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Startups

  • 4 startups that make ‘giving’ part of their culture

    When people discuss the startup sector, the emphasis is often on money – how much capital the founders have raised, profit margins, and even IPO prices – but what if we reversed this formula? Instead of focusing on profit, what if we shifted our attention to how startups give back to their communities? Though often overlooked, many of these same companies have made giving a central component of their overall mission. Startup-based giving takes many forms, ranging from charity-centered brands whose services are a direct path to giving to companies that use their corporate platform as a launching point for...

  • This startup wants to be the Google for your personal data

    Picture this: It’s an awfully busy day. In midst of all the chaos an email lands in your inbox, from your boss demanding certain documents urgently. What do you do? Spend next 30 minutes frantically searching for the documents across your multiple accounts. No luck. Panic sets in. What if there was an easier way to do the same task in less than 5 minutes? That’s VaultEdge. This new startup is aiming to be the Google for your personal data. VaultEdge is a vault that will automatically organize all your documents from multiple accounts into categories like taxes, bill, and so on....

  • Fintech startup My Treasury helps users with savings rates

    Having launched at the end of September, My Treasury, is a free-to-use startup service which provides financial savings solutions based on a few questions. The startup is founded by Michael Kransdorff, Simon Shear, and Daniel Rubenstein. The platform uses a complex algorithm with the system scouring 670 different savings rates at eight institutions. These institutions include the likes of Standard Bank, Absa, Nedbank, FNB, and Investec. Users are asked to fill in questions pertaining to their savings range as well as how much they'd like to save. The algorithm takes the users answers and offers them saving solutions based on what they've answered. My...

  • FbStart: Facebook’s startup drive gathers local steam

    Facebook has made a concerted effort to court mobile-based startups with its FbStart initiative. The programme offers qualifying app developers year-round support, access to a global community of startups and a suite of tools to the value of up to US$80 000. These tools include MailChimp, Dropbox, and Stripe. FbStart is divided into two categories, namely Bootstrap and Accelerate. The former category is for apps that have just launched, while the latter is for "thriving" apps that need to grow even more. The initiative made its way to the African continent a while back, so what has the progress been like? How are...

  • This startup will soon allow you to make mobile payments using sound

    With the launch of their pilot program earlier this month, fledgeling Singapore startup, Aimazing is a step closer to commercialising their new sound technology solution for mobile payments. Aimazing’s goal is to offer the mobile payments market a more accessible option than the near field communication (NFC) technology currently in use. The startup’s solution has carried it to a top 30 finish in Slush Singapore 2016, which was held in September. It also earned them a place in season four of Channel NewsAsia’s Start-UP program. Aimazing vs. NFC chips “Phones are made to produce sound,” said COO and co-founder Yar Hong Chiong....

  • Spritzed: the startup helping other startups find working space

    Whether you're in the process of putting your startup together or have been in business for several months, you'll need your own working spce. Sure, you can work from home (which contains more distractions than it should) or sign several year-long leases, but what if your startup doesn't survive more than a few months? Enter Spritzed, the startup that's aiming to help other startups find flexible workspace. Spritzed is an online marketplace and facilitator of unused office space. The startup allows coworking space owners, serviced office managers, and even tenants who have under-utilised office space to list and monetise their space. In...

  • Our 12 favourite startups from the 2016 Innovation Summit

    Hosted in Johannesburg, the four-day Innovation Summit played host to a range of activities and events. Among these was the Ventureburn Pitching Den, which saw 40 startups pitch for a chance to compete at the Startup World Cup in 2017. Over the two-day period, the Pitching Den was filled with all manner of entrepreneurs from all walks of life. While many of them pitched eco-friendly products, others looked to more traditional and IP-based companies. Here are our favourite startups from the two-day Ventureburn Pitching Den event: Baoberry - creators of the "wetland in a box," this product is an all natural...

  • 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,...

  • 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...

  • Innovation Summit: watch and learn at Ventureburn Pitching Den [Native Article]

    Pitching your business/startup to potential investors is a daunting task for almost any entrepreneur, but what better way to get pointers than by watching a high-stakes pitching process? We've teamed up with the SA Innovation Summit for the Ventureburn Pitching Den Competition, offering some attractive prizes to winning startups. The competition, taking place at the summit's Market on the Edge exhibition area, will see startups pitching their businesses to a panel of judges. The panel will judge the businesses using several criteria, including innovation, financial performance and strategic direction. What do the startups gain? So what kind of prizes are up for grabs then? Well, the overall winner gets...