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Enter the 2017 Ventureburn Startup Survey and win an iPhone 8, more!
Ventureburn, in partnership with Telkom Futuremakers and analytics company Qurio, is proud to announce the launch of the second annual Ventureburn Startup Survey. We are looking again to uncover the nuts and bolts of the startup sector and answer questions like: What are the major challenges facing the country’s entrepreneurs? What do South Africa’s startup founders look like? What sectors are startups more prevalent in? What types of funding are startups securing, and where are they getting their money from? Why are people flocking to startups to work there? Where is the most startup activity happening in South Africa? We will share the findings...
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SA analytics startup Syenap honoured by CIOReview magazine top-20 listing
SA startup Syenap, which provides data analytics to improve customer experience management, has been selected by global magazine CIOReview as one of 20 most promising CEM solution providers of 2017. In a press release, Syenap CEO Elad Segev (pictured above with CIO Kerry Nel) said the recognition by the internationally respected publication is a proud achievement for the company. CIOReview said in its review of Syenap that the Johannesburg-based company "brings the power of real-time analytics to retailers’ fingertips with powerful tools that can record and scrutinise the data, including details like the number of shoppers frequently visiting not only the stores but also certain areas within the...
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SA shopping community SnapnSave reports R40m in sales to brand partners
SnapnSave, which claims to be South Africa’s number one cashback coupon app, has reached a milestone having delivered over R40-million in retail sales, 50 million impressions and seven million engagements for brand partners including Reckitt Benckiser, Tiger Brands, Nestle and SAB. In a press release earlier this month the SA company said it expects these numbers to treble in the next 12 months. Snapnsave founder Mark Bradshaw claims one in eight South African smartphone users have already used a digital coupon. "Historically, the challenge in SA has been that digital coupons have been limited to specific retailers. SnapnSave till-slip technology allows shoppers to get cashback wherever they...
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Top startup events in South Africa, Africa you should know about this week [16/10/2017]
Looking to get into the South African startup scene or catch 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...
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Q&A: Wala CEO on tackling financial exclusion in emerging markets
Imagine life without access to crucial financial services, the convenience of having a bank account, the means to save towards a goal or put away money for a rainy day, or even the ability to send money to loved ones quickly and securely in emergencies. This is a reality for billions of people living in developing and under-developed regions around the world. Enter Wala, a Cape Town-based fintech startup on a mission to tackle financial exclusion using blockchain. Over the next five years, the company aims to provide zero-fee financial services to 3.5 billion unbanked consumers in emerging markets through its Wala Financial Platform. Wala...
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Here are the winners of the 2017 MTN Business App Of The Year Awards
The sixth edition of the MTN Business App of the Year Awards was held last night in Johannesburg. Although the overall winner for the night was Shyft, a Standard Bank project, a few startups managed to grab some accolades, including Hey Jude, OrderIn, EcoSlips and IntergreatMe. On-demand delivery platform Zulzi was also crowned South Africa's favourite app after it got 48 000 votes, clinching the People's Choice category. MTN Business App Of The Year Awards are organised around 12 categories The app development competition aims to celebrate local apps that drive disruption and change. The competition is organised around 12 categories. Here are the...
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Kenyan startup Lori Systems wins TechCrunch Battlefield Africa
Nairobi-based logistics platform Lori Systems won the inaugural edition of TechCrunch Startup Battlefield Africa which was held in Nairobi, Kenya on Wednesday. The Kenyan startup came first in the productivity and utility category and was selected as the Best of Show winner after pitching against 15 other startups to win a $25 000 prize. Lori Systems will also get an all-expenses paid trip for two to San Francisco where it will compete at Disrupt SF 2018. Lori Systems was founded by Josh Sandler (pictured left) in 2016. It connects and coordinates cargo owners with transporters across Africa. TechCrunch Battlefield Africa saw 15 startups compete for the...
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Hi5, from side-project to servicing 1700 companies across five countries
Hi5, a cloud-based platform that allows employees to rate each other, was initially a side-project that Gary Willmott started in 2015 after he noticed the complexity of HR in small businesses. Two years later, Hi5 services around 4500 users from over 1700 companies in Australia, New Zealand, UK, the USA and South Africa. The Hi5 app is available on Android and iOS. It currently has two pricing plans: Hi5 Basic which is free and Hi5 Business, which is $7 per person monthly. Willmott did not wish to divulge how much revenue the startup has generated since launch. Hi5 allows people to grow within...
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Fintech startup Wala secures equity investment from Newtown Partners
Newtown Partners, a seed-stage venture capital firm founded by Llew Claasen and Vinny Lingham, announced an investment of an undisclosed sum into Wala, a Cape Town-based blockchain-enabled fintech platform. In a statement last week, Newtown Partners marketing partner Inge Lok said the investment will help Wala bring about its aim to provide zero-fee financial services which include insurance, transactional banking, remittances and loans to around 3.5 billion unbanked consumers. Wala is planning a roll-out of its Wala Financial Platform in emerging markets in Africa Wala's financial services community currently has one million consumers in over 100 countries. The startup has also been testing a...
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Edtech incubator Injini launches, unveils the eight tech startups in its first cohort
Injini, a Cape Town-based edtech incubator, officially launched last night (10 October) and unveiled the eight startups that have been selected to join its first cohort. Eight startups from Ethiopia, Kenya, South Africa, South Sudan and Tanzania pitched at the event, held in Cape Town. The eight startups are Accelerated, Early Bird, M-Shule, Mtabe, Syafunda, Uthini, Yo' Books and Zelda. Speaking at the launch, Injini co-founder Jamie Martin lamented the state of education in South Africa and on the continent. Martin said 30-million children across Africa were out of school, with half of them never having attended school. "The fierce urgency of that demographic...
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