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  • 10 fintech apps to help you better manage your startup’s finances

    Your startup’s on fire! Now get the best fintech apps to help manage your company’s finance. Navigating the complexities of startup finances can be tough. In the beginning when there is little or no money, it’s not all that hard to do. But as you start scaling, the finance function becomes a beast – and a critical element of business success. We are fortunate to live in exciting times. New fintech apps make managing your numbers easier than ever before. Put the right things in place now to set you up for scale. These 10 fintech apps can help you do just that: 1. Xero...

  • Company Office

    Bookmark Awards 2016 Entry Series: Channels

    With the deadline for entries to the prestigious IAB SA Bookmark Awards extended to 30 November, digital marketers have one last opportunity to enter and do battle for the industry’s most coveted awards across eight categories, of which the Channels category is one. The Bookmark Awards celebrate the country’s most creative and high-impact digital executions and rewards excellence in digital advertising and publishing work, benchmarked against the highest international standards. “The Channels category is important because it serves two purposes,” says Fred Roed, Head of IAB SA’s Agency Council. “Firstly, it rewards those who find creative ways to exploit the opportunities...

  • The ultimate checklist if you’re starting a business [Sponsored]

    Start a business, they said. It will be fun, they said. No matter how many books you read or how much advice you receive, becoming an entrepreneur is no easy task. However, if you believe in your dream and want to make them come true, you’ll probably need this handy checklist to ensure everything goes your way. Have a business plan You’ve got a plan? Then, stick to it. Having a specific goal for your brand will allow you the platform you need to make informed decisions to get to where you want to see yourself in two years. Consider things like: How do you intend...

  • The real cost of institutional memory loss [Sponsored]

    When it comes to staff members, nothing is predictable. The fact is, employees will retire, emigrate, start families and seek greener pastures. Unfortunately, you may not always be prepared for these changes, but you can safeguard your organisational memory and limit the negative effects of its loss in your business. Not many organisations understand the full expense of employee turnover. In fact, the price of organisational memory loss (OML) due to staff departing, can be equivalent to anywhere from one month, to several years’ salary of an employee. And so, it’s essential for a company to try and mitigate such losses...

  • Nigerian recruitment startup DropQue crowned the winner of Seedstars Lagos

    DropQue, a Lagos-based startup that helps companies source staff at a lower cost through secure video interviews, has been selected as the winner of this year's Seedstars Lagos pitch event. Pharmaceutical ecommerce platform MyMedicines and crowd-sourcing startup Natterbase were placed second and third, respectively. DropQue uses a combination of one-way unassisted video interviews and an artificial intelligence (AI) assessment assistant to help companies to source suitable candidates. The startup was founded in 2016 by CEO Opeyemi Akinwoleola and Yinka Akinbobola. DropQue will now represent Nigeria at the Seedstars Africa and global summits By winning Seedstars Lagos, DropQue will go onto represent Nigeria at Seedstar’s Africa summit in December and...

  • SA proptech startup HouseMe crowned winner at Seedstars Cape Town

    Cape Town based proptech startup HouseMe has come out tops at Seedstars Cape Town. HouseMe was placed first at the event, which was held last Friday (19 October). In second was fintech startup Slide Financial, while procurement platform Kuba took third place. Founded in 2016 by Ben Shaw and Kyle Bradley, HouseMe connects tenants to residential landlords, providing letting services for a fraction of agency fees. HouseMe was founded in 2016 by Ben Shaw and Kyle Bradley By placing in the top three, HouseMe, Slide Financial and Kuba have secured spots at the Seedstars South Africa finals which take place on 14 November at Seedspace Cape Town. Seedstars World's...

  • SA health innovators have four days left to enter Sanofi South Africa Challenge

    Global pharmaceutical company Sanofi is calling on SA innovators within the medical, healthcare and ICT sectors to enter the Sanofi SA Challenge. The challenge -- held in partnership with the National Department of Health -- is focused on innovation that will optimise adherence to the treatment of tuberculosis (TB). Entries close this Friday (26 October). The Sanofi SA Challenge is focused on innovation that will optimise adherence to the treatment of tuberculosis Startups will need to present a multi-device and multi-channel solution that will help SA healthcare professionals optimise TB treatment by: Incentivising completion of treatments. Tracking weekly adherence and monthly collection of medicines. Identifying non-adherence...

  • Top startup events in South Africa, Africa you should know about this week [22/10/2018]

    This week Startup Grind Johannesburg will host Retroviral founder Mike Sharman as he tackles the do’s and don’ts of a perfect pitch on Tuesday (23 October). In Kenya, African Business Angel Network Tom Davies and SA funding consultant Alexandra Fraser will on Thursday (25 October) conduct a workshop on valuation and deal structuring. In Nigeria, Ventures Platform will on (26 October) host a sit-down between the Nigerian government and startups to discuss how the government can help create a favourable environment for startups. This article is part of a weekly series that highlights all the top startup events, competitions, networking sessions, workshops and conferences in Africa. If...

  • Stop misrepresenting us as Shopin investor unicorn ZocDoc tells Eran Eyal

    US medical platform ZocDoc is demanding that SA entrepreneur Eran Eyal -- who faces fraud charges in the US -- immediately stop claiming that the billion-dollar company is an investor in his startup Shopin. Eyal today however  denied that he had misrepresented the medical platform. Eyal (pictured above) was charged in August by the New York Attorney General with allegedly stealing $600,000 from investors by fraudulently soliciting investors to purchase convertible notes through false representations of his company, Springleap. If convicted of the top count charged, he faces up to 15 years in prison. He is due to appear in court this Wednesday (24 October). In...

  • Sonic Ventures launches R1.5-billion fund to back high-growth tech companies

    Sonic Ventures, a Cape Town based investment company that plans to target early-stage tech companies, yesterday (19 October) launched a R1.5-billion fund that plans to back high-growth tech ventures -- largely in SA, US and UK. Speaking during a presentation yesterday at the Pepperclub Hotel and Spa in Cape Town, Sonic Ventures' US-born CEO Joseph Gough (pictured above) said the firm plans to list 35-million shares at R45-per share on SA online shareholder administration platform Equity Express Securities Exchange (EESE). The expected listing date is 29 November. Sonic Ventures' R1.5-billion fund will target an internal rate of return (IRR) of more than 25% Gough said he...

  • Eight black-owned fintechs win R16m worth of funding, support from AlphaCode

    Eight black-owned fintech startups have won business support and funding totalling R16-million from Rand Merchant Investment Holdings' (RMI) fintech incubator AlphaCode. The eight -- which include SELFsure, Akiba Digital, the ISpani Group, Jamii, Nisa Finance, Pago, Prospa and Yalu (see their respective pitch videos below) -- were selected last night (18 October) as winners of the AlphaCode Incubate initiative following a pitching session. The packages consist of R1-million in grant funding and R1-million in support (which includes mentorship, monthly expert-led sessions, exclusive office space in Sandton, marketing, legal and other business support services as well as access to the broader RMI network). The AlphaCode Incubate initiative -- run in partnership with Merrill Lynch South Africa and Royal Bafokeng Holdings --...

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