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Startup news

  • Nomanini sees 1 500% transaction growth

    Pan-African payments startup Nomanini revealed on Monday that, over the past 20 months, it has seen 1 500% growth in transactions on its mobile point-of-sale (PoS) platform for informal markets. Founded in 2010, Nomanini has designed a payments platform, which provides merchant aggregators with sophisticated business insights via a cloud-based platform, and merchants and micro-entrepreneurs in informal markets with the means to sell different types of services electronically and create a sustainable income. Having hit one million transactions in August 2014, the company has seen growth of 1 500 percent since then, and recently saw the 16 millionth transaction take place...

  • Recruitment marketplace OfferZen sees fantastic growth in SA dev sector

    Since Ventureburn last caught up with recruitment marketplace OfferZen in January, the Cape Town-based company has been flaunting some impressive growth. It has strengthened its team from three to nine in order to expand its operations to Gauteng and ultimately corner SA’s software developer job market. OfferZen is an online jobs marketplace for software developers. Both the companies seeking developers and the developers themselves apply to be listed on the website. Once accepted, companies send interview requests to developers, specifying salary, and benefits upfront. The developer can then choose whether they accept the interview request or not. While certainly not limited...

  • 12 African fintech startups to duke it out in Mauritius

    Innotribe has announced the 12 semi-finalists for the second edition of its Startup Challenge in Africa. Drawn from 89 entries, the startups represent the best up-and-coming fintech ventures from five countries across the continent. The startups, which will compete in Mauritius for a chance to attend Sibos, SWIFT’s annual global financial services conference, taking place from 26-29 September in Geneva. The Mauritius event, which is set to attract more than 500 delegates from 40 countries, is one of two regional SWIFT Startup Challenge events with the Latin American event taking place in Mexico City toward the end of June. While all the...

  • Book flights from anywhere with relaunched Travelstart app Flapp

    Ecommerce travel venture Travelstart has relaunched its flagship flight-booking app Flapp. It has been expanded beyond its initial Cape Town and Johannesburg flight paths. According to a press release sent to Ventureburn, Flapp now offers flights anywhere in the world. Customers are able to book any domestic or international flight from the app. This includes airlines such as Turkish Airlines, Lufthansa, and Delta Airlines. "Flapp is like having Travelstart in your pocket – we have invested considerable resources in distilling the form and function of our website into an app environment and with 50 000 downloads across iOS and Android devices so...

  • Trading radio for ocean-cleaning drones: Richard Hardiman’s new adventure

    If you're a native Capetonian, you probably know Richard Hardiman as a radio DJ -- he was a host on commercial radio station KFM for the best part of 16 years. And if you're in the South African tech space, you might be familiar with his involvement in online radio station 2OceansVibe. But now the guy once known as "the party man" is on a mission to clean up the world's oceans and waterways using autonomous drones. For the past couple of years, Hardiman has headed up a startup called Ranmarine with the ultimate goal of building what are...

  • Student Hub to launch new elearning service for students

    Educational ecommerce platform for buying, selling, and renting textbooks, Student Hub is launching an elearning component. According to a press release sent to Ventureburn, this new addition will allow students at institutions to access study support tools. The startup already facilities a range of students at educational institutions in South Africa and Africa, meaning the service will offer greater benifit to students. "The delivery of learning information at tertiary educational institutions and the ease of learning the content shouldn’t come at premium prices," says managing director and founder, Hertzy Kabeya. He goes on to say: "We do this by helping with learning support. And...

  • African fintech startup goes past $1bn in transactions

    African fintech startup Zoona this week announced that, since going live in 2009, it has processed more than US$1-billion in transactions. Playing in the highly competitive mobile payments space, the service operates predominantly in Zambia and Malawi. Using a network of entrepreneur agents, the Zoona allows ubanked consumers access to money transfers, bill payments and other financial services. According to a press release sent to Ventureburn, the company’s entrepreneur agents serve more than one million customers every 60 day, across close to 1 500 locations. "Zoona was born from an idea in a text message," says Zoona CEo Mike Quinn....

  • Top startup events in South Africa, Africa you should know about this week [18/04/2016]

    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...

  • Giraffe receives undisclosed seed funding from Omidyar Network

    Recruitment service startup Giraffe has closed a round of seed funding from Silicon Valley-based VC fund Omidyar Network. The VC was established by eBay founder Pierre Omidyar. When inquiring about the funding amount, Giraffe declined to disclose the amount publicly. "Omidyar Network’s focus on job creation and particular expertise in marketplace networks makes them an excellent strategic fit for Giraffe," says co-founder and CEO of Giraffe, Anish Shivdasani. He goes on to say, "We're very proud to have a Silicon Valley investor supporting a South African company, especially at this troubled time of prevailing economic malaise." According to the principal of investments at Omidyar Network, Charmaine Padayachy, the VC...

  • LeWeb founders announce new startups

    Long-time Burn Media readers know how important LeWeb is to Burn Media. It was at the Paris-conference, after all, that the first lines of code for our flagship site Memeburn were written. So when we receive news that conference founders Loic and Geraldine Le Meur are launching their own startups, we're bound to sit up and take notice. Both startups launch in May at exclusive events in Paris and both are aimed at continuing LeWeb's original vision of helping out entrepreneurs. Geraldine is launching The Refiners, a cross-border accelerator aimed at helping foreign startups thrive in Silicon Valley (co-founded...