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Startup news

  • GoMetro announced as finalist in the 2014 Meffys Awards

    GoMetro seems to be on the right track. The transport data startup from Cape Town, South Africa has just announced that it's been short-listed in two categories in the international 2014 Meffys awards. The renowned Meffys international awards competition seeks to reward innovation in the mobile ecosystem. It's said to have attracted over 250 entries across 30 countries across 13 categories, which includes mHealth, Mobile Education and Big Data. GoMetro will be competing in the Social Responsibility & Development category with its GoMetro USSD service (*120*4668#), as well as the Innovation in a Growth Market category with its GoMetro Mobile Website. If...

  • Ampion Venture Bus launches crowdfunding campaign on Indiegogo

    The fellowship programme behind Ampion Venture Bus has launched a crowdfunding campaign on Indiegogo this week. The initiative is looking to raise US$35 000 before 26 October. The money will be used to take more than 160 participants across the continent, in four buses, in a mission to churn up a group of savvy startups and further promote the evolving African tech scene, both locally and abroad. While there are perks to be gained such as T-shirts and the like, supporters of the Indiegogo campaign have the opportunity to house or, as they put it, adopt one of the startups or...

  • SA startup ApexPeak secures $23-million deal with Karu Exporters

    Hailing from South Africa and Singapore, ApexPeak recently secured a massive US$23-million deal, further establishing itself as a force to reckoned with. ApexPeak allows cash-strapped SMEs to sell their invoices in return for money. In a bid to take its services beyond the small business space, the company has included insurance clients, as well as South African citrus fruit grower Karu Exporters. The US$23-million export finance deal will see Karu receive monthly disbursements in various currencies until the end of 2014 to help it meet the export demand quicker. Setting itself apart from traditional banks, ApexPeak's partner Aztec claims to...

  • Data and transport app GoMetro wins Get in the Ring 2014 Africa finals

    South Africa's GoMetro has recently been named the winning African startup by Get In The Ring (GITR) in Rotterdam, the Netherlands. The transport and data app has been on a roll of late, recently named one of the top ten startups of DEMO Africa 2013 and as well as PwC's Vision to Reality Awards recently. Speaking to Ventureburn, Justin Coetzee, the founder of GoMetro, notes the massive confidence boost this recent win brings to the three-year-old Cape Town-based company: "This is a massive validation for the ability to come up with an idea and build it at the tip of Africa that...

  • Over launches Quick: the ‘fastest app’ to add text to photos

    We've covered Over numerously in the past, listing some inspirational uses of its software, but now the Cape Town startup is launching an all new app dubbed Quick -- a free app for adding text to images. Over's eponymous app found acclaim and massive popularity Stateside and allowed creative users to add filters, memorable quotes and tinker with the snap. So far it boasts over 9 million iOS downloads. Quick, as the company (and the name) notes, is more about getting your images out there, quickly. "People put text on photos to accomplish a myriad of tasks; selling things on Craigslist,...

  • PwC Vision to Reality Awards dubs WiGroup SA’s top startup of 2014

    Corporate, meet entrepreneurship. Entrepreneurship, meet corporate. In a grand effort to celebrate small innovative companies in South Africa, PricewaterhouseCoopers (PwC) recently announced the winners of its Vision to Reality accelerators programme. In-store mobile transacting startup WiGroup came up top with transaction authentication service Entersekt given second place. In third, there was a tie between Cape Town animation studio Triggerfish and elearning startup IT School Innovation (ITSI). A first of its kind in South Africa, the top ten finalists were given the opportunity to showcase their innovative companies in order to gain access to leading advisors and a direct route to seed...

  • SA’s Snapplify eyes other emerging markets as it expands to South America

    South African ebook distribution startup Snapplify recently announced that it's taking its electronic retail platform to other emerging markets, starting with South America. The company hopes its unique knowledge of the South African market will help drive ebook adoption in other countries with similar characteristics around the globe. In a blog post, Snapplify Founder Wesley Lynch explains the attractiveness of the South American expansion, saying that there's a definite market gap in emerging markets: "Many publishers will try to employ models for ebook distribution and sales that work in the US and UK, but these will not necessarily work in emerging economies...

  • SA’s MySidekick wants to be the shopping assistant in your pocket

    MySideKick is a new app for South Africa's shoppers. The free app claims to give easy access to specials, promotions, sales, products and coupons of some of the country's major retailers based on your location. Recently launched by entrepreneurs Leonard Brewer, Mark Pratt, Charles Guise-Brown, Ian Banneman and Corinne Lategan, the startup wanted to develop an app that saves South African's time and money. So far, a number of leading retailers have already linked onto the network and form part of the MySidekick App ecosystem, including BT Games, Edgars Club, Incredible Connection, Midas, Spar KZN, Tiger Wheel & Tyre...

  • 22seven now officially free for everyone

    Yup, you heard right. Money management platform 22seven is now free, according to an email from founder Christo Davel. The move to take the platform free will start today. "We’ll no longer charge a subscription fee for the current service," the email to users reads. The platform has been slowly moving toward making the service free since its inception. Previously users were charged R70 a month to access its money management system but this was later reduced to R25. "We’re doing this because we have great plans," Davel adds in the mail. According to Davel, 22seven is great at helping people manage their...

  • CcHub Nigeria launches $500K seed funding for its pre-incubation startups

    Nigeria's Co-creation Hub (ccHub) is kicking things up for the next two years with the launch of a US$500 000 seed fund to support early stage startups. Located in Lagos' up-and-coming tech neighbourhood, ccHub is a social innovation centre dedicated to providing a space and accelerating tech startups. "We leverage a community of progressives -- software developers, organizations, government officials, businesses, academics who bring their creativity and knowledge into play in crafting novel ways to address the myriads of social and economic challenges that impact the lives of Nigerians every day," says the hub. This new fund will be disrupted...