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  • WorldRemit nets $45m to push growth efforts

    Mobile remittance service WorldRemit today announced that it has raised US$45-million as it looks to expand its current operations. According to a press release sent to Ventureburn, the funding comes from TriplePoint Venture Growth BDC Corp and Silicon Valley Bank and brings the total amount of money raised by the company to US$200-million. The WorldRemit app lets people send money straight from their smartphone, instead of having to travel to a money transfer agent. Those receiving money -- often in developing countries -- can collect the funds as Mobile Money, bank transfer, for cash pickup or as a...

  • Company Office

    Judges announced for the IAB SA Bookmark Awards 2017

    The IAB SA has announced the list of judges that will decide which contenders will scoop a coveted Bookmark Award in 2017. The team of judges, led by Jury President John Dixon, features more diverse industry players than ever before. Josephine Buys, CEO of IAB SA says, "Our mid-year, judges workshop yielded valuable insights from the best in the business for judging the Bookmarks 2017. We have secured the time and talent of some of the brightest minds in digital and have expanded our pool of experts to include gamers, innovators and engineers.” Judges will now fall under the categories of...

  • This app wants to completely change the way South Africans pay for parking

    We've all been there. You go to the mall, get your shopping done, and head towards your car, only to find that you have no cash for the parking machine. And so you find an ATM, draw some cash, break that cash, and finally pay for your parking, muttering "there must be a simpler way" all the while. It was just such an experience which led KaChing founders Jaco Marais and Rudolph de Wet to decide enough was enough and build such that simpler way themselves. That decision led to KaChing, an app which aims to take the hassle out...

  • Massive boost for local tech economy as Cape Town selected to be sixth global French Tech Hub

    It’s hard to show up at work in South Africa at the moment and avoid the dark cloud of doom and gloom that seems to have settled over our economy. But there are always rays of sunshine trying to peek through the clouds and our spirits were lifted to hear that Cape Town has been selected as the location of the new French Tech Hub. Cape Town joins the cities of Moscow, New York, San Francisco, Tel-Aviv and Tokyo as cities handpicked to ‘foster the growth of start-up companies and to promote innovation’ by the French Minister of the...

  • Which ecommerce platform will do justice to your business plan?

    Startup wave has hit the world and given birth to various big and small ecommerce websites. Following this, everyone aspires to build Etsy like startup but they either lack software choices or knowledge of a multi-vendor script/system required to create an online store. The game is much simple for entrepreneurs who want to sell their own goods or services online as a normal ecommerce store will do for them. But, if it’s about launching a store like eBay & Etsy, you need to find out a startup friendly ecommerce solution (combined with multi-vendor features) first. There is plenty of...

  • High-impact investing portal Malaik calling for startup applications

    Global portal for high-impact investing, Malaik, is calling for startup applications. The portal offers opportunities for global equity investment in African startups. "Africa is brimming with entrepreneurs with growing high-impact businesses that could not only positively impact Africa, but the world," says founder and CEO of Malaik, Neku Atawodi. The programme is open to startups with high-impact, innovative, original, and diverse ideas ready for investment. Investors will gain access to potential startups, as well as mitigating investment risk with a four-step due diligence process. They are also able to track investment metrics. "Our unique impact tracker means that investors can track their investments' impact on...

  • Mining hackathon reveals SA gems

    The Unearthed global innovation programme last week hosted over a hundred Cape Town entrepreneurs and innovators to develop prototype solutions for some of the world's largest resource companies. What first started out in Perth, Australia, the Unearthed hackathon events are unique 54-hour long activities focused on the resources sector. A total of 17 teams were formed to solve one of the different problems faced by companies like De Beers and Anglo American. Some of these challenges included real-time particle analysis, using sound to detect the end of a mine and predicting what the future of mining looks like. Read more: These are...

  • 5 ways to make money for your startup

    Even if you have invented a unique product or plan to provide a service nobody else has thought of, ideas alone aren’t enough to fund a startup. At the end of the day, you will still need some ready cash to develop a business plan, research the market, produce prototypes, and promote your creation to potential customers. So, in order to get off the ground, the best plan of action is to explore some sure-fire ways of raising capital. With this in mind, here are five suggestions on how to make money for a brand new enterprise. Financial...

  • Top startup events in South Africa, Africa you should know about this week [08/02/2016]

    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...

  • French insurance giant buys into African ecommerce in $83m deal

    French insurance giant AXA has bought an eight percent stake in Africa Internet Group (AIG), one of the continent's largest ecommerce players. The deal is valued at €75-million (over US$83-million). According to Forbes, AXA will become the exclusive insurance provider for AIG, which includes the Nigerian-based Jumia and other ecommerce operations in Africa. Other AIG services include Kaymu, a leading online shopping community, as well as marketplaces in food delivery, travel, real estate, jobs and cars. Read more: Kenyan Hellofood users can now order KFC, Ocean Basket online “Internet is creating unparalleled opportunities for consumers and businesses in Africa to connect and do...

  • On-demand laundry service hits Joburg

    Don't have enough time to organise your laundry? Well, for those living in Johannesburg, Just Laundry is here to make your life easier. Similar to the likes of Washr in Cape Town, Just Laundry lets you place an order for someone to pick up your laundry. It's like Uber for laundry. Read more: Washr collects your dirty clothes, brings you clean ones “We simply enable a Johannesburg resident to have their laundry cleaned while they relax. Our dedicated team will rock up at your door, clean and have your laundry delivered in just 24 hours or less,” says founder William Thubakgale,...