• 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 Staff Reporter

  • Nigerian fintech Lidya raises $6.9m in Series-A round led by Omidyar Network [Updated]

    Nigerian fintech startup Lidya has announced that it has raised $6.9-million in a Series A round led by Silicon Valley-based philanthropic investment firm Omidyar Network. The startup's platform assists small African businesses to manage their funds as well as access credit. The startup was founded in 2016 by Tunde Kehinde, and Ercin Eksin. In an announcement in a statement yesterday (23 May) Lidya said the funding will be used to scale operations in Nigeria, as well as to launch in new markets in Africa, in addition to hiring more staff and expanding the company's loan book. A total of five investors: Alitheia Capital, Accion Venture Lab,...

  • Visa’s Everywhere Initiative: Past winners on 4 reasons to apply [Sponsored]

    Exposure, partnerships, funding, and access. These are the four main reasons why you should apply for the Visa Everywhere Initiative (VEI), according to past winners of the programme. Just days before entries for the sub-Saharan Visa Everywhere Initiative draw to a close, hear from five past winners -- founders of Loop and Tie, Kompas, QPal, Losant, and Xmore -- why you should definitely apply for the fintech development programme. When evaluating submissions for VEI, Visa focusses on startups that have ideas relevant to its business. In addition, the company considers whether startups have a product in the market, traction with early...

  • Uber Eats acquires SA founded tech firm orderTalk for undisclosed amount

    Uber's food delivery business Uber Eats has acquired SA tech company orderTalk from Knife Capital, the Cape Town based venture capital (VC) firm revealed today (23 May). OrderTalk provides online ordering software to restaurants that integrates with a restaurant's point-of-sale system. Knife Capital's announcement was revealed in a news story by SA tech site TechCentral. The terms of the deal -- including how much Uber Eats paid Knife Capital and orderTalk in the deal -- were not been disclosed. OrderTalk was founded by Hilton Keats in 1998. Today it is based in Dallas, Texas. Uber's food delivery business Uber Eats has acquired 100% of SA tech company orderTalk Knife Capital invested...

  • Facebook to take on Google in Nigeria with new hub, $20 000 accelerator

    The tech startup scene in Nigeria is hotting up -- with the unveiling today by social media site Facebook of NG_Hub in Lagos, Nigeria and a new Facebook accelerator programme which will offer Nigerian startups $20 000 in equity-free funding. The new hub sees Facebook taking on Google's Lagos-based Launchpad Accelerator, which was launched earlier this year. In a press release today Facebook said the hub -- which it will run in partnership with Nigeria's CcHub -- is Facebook's first community hub in Africa. The launch today (with Ime Archibong, vice-president of partnerships at Facebook pictured above) is part of a week-long celebration by the social network which will bring together...

  • Seedstars launches call for African tech startups to enter pitching competition

    One of the world's largest emerging market competitions for tech startups Seedstars World today opened applications to tech startups in Sub-Saharan Africa to apply for its 2018 edition. Local winners will be invited to represent their country at the Regional Summit in Africa and win a trip to Switzerland, to introduce their startup to some of world’s most prominent investors and executives and enjoy the opportunity to win up to $1-million in equity investments and additional prizes. So far Seedstars has held two pitching events in Africa, both earlier this month. In Egypt on-demand home nursing service 7kemma came out tops, while...

  • Top startup events in South Africa, Africa you should know about this week [21/05/2018]

    Looking to get into the South African startup scene or brush up on some of your skills? Well, you’ve come to the right place. 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 next week’s, please let us know in the comments below or send us an email. Not all of the events are free and some will require booking in advance. Please click on the event names to find out...

  • SBC Africa in final call for applications for Cape Town accelerator [Sponsored]

    The team from Startupbootcamp Africa (SBC) are edging to the close of their 2018 FastTrack tour which saw them, along with their sponsors, criss-crossing the globe in search of top-tier tech talent who are disrupting industries and innovating on a world-class level. The FastTrack tour visited 17 countries and will conclude with the final FastTrack on 22 May in Cape Town. The Cape Town FastTrack, hosted by Old Mutual, is the last chance tech startups have to attend one of these scouting events ahead of the accelerator. Although attendance at a FastTrack is not necessary to apply to the final accelerator, it...

  • Bankroll your startup to excellence today [Sponsored]

    You need to make sure your business is taken care of as much as possible these days, and this means you should look at ways of financing it. Having the money to bankroll your business is so important because it helps you attain success, and keeps the company’s head above water. There are so many unique and exciting ways of financing the brand these days, and this is so important. As a business owner, you have to make sure your company has the financing it needs to progress and improve. There are a lot of reasons why the business might require...

  • Sanofi announces the 10 African startups set to pitch at VivaTech

    Global biopharmaceutical firm and Viva Technology partner Sanofi has announced the 10 African startups selected as finalists in its Sanofi Afric@Tech initiative. The finalists are set to pitch their health innovations before a panel later this month at startup conference VivaTech which will be held in Paris next week -- between 24 and 26 May. It will be the first time at the startup conference that a track dedicated to African innovation will be run. Selected projects will be offered the opportunity to benefit from financial support and from a coaching and mentoring programme by Sanofi, in order to prepare an eventual collaboration with one of...

  • Africa startups, investors to connect at London tech summit today

    The third Africa Tech Summit London -- which aims to connect the African tech startups with European investors is set to kick off today. The annual summit will feature a line up of over 25 expert speakers, including representatives from Thomson Reuters, London Stock Exchange Group, MTN, Ecobank and the British parliament. Tech investors from Cairo Angels, Ventures Platform, UpRise Africa, Echo VC, AHL Venture Partners, Draper Dark Flow, and TPG Africa will also be at the summit. In an earlier statement, Africa Tech Summit London founder Andrew Fassnidge said the London gathering "continues to build a bridge between the African tech industry, global...

WP Twitter Auto Publish Powered By : XYZScripts.com