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Mobile

  • Fundamo founder Hannes van Rensburg joins payments startup Nomanini board as advisor

    South Africa's mobile startup space just got more exciting. Mobile industry superstar and trained nuclear scientist Hannes van Rensburg has joined the board of the fast-growing mobile startup, Nomanini, as advisor. Van Rensburg's reputation skyrocketed when he exited mobile financial services company Fundamo for a massive US$110-million to Visa in 2011. The entrepreneur went on to claim awards recognising him as one of the world's top 100 most influential players three years in a row. After working as senior VP at Visa and starting an earl-stage investment firm called Piorex, van Rensburg has been on sabbatical over the past couple of years. Read...

  • Emerging markets mobile micro-insurer BIMA scores $38.4m in funding

    Emerging markets-focused provider of mobile-based micro-insurance BIMA has raised US$38.4-million in Series C funding from its existing shareholders. According to BIMA, the capital will be used to fuel new market entry across the regions as well as scaling its ‘Pay-As-You-Go’ distribution model, in which the company sells direct to the consumer. The company says that the investment will also support innovation and product development with a focus on expanding the MFI offering and development of BIMA’s mobile-delivered health services. Read more: Micro-finance: the fuel or fall of entrepreneurship in emerging markets? According to a press release sent to Ventureburn, BIMA provides...

  • Meet NicheStreem: SA’s curated streaming service for music lovers

    Just two blocks up the road from where she pitched her latest startup at a Seedstars World event, sits the headquarters of NicheStreem -- entrepreneur Catherine Lückhoff's music- streaming play. Launched in March this year, NicheStreem has developed a technology that enables it to provide unique, curated music streams for specific markets around the globe and looks set to make waves in the global online music industry, one niche community at a time. The idea that "niche doesn't necessarily equal small" resonates strongly with the startup's business philosophy. Its first product app is a proof-of-concept called Liedjie, which will focus solely on...

  • ZipZap partners with Microsoft to turn your mobile into a PoS solution

    ZipZap, the mobile PoS solution from Paycorp, has partnered with Microsoft Mobile to offer businesses and retailers the ability to accept payments using Windows Phone devices. According to a recent press release, ZipZap's mobile PoS together with a Lumia smartphone will help merchants accept all card payments, issue e-receipts via SMS or email, and view a detailed transaction history via the app or the online merchant portal. Business-to-Business (B2B) lead at Microsoft Mobile Veran Maharaj says that Microsoft is committed to reinventing productivity and business process: Together with Paycorp, we are able to offer businesses a mobile payment solution that is not...

  • Loyalty payments on the rise for SA ecommerce, according to survey

    PayU, a leading online payment provider in South Africa, has released some interesting data from a recent study about South African's online payment habits. The study reveals that more South African online shoppers are using loyalty payments. According to Mustpha Zaouini, CEO of PayU, credit cards are still the first choice for online payments, with loyalty and EFT options gaining steady growth. The EFT statistic is especially interesting considering consumers were hesitant to use credit card for online payments only a few years ago. An increase in loyalty points accumulation and spending could point to a rise in overall expenditure. Several...

  • Terragon Group: Africa’s mobile startups should look to new monetisation channels

    From payment solutions like M-pesa, SnapScan and FlickPay to unique entertainment solutions like Bozza and medical solutions like the Mobile Triage App, mobile technology presents unique opportunities for Africa's startups. One such opportunity is the mobile advertising space, which is why African-focused digital media company Terragon Group recently launched its latest unique mobile offering at the World Mobile Congress in Barcelona. In a Q&A with Terragon’s Group CEO Elo Umeh, he explained why Africa is such a peculiar market and why it's important to look for new monetisation channels. " has huge opportunities as well as unique challenges. However, the continent...

  • Meet the Kenyan startup that can turn your airtime back into cash

    Data speed, coverage and mobile money transfers are only some of the factors that Kenyans need from their mobile network operators. A single network might not have the best offerings in all these areas so it's therefore commonplace to see some people own more than one SIM card. That is where Chura comes in. Chura (which means frog in Swahili) is built on the idea of leaping from one network to the other,...

  • Terragon Group to unveil innovative Africa-focused mobile ad tech at MWC

    The major African digital ad agency, Terragon Group, is unveiling its latest technology offering at the Mobile World Congress (MWC) in Barcelona, Spain this week. The product will enable advertisers to reach Africa's massive mobile audience, even through non-internet platforms. Called Adrenaline, the technology leverages channels such as USSD based balance enquiry, Call-Me-Back messages, End of Call Notification among others. “We identified that more innovation can be fostered through integration of available non-internet based mediums which we tied to the advert network of one of our businesses, Twinpine Limited," explains CEO Elo Umeh says in a presser. "We combine and integrate...

  • Orange, Ecobank team up to launch new money transfer service in Africa

    Pan-African banking group Ecobank and major telecom Orange have rolled out a service that will enable Orange Money subscribers to transfer money between their respective accounts. Mobile remittance is on an up in Africa. Amazingly, of recent, it is sidestepping the issues that hogged it early in its entry, reluctance from users because of security being among the top barriers to entry. The market is warming up to the idea of never setting foot in a bank or carrying money in a wallet. As this trend keeps on growing, more and more alternatives are popping up from clever startups to...

  • Wallettec integrates SnapScan in South Africa to enhance PoS experience

    Walletec, a mobile wallet integration company from South Africa, has integrated SnapScan to further advance its plans to become the single interface point between the Point of Sale (PoS) and any mobile or e-wallet solution. In a country like South Africa where mobile payments are a growing trend, this is a necessary process to enable wider market access for people who find payment options to be limited. “Wallettec assists retailers and mobile money providers by supplying them with a single integration point into existing PoS systems, meaning it can accept any digital wallet hassle free through a single transaction," says...