Startup news

SA startup ApexPeak secures $23-million deal with Karu Exporters

ApexPeak Hailing from South Africa and Singapore, ApexPeak recently secured a massive US$23-million deal, further establishing itself as a force to reckoned with. ApexPeak allows cash-strapped SMEs to sell their invoices in return for money. In a bid to take its services beyond the small business space, the company has included insurance clients, as well as South African citrus fruit grower Karu Exporters. The US$23-million export finance deal will see Karu receive monthly disbursements in various currencies until the end of 2014 ...


Grim start to Dragons’ Den SA: six pitches, one investment

dragons den SA Okay South Africa, Dragons' Den is here. "In the Den, sometimes dreams are made and sometimes hopes are dashed," said show host Xolani Gwala as he introduced the audience to the first episode of SA's version of the popular UK pitching show. The rules of the Den are simple: entrepreneurs have three minutes to pitch and the Dragons interrogate them. They have to get the full amount requested or leave empty handed. Tough crowd, no? We have already met the Dragons ...

Africa, Entrepreneurship

3 key insights SA’s tech ecosystem can take from Israel

Israel Mind-set, connectedness and government support are everything when it comes to building and sustaining a far reaching tech culture set to breed innovations across the globe. If it is a key imperative for tech businesses to replicate their business models and product innovations on an international scale, some key insights and lessons can be learnt from Israel, dubbed ‘the start-up nation’ who has successfully built an intimate tech culture and community with a far reaching global impact. 1. Connectedness Everyone in the tech ...

Africa, News

Seed Academy is offering R2-million training for tech entrepreneurs

Business Plan Beginning on 30 September 2014, Seed Academy, a school of entrepreneurs, will offer tech entrepreneurs R2-million worth of training for free. “We hope to attract those in the technology space but we are open to any compelling businesses and business ideas,” says Lara Rosmarin, the CEO of Seed Academy. The training will take place after hours once a week over a period of 10 weeks. Each course is valued at R16 000. Emerging entrepreneurs are equipped to either start their own businesses or ...


5 ways peer-to-peer lending is changing the world [SPONSORED]

8490786464_668e43e016_h Tweet, Hashtag, Like, Poke, Comment. Social media has opened the world up to a totally new way of interacting. It is this brave, new world that has brought about a shift in thinking – on every level. Peer-to-peer lending is one of these shifts. Take a look at the 5 ways peer-to-peer lending is changing your world today: 1. Unconventional Peer-to-peer lending is disruptive in every way; challenging the financial system and giving you more information about your money. By going ...


14 innovative Korean companies you need to know about [GMV]

GMV Awards Think Korea's tech scene extends only as far as Samsung and LG? Think again. We've already told you about how instant messaging platform KakaoTalk managed to accumulate hundreds of millions of users and shown you some of the startups from that country trying to disrupt their way onto the world stage, but there's plenty more innovation coming out of the East Asian country. One attempt to highlight this is the GMV Innovation Awards, part of the Global Mobile Vision conference in ...

Africa, Startup news

Data and transport app GoMetro wins Get in the Ring 2014 Africa finals

GoMetro app South Africa's GoMetro has recently been named the winning African startup by Get In The Ring (GITR) in Rotterdam, the Netherlands. The transport and data app has been on a roll of late, recently named one of the top ten startups of DEMO Africa 2013 and as well as PwC's Vision to Reality Awards recently. Speaking to Ventureburn, Justin Coetzee, the founder of GoMetro, notes the massive confidence boost this recent win brings to the three-year-old Cape Town-based company: "This is a massive ...

Competition, News

Cape Talk, Talk Radio 702 announce Small Business Awards winners

small business awards 2014 1 The Cape Talk Small Business Awards and Radio 702 Small Business Awards winners have been announced, with leather goods manufacturer Research Unit taking home top honours and the Cape and textbook service Book Express claiming the Gauteng prize. In the Cape, the budding company lead confectionery maker Sweet Temptations Toffees and holiday rental service Perfect Hideaway in second and third respectively. Gauteng saw Scimatics Solutions -- tuition service -- and Tutuka Motor Lab -- an auto body repair centre -- follow ...

Africa, Featured, Startups

Disrupt everything: 11 exciting Kenyan startups worth your time right now

Kenya We love Kenya. So much so that we recently headed to the East African country for some fun times with startups. Ahead of the trip, we thought we would list some noteworthy startups. How do you pick 11 great startups to write about? You reach out to the community. And the community delivered. By no means is this the definite list of Kenyan startups, but these are ones our community loves. Kenya has long been at the forefront of tech innovation in ...

Mobile apps, Startup news

Over launches Quick: the ‘fastest app’ to add text to photos

iPhone6.Newspaper quick We've covered Over numerously in the past, listing some inspirational uses of its software, but now the Cape Town startup is launching an all new app dubbed Quick -- a free app for adding text to images. Over's eponymous app found acclaim and massive popularity Stateside and allowed creative users to add filters, memorable quotes and tinker with the snap. So far it boasts over 9 million iOS downloads. Quick, as the company (and the name) notes, is more about getting ...