• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!

All posts by Daniel Mpala

  • Developing digital payments solutions? Here are the markets you should focus on

    A recent report by Visa shows net benefits businesses, consumers and authorities would gain if they transitioned from cash-based economies to full digital payments. The Cashless Cities: Realising the benefits of digital payments report -- which was compiled by economics and research firm Roubini ThoughtLab -- is based off data drawn from 3000 consumers and 900 businesses across six cities, which was then extrapolated to 94 cities around the world. Read more: Move to full digital payments could net Joburg over $3bn in benefits a year In all, the study covers 100 cities from 80 countries around the world. An infographic at the bottom of the...

  • Getihu, investment fund for SaaS startups launches with opening of Cape Town hub

    Getihu, an investment fund for early-stage software and data as a service (Saas, DaaS) startups, officially launched in South Africa last night (14 March) with the opening of an innovation hub in Cape Town. Getihu was founded last year by serial entrepreneur Ryan Paterson and chief investment officer Thomas Schmider. Schmider co-founded one of Europe's biggest game developers Infogrames Entertainment in 1983, which went on to acquire US-games developer Atari Inc in 2008. Paterson (pictured below), who is also Getihu's chief entrepreneur officer, told Ventureburn that the fund -- which started off with the founders investing their own money -- invests between $25 000...

  • We’ve hit burst of NOS from Fast and Furious – i-Pay CEO ahead of $5m raise

    With just over two months left in which to raise $5-million in funding, things at Johannesburg fintech i-Pay are picking up, says co-founder and CEO Thomas Pays. "We haven't (had) a quiet period in the past two months," said Pays (pictured above in conversation with Sarah Strauss) at a French Tech event held yesterday at Workshop 17 in Cape Town. "We can work 18-hours straight, there’s still so many requests and enquiries from clients that it does feel like a good scale-up now," he said. Pays describes the overall change in pace in running the business -- dealing with client enquiries and holding meetings -- akin...

  • Visa launches Everywhere Initiative in Africa, here’s how you can get involved

    In a bid to foster regional payments innovation and fintech entrepreneurship in Sub-Saharan Africa, global payments company Visa today announced the launch of the Everywhere Initiative on the continent at the DHL Ecommerce Money Africa conference in Cape Town. Visa’s Everywhere Initiative is an innovation programme designed to encourage the emergence of “the next big thing” in digital payments globally. The initiative has since its inception in 2015 awarded over $1-million and mentorship to 36 winners selected from over 130 finalists in over 40 countries in North America, Latin America, Europe and Asia. In all, more than 2100 startups globally have participated in...

  • 10 South African startups leading innovation in IoT [Digital All Stars]

    Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business people, advertisers, and media professionals among others. In two years time, experts predict that 50 billion devices will be connected to the internet. This convergence of devices physical objects -- with sensors and software -- and the internet, enabling them to transmit and receive data is known as the internet of things (IoT). With IoT Forum Africa 2018 kicking off this week at the Gallagher Convention Centre in Johannesburg,...

  • IWD: Why it’s important to share, tell women entrepreneurs stories

    Tech entrepreneurship around the world, and particularly in Africa is largely male dominated, or as author Lu Li describes it, the ecosystems are "not designed for women". Women entrepreneurs face systematic barriers in the tech sector. As investment lawyer and ImpactHer founder Efe Ukala pointed out earlier this year, when it comes to funding, one of the major issues African entrepreneurs struggle with is out of their control: investor perception. Ukala draws attention to a study published in the Harvard Business Review in June last year which found that questions posed to female entrepreneurs were "sprinkled with elements of gender bias"-- suggesting a...

  • How HiCarByeCar uses ‘crude behavioural analysis’ to disrupt used auto market

    When car owners sell a car through a dealership, the vehicle changes hands two to three times -- moving from one middleman to the next, before it is finally acquired by the vehicle intended owner -- the driver. This all adds to the cost of the final sale price. It's something that HiCarByeCar founder Michael Zahariev sees as a value loss -- and he claims his startup has come up with an innovative solution to this. In January the two-year-old Johannesburg-based startup concluded a funding round with an undisclosed Swiss private-equity investor involving what Zahariev described as "an eight-figure valuation and a seven-figure investment". The deal will see the Zahariev retain...

  • Move to full digital payments could net Joburg over $3bn in benefits a year

    Businesses, consumers and authorities in the city of Johannesburg could gain $3.4-billion in net benefits by moving 100% of financial transactions conducted in the city to digital payments, estimates a new study by Visa. The report -- The Cashless Cities: Realising the benefits of digital payments -- was compiled by economics and evidence-based research firm Roubini ThoughtLab and released last week. The data was initially drawn from a study of 3000 consumers and 900 businesses that Roubini ThoughtLab conducted in 2016 across six cities -- Bangkok, Chicago, Lagos, Sao Paolo, Stockholm and Tokyo. Researchers looked at factors such as the cost-benefit impact of physical...

  • Names of 12 startups announced for Village Capital Fintech Africa 2018

    Twelve African startups that have developed solutions to improve financial health for consumers and or businesses have been selected by venture capital firm Village Capital for its Village Capital Fintech Africa 2018 programme. The VC company made the announcement yesterday. This is the second cohort Village Capital has run since the launch of the programme in late 2015. The 12 selected startups, which are all based in Kenya, Uganda and Nigeria, were selected from an applicant pool of 165 applicants. "We've selected 12 early-stage African fintech startups focused on improving financial health. We'll offer $50 000 investment each to the top two entrepreneurs in the programme, as selected...

  • Cape Town startup Simply brings human-centred design, tech to life insurance

    In 2015, three friends -- tech entrepreneur Anthony Miller and two actuaries Simon Nicholson and Shaun Dippnall -- decided to team up and start insurance startup Simply Financial Services. "At a cross-road in our professional lives, we were all looking for a new challenge – something that would both make money and do good," says Miller (pictured right), who is also the company's CEO. "There is a dire need for simple, convenient, well-priced life insurance in South Africa and we believed we could use our combined strengths – tech startups, life insurance experience and human-centred design -- to build a business that could...

WP Twitter Auto Publish Powered By : XYZScripts.com