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All posts by Matthew Alexander

  • Here are the 12 startups pitching at Seedstars World in Rwanda

    One of the world's biggest pitching events, Seedstars World has announced the top 12 startups to pitch in Rwanda. The winner of the Rwandan event on 6 December 2016, will be crowned the most innovative startup and go on to compete at the final in Switzerland in 2017. Here, the best startups from over 60 counties will have the opportunity to win up to US$1-million with the main prize being US$ 500 000 in equity investment. The Rwandan leg of the event is carried out with the support from Rwanda Online as well as local ambassador Aphrodice Mutangana. Further support is also offered by Microsoft4Afrika,...

  • ATTACQ Retail Innovation winners revealed

    Campus-based incubator LaunchLab, in partnership with ATTACQ, has announced the six winners of the Attacq Retail Innovation Entrepreneurs Challenge 2016. The winners were awarded a share of R100 000 in seed funding as well as incubation and support from the Nedbank Stellenbosch University LaunchLab. "We were impressed with the high quality of pitches at the final event. Our intention was to access new ideas and create the next breakthrough innovation in retail by addressing the e-commerce needs of our clients and customers," said the head of asset management at ATTACQ, Michael Clampett, in a press release to Ventureburn. "The submission had to enhance the...

  • Global Entrepreneurship Network announces top 10 finalists

    The Global Entrepreneurship Network (GEN), an entrepreneurial platform, aims to find the most innovative and promising startups around the world. GEN has announced the finalists for their Startup Open during their Global Entrepreneurship Week (GEW), which is celebrated by roughly 10-million people in 165 countries, the network claims. The Startup Open gives entrepreneurs a virtual platform to pitch their business as well as receive feedback on their offerings. The Startup Open will also give entrepreneurs a platform to compete for mentoring opportunities to help further their goals. President of GEN, Jonathan Ortmans commented in a press release, saying, "These individuals and cofounder...

  • Top African startups participating in Slush 2016

    One of Europe's leading startup events, Slush, will take place from 30 November to 1 December in Helsinki,Finland. With over 15 000 attendees and more than 1-million live-stream viewers, the event will also be hosting some of Africa's innovative startups. The conference will sport a variety of distinguished speakers and investors presenting a multitude of talks and studies relating to SMEs and entrepreneurship. Some of the events happening during the conference include a fireside chat with the founder and chairman of Lower Case Capital, Chris Sacca; a presentation on fintech startups and how they're democratising capital markets and much more. Slush 2016...

  • DocFox partners with global law firm Norton Rose Fulbright

    Fintech startup, DocFox, has announced a partnership with Norton Rose Fulbright, a global law firm, which aims to provide companies with a simpler way to complete their FICA compliance process. "DocFox is a sophisticated yet easy-to-use web application that helps customers submit their FICA documents electronically in a just a few taps. Customers can upload copies of their proof of identity and address documents, or submit documents using their smartphone camera," said DocFox CEO, Ryan Canin, in a press release to Ventureburn. The web-application conducts various fraud checks to ensure document authenticity and compliance; it also allows all communications with clients to...

  • She Leads Africa announces Demo Day winner

    She Leads Africa (SLA), an ecosystem designed to help young African women make their entrepreneurial dream a reality, has announced the winner of their 2016 accelerator. The 2016 SLA Accelerator Programme began in July in Lagos with help from companies such as Work in Progress, Alliance and Guaranty Trust Bank. This programme was aimed at identifying, supporting and funding some of Nigeria's brightest female entrepreneurs. Fresh Direct Produce and Agro-Allied Services were announced as the winners of the Investor Demo Day and have won an N2-million investment from SLA as well as business support services. Fresh Direct Produce and Agro-Allied Services is...

  • AlphaCode attracts over 1000 members

    Fintech accelerator AlphaCode has reached over 1000 members in a single year. The Rand Merchant Investment (RMI) initiative has seen eight member-to-member deals and invested R9-million into 11 various black-owned businesses through their partnership with Bank of America Merrill Lynch. AlphaCode has also invested in Merchant Capital, which provides alternative working capital for SMEs in SA. "The Rand Merchant Group has a history of partnering extraordinary entrepreneurs who have built disruptive, successful businesses such as RMB, Discovery and OUTsurance," said senior investment executive at RMI, Dominique Collett. Companies that joined AlphaCode cover various sectors of industry. These range from lending, payments and financial literacy to blockchain...

  • Fintech Circle Innovate announces partnership with CiTi

    London-based fintech accelerator, Fintech Circle Innovate has announced a partnership with one of SAs oldest tech hubs, the Cape Innovation and Technology Initiative (CiTi). The partnership will aim to fast track fintech development in SA as well as the rest of the continent. "The partnership with The Cape Innovation and Technology Initiative (CiTi) is a logical and obvious choice for us," said CEO and co-founder of Fintech Circle Innovate, Nicole Anderson, in a press release to Ventureburn. "CiTi has a long-standing history as the most experienced incubator in Africa, plus we are both leaders in innovation in our regions. The opportunity and use case...

  • Seedstars World heads back to Rwanda

    Global pitching competition, Seedstars World heads back to Rwanda for the next leg of their competition on 6 December 2016 and will take place at Rwanda Online's headquarters. Travelling to more than 65 countries, the pitching event aims to find the best startup to represent their respective countries at the final pitching event in Switzerland in 2017. Selected finalists pitching in Switzerland stand a chance to win up to US$1-million in equity as well as the opportunity to network with industry professionals and mentors from around the world. Eligible companies to pitch at Seedstars Kigali need to be less than two-years old and...

  • OfferZen passes recruitment milestone

    Online recruiting marketplace, OfferZen has helped more than 250 SA companies recruit top software developers through their platform. The recruitment platform has recently passed its recruiting milestone, having averaged 40% compound growth each month since its launch. According to OfferZen, they're now placing one developer into a permanent position every day. Software developers seeking a new job create a profile on the platform, which is followed by an advisory process on the hiring process of companies on OfferZen. The job seeker, with help from OfferZen, negotiates their salary and prepares for an interview to best understand how to market and sell themselves. To ensure that...