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All posts by Staff Reporter

  • The Sun Exchange wins at African FinTech Awards

    Crowd-lending solar energy project startup The Sun Exchange placed first in the Bitcoin & Block Exchange category at the African FinTech Awards (AFTA). Three finalists per category were given only seven minutes to pitch why their company deserved the respective award. Companies had to touch on their innovation, brand, user interface, performance and results to win the judges over. Finalists were then chosen by judges, as well as by public vote. BitPesa snagged the Public Award in the same category. The panel of judges comprised industry professionals such as the chief digital officer of Wealth Migrate, Jay Thomson; CEO of Meniga, Georg Ludviksson and CEO of Curve, Fred Baumhardt. It...

  • Tickets now available for fintech VentureTrain event

    Tickets are now available for the latest idea to get startups talking, the VentureTrain. The theme of this journey will be fintech and will take place from 17 to 18 November. The event aims to bring entrepreneurs, venture capitalists, thought leaders, and more together in order to share their knowledge and debate entrepreneurship in SA. VentureTrain will be happening on the Shosholoza Meyl Premier Classe Train and will depart Johannesburg Park Station and head for Cape Town. The event is created by SiMODiSA, which was founded by managing director, Matsi Modise. There have been two previous VentureTrains, but this is the first one to be advertised publically. Tickets will...

  • Top startup events in South Africa, Africa you should know about this week [17/10/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you've come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Thomson Reuters Lab launches at Bandwidth Barn in Cape Town

    Mass media firm Thomson Reuters has Friday announced the launch of its Thomson Reuters Labs at the Bandwidth Barn in Woodstock, Cape Town. The company notes that the Labs will "engage with the region’s vibrant innovation ecosystem and dynamic startup community to fuel growth and empower success for Thomson Reuters customers worldwide". According to the press release, the Lab will have two primary functions, namely innovation and partnership. "Thomson Reuters Labs is an engine of innovation for our company, leveraging creative partnerships to deliver real solutions for our customers," explains the company's VP for Thomson Reuters Labs, Mona Vernon. "Through our growing Labs...

  • Universal Technology Holdings acquires 51% of MiBRAND

    Business solutions based company Universal Technology Holdings (UTH) has acquired 51% of MiBRAND, an app focusing on specials for consumers. The acquisition will allow MiBRAND to receive both funding and infrastructure for expansion. "Using our investment and new found resources we will be focused on increasing our global footprint, starting with the launch of our mobile development branch in Asia," says the co-founder of MiBRAND, Salvatore Barras, in a press release to Ventureburn. Since the app's launch in July, it has received over 2500 downloads, the developer claims. It also went on to win the People's Choice Award at the MTN App of the Year awards. The startup...

  • Top startup events in South Africa, Africa you should know about this week [03/10/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Uncovered: Ventureburn lists South Africa’s fintech ecosystem [update]

    Financial technology, or Fintech as the buzzword goes, is a hot topic in the international startup industry. Companies launching in this space are usually looking to disrupt banking institutions, the way money is handled, or empowering those without access to cashless payment systems. In SA, these startups cover a broad range of industries, from Blockchain to Lending, and even Remittance. It's an industry that has gained phenomenal traction with the likes of PayFast, FinCheck, and BitX making waves in SA. Ventureburn has created an infographic on all of the companies that we know about and categorised (in a broad sense). Of course,...

  • Seedstars World is looking for 10 startup contestants in Uganda

    Ugandan startups are in luck as international pitching competition Seedstars World is heading back to the country on 30 September. The event will be looking for the country's best tech-based startup out of 10 contestants. Entrepreneurs wanting to enter their startups will need to have a company that is less than two years old, has raised under US$500 00o in funding, and has a minimum viable product with traction. The competition is looking for profitable products that solve regional issues. "This year's theme of finding startup companies that will solve regional issues means that they will be able to drive their profitability while...

  • Top 31 entrepreneurs under 40 making waves in South Africa [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. The All Stars listed in the articles are compiled using a combination of our editorial team’s own knowledge, that of experts in the fields covered by each article, as well as public vote. There's a variety of talent in the South African startup space. Each and every year we're seeing more and more interesting startups coming out of the...

  • MyFinda, the ‘first’ search-engine in Kenya

    Myfinda, which claims to be the very first search engine developed in Kenya, has officially been launched by Finda Mobile Application Limited last week. Since the initial activation in January, they've had over 5000 downloads and over 400 businesses registering, the company revealed in a press release emailed to Ventureburn. "The purpose of Myfinda is simple, to make the Kenyan local business visible and accessible," said CEO and founder of Finda Mobile Application Limited, Maliha Sheikh-Sevany. MyFinda is a mobile application directory which enables a business to increase their visibility within the marketplace. It provides customers with access to updates regarding jobs, fashion and currency, to name a few. MyFinda's subscription...