 52 Cr) in funding from four of […]

Employee learning platform Sunlight raises £500,000 in seed round

Sunlight, a London- headquartered employee learning and development platform from has bagged £500,000 in a seed round. The investment has been led by Speedinvest, with participation from Seedcamp, and Annection, along with a number of angel investors. Founded in 2016 by brothers Carlos and Juan Lagrange, Sunlight lets employers managing learning content for their staff’s […]

London’s DIY Computing Kit Maker Kano raises USD 28 mn in Series B

Kano, a London, UK-based DIY computer company, raised $28M in Series B funding led by the Thames Trust and Breyer Capital, with participation from Index Ventures, Salesforce founder Marc Benioff, the Stanford Engineering Venture Fund, LocalGlobe, John Makinson, Collaborative Fund, Triple Point Capital, and Barclays. Before this, Kano had raised around $16.5 million in funding. […]

Blockchain enabled Fintech platform Wala gets funds from Newtown Partners, plans ICO

Wala, a Cape Town based blockchain-powered financial services platform for the unbanked and underbanked, secured an undisclosed amount of equity investment from Newtown Partners. The newly injected funds will enable the startup to deliver on the promise of zero-fee financial services including insurance, transactional banking, remittances and loans for the 3.5bn consumers currently excluded from […]

Kenya’s Direct Pay Online Group (DPO) raises $5M from Apis Partners

Kenya’s Direct Pay Online Group (DPO) raised second investment of $5M from the UK based private equity fund, Apis Partners after its initial $10M investment made last year. The firm will also use the funds to set up operations in Nigeria, Ghana, DRC and Mozambique by the end of 2017 to grow across Africa through mergers […]

South African startup Naked raises $1.4m from Hollard and Yellowwoods

South African insurtech Startup Naked Insurance have raised ZAR20 million (US$1.4 million) from Hollard, SA’s largest privately-owned insurance group, and private investment firm Yellowwoods. The startup will use technology to transform the insurance business model to give customers a faster, fairer and more flexible insurance experience. It is led by actuaries Alex Thomson and Sumarié […]

AI driven app Ada Health bags €40 M from Access Industries, others

London and Berlin based Ada Health, an AI-powered health and telemedicine app, announced a €40 million funding round led by Access Industries. Other participants include June Fund, Cumberland VC, and Evi Technology founder William Tunstall-Pedoe. This marks Ada Health’s first round of institutional funding. The funds will be used to improve the product, hire employees […]

SA’s drone company UAV Industries raises $499 K from Glenheim Venture Capital Company

Cape Town-based drone operator UAV Industries announced a raise of $499,000 (R6.84 million) in funding from Glenheim Venture Capital Company, the first direct investment made by Glenheim’s Section 12J fund. The funds will be utilized to expand into at three neighbouring countries over the next 18 months. The startup had recently entered the US market. […]

White Star Capital injects £7 M in healthtech app Echo

Echo, a medication management startup that lets users order repeat prescriptions via its app and have medicines delivered at their doorstep, has raised a £7 million in Series A round of funding led by White Star Capital. Also participating in the round are MMC Ventures, Robin and Saul Klein’s LocalGlobe, Global Founders Capital, German startup […]

London-headquartered estate agent Nested secures £36 M from Global Founders Capital

Nested, a London-based property tech startup that helps home movers buy their next house before they’ve sold their current home, has raised £36 million in a new funding round led by Global Founders Capital. This is the third round of funding secured within 18 months, has brought the total amount raised to almost £50 million. […]

Blockchain startup The Sun Exchange raises $1.6m

The Sun Exchange – a South African startup, which leverages blockchain technology to allow individuals to purchase solar cells in solar projects, has raised $1.6-million from a number of strategic partners to enable it to fund a planned initial coin offering (ICO). In addition to Kalon Venture Partners other investors include: Network Society Ventures (New […]

German relocation services platform Movinga raises €22 million

Movinga, a platform for moving services, has raised a fresh round of €22 million led by Santo Venture Capital, the venture arm of the Strüngmann family office, with participation from existing backers Earlybird Venture Capital and Rocket Internet. The investment is structured as two tranches €9 million is being provided up front, with a further […]

Edutech startup BridgeU bags $ 5.3M from Octopus Ventures

London and Hong Kong based university preparation and career guidance startup – BridgeU has closed a $5.3 million Series A investment round led by London’s Octopus Ventures. Existing investor Fresco Capital also participated, and new investor Downing Ventures joined the round. The newly raised funds are intended to be used for hiring data scientists and […]

Madrid based real estate startup Spotahome picks Series A funds

Spotahome, a Madrid, Spain-headquartered platform for booking mid-to-long-term accommodations has raised $16 million in Series A funding from Passion Capital, Seaya Ventures, Howzat Partners, Samaipata Ventures and Arthur Kosten. Other backers include Nordic Makers, Gate 93, Mexico Ventures, Apostolos Apostolakis, Javier Etxebeste, Charlotte Street Capital, Samos Investments, and Modara Technologies. Spotahome co-founder and CEO Alejandro […]

Indian online financial marketplace BankBazaar raises $ 30 Mn

Chennai-based BankBazaar has raised $30 Mn in a funding round led by credit rating agency and information management company Experian. The funds will be used to further strengthen its position as the leader in secure paperless access to loans, cards, and mutual funds. Experian will also help the startup to accelerate towards its vision of […]

Food delivery platform Tupuca wins Seedstars pitch

Online food delivery platform Tupuca from Angola, with a customer base of 20K, has been selected the best startup by Seedstars World. This was Tupuca’s second attempt at the global seed-stage startup competition for emerging markets. Eight selected startups were invited to present their ideas in front of the local jury panel.As a part of […]

Wala secures equity investment from Newtown Partners

Newtown Partners, a seed-stage venture capital firm founded by Llew Claasen and Vinny Lingham, announced an investment of an undisclosed sum into Wala, a Cape Town-based blockchain-enabled fintech platform. Newtown Partners marketing partner Inge Lok said the investment will help Wala bring about its aim to provide zero-fee financial services which include insurance, transactional banking, remittances and […]

Digital Media Kenyan startup ZUMI raises USD250K

ZUMI, a digital media platform for fashion, has secured a US$250,000 funding from Kenya’s Chandaria Capital, Majlis Investment Management in the United Arab Emirates (UAE) and other international angel investors. Launched in October 2016 by William McCarren and Sabrina Dorman, ZUMI was originally intended to be a fashion e-commerce business. “It wasn’t until after I had quit my […]

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