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  • This SA startup wants to open up IoT to local businesses

    If you're a regular reader of the Burn Media suite of sites, you'll be up to speed on all the latest developments in the Internet of Things (IoT) space. But the truth is, many businesses are simply unaware of how big an impact this array of technologies could have on their operations. One company hoping to change that is a Pretoria-based startup called IoT.nxt. Helmed by former Pinnacle Africa Gauteng MD Nico Steyn, the company has built an IoT solution which it says will unlock serious cost savings and create real efficiencies within corporates. "Our innovation offers companies a...

  • Company Office

    Can brokers use robo-advice to their advantage?

    It seems every year there's a new development that threatens to make traditional financial advisers and insurance brokers obsolete. In the past few years it was the Retail Distribution Review (RDR) and the Protection of Personal Information Act (PoPI). So far, none have disrupted what some refer to as the 'dinosaur' of the traditional insurance industry. But a new foe has emerged in the form of robo-advice: automated algorithms and digital techniques to give consumers the advice and products they need sans advisor. Earlier this year, Lawrence Wintermeyer, Innovate Finance (the UK's fintech industry body) CEO, told Business Insider that robo-advice covers anything from execution right up to where a client has to sign...

  • SA agency organising contingent for Paris startup show

    This June will see the debut launch of VIVA Technology Paris, a conference co-hosted by advertising giant Publicis which aims to provide a "real-time platform for collaboration and a high-level stage for discussions around the impact technology has on both businesses and society". According to a press release sent to Ventureburn, an estimated 30 000 visitors, comprising entrepreneurs, corporate executives, and venture capitalists, the event promises to be a melting pot of tech, interaction and innovation are expected. And if local digital agency Popimedia has its way, there'll also be a strong South African contingent. The company, bought out by...

  • BBC teams up with Nigerian innovators to broaden African appeal

    The BBC, as part of its Connected Studio initiative, has announced collaborations with two teams of Nigerian innovators as it looks to increase the number of young Africans engaging with its content. The teams: Codulab, a small company based in Lagos, and a collaborative team of Nigerian innovators (Team Timerail), have been chosen for the next stage of the digital innovation programme from BBC Connected Studio and the BBC World Service. In January this year, a briefing session for 100 people within the tech community of Lagos was held in partnership with the Co-Creation Hub and was streamed live...

  • 26 Fintech startups you absolutely need to know about [Digital All Stars]

    Digital All Stars is a series of 24 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 and that of experts in the fields covered by each article. Fintech has become a buzzword in recent years. It largely represents startups changing the way money and financial services are handled, by both businesses and corporates. Their developments...

  • Startups from around the globe can apply for this Korean accelerator

    When most people think tech business in South Korea, they picture a handful of tightly controlled companies. But as we discovered a couple of years ago, it's doing everything in its power to shed that image and position itself a startup nation. Its latest move on that front has seen the government launch an initiative that will invite 40 startups around the world for three months of all expenses paid acceleration in Seoul. Participating startups on the ‘K-Startup Grand Challenge’ programme will be given office space in a purpose built US$160 million ‘Startup Campus’ near Gangnam, Seoul. The campus...

  • 10 things we just learned about the Berlin startup scene

    Berlin is one of Europe's startup hot-spots and is often held up as an example of the cool and at-ease-with-itself contemporary Germany likes to project. That's all well and good. Being home to large number of startups can give you serious kudos as a city. After all, entrepreneurship is key to building a country's future. But what about the people who work at those startups? What kind of salaries are they earning? How do they feel about the positions they're in? And do they face similar problems to people in other startup hubs around the globe? Well, thanks to a...

  • The co-habitation of startups and corporates in Nigeria’s disruptive FinTech space

    Last month, Nigeria’s serial tech entrepreneur, Simeon Ononobi, while speaking at Mobile West Africa 2016 revealed that his latest venture, MyAds, an application that allows users to get rewarded for allowing targeted ads to be displayed on their phones during incoming calls, broke even just two weeks after its official launch and is set for global launch. But MyAds isn’t his first successful venture as his earlier startup, SimplePay, a FinTech startup that allows Nigerian businesses to accept payments, has also been extensively successful especially after it was named the world’s best startup at the Seedstars world competition. However,...

  • Flickswitch inks partnership with Airtel

    Mobile SIM card management startup Flickswitch on Wednesday announced a partnership with mobile operating giant Airtel to launch an enterprise SIM management service in Kenya. The deal is one of the most important in the company's ongoing efforts at expanding into Africa. Founded back in 2007, the Cape Town-headquartered company was, as of the end of 2015, recording R22-million in annual turnover, generating R1-million in profit. According to a press release sent to Ventureburn, Flickswitch complements Airtel Kenya’s bouquet of Machine to Machine (“M2M”) solutions by providing an online portal for enterprises to manage their mobile connectivity. The...

  • Mark Zuckerberg gives a shout-out to Nigerian startup Jobberman

    Earlier this week, Facebook announced the launch of its Free Basics internet service in Nigeria. It was big news for Africa's largest economy, where internet usage has hovered at just under 50% for the past couple of years. On the same day, Mark Zuckerberg took to the social network to give a little recognition to Jobberman, one of Nigeria's most successful startups. "There's a lot of innovation across Africa right now, and Nigeria in particular is home to a lot of talented developers," the Facebook founder writes. "In 2009, Olalekan Elude, Ayodeji Adewunmi and Opeyemi Awoyemi started a site called...

  • Alphacode announces partnership with NYSE-listed fintech giant

    Alphacode, the Johannesburg-based Fintech accelerator, has inked a deal with the fintech giant Envestnet | Yodlee which will see the New York Stock Exchange-listed company provide startups with three months of production level access to Envestnet | Yodlee APIs, developer forums and support services. The accelerator, which describes itself as a collaborative club for next generation financial services entrepreneurs, is meant to provide a platform for members to engage and work alongside experienced entrepreneurs, technology investors and industry experts, resulting in accelerated growth and access to market. Among the services Envestnet | Yodlee will provide Alphacode with are its...