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African Startup Funding Tracker

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South African Rentals Marketplace Rentoza Raises USD 1.3 Mn Funding
South African Rentals Marketplace Rentoza Raises USD 1.3 Mn Funding

South African startup Rentoza, an online electronics, and appliances retailer operating on a subscription-based model, has raised ZAR20 million (USD1.3 Mn) in funding from Khulisani Ventures, the early-stage investment vehicle of the Mineworkers Investment Company (MIC).

Rentoza is an online electronics and appliances retailer operating on a subscription-based model that makes access to essential technology easy and affordable to consumers, especially when traditional means of acquiring tech products are not an option.