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All posts tagged "Livestock Wealth"

  • AlphaCode awards R16m in support, funding to eight promising fintechs

    Last night (18 October), Rand Merchant Investment Holdings (RMI), through AlphaCode, awarded entrepreneurial packages valued at R16-million to eight of South Africa’s most promising financial services startups. The entrepreneurial 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, in partnership with Merrill Lynch South Africa and Royal Bafokeng Holdings, identifies South African financial services entrepreneurs with extraordinary ideas and businesses that could impact the financial services industry. More than...

  • Four fintech companies selected for R2.5m AlphaCode Accelerate programme

    Fintech accelerator AlphaCode has announced the names of four companies selected to join its recently launched R2.5-million accelerator programme AlphaCode Accelerate. The four companies are Entersekt, Livestock Wealth, Click2Sure and Invoice Worx. The two-year long AlphaCode Accelerate programme, which AlphaCode has partnered on with scale-up accelerator 10X-e, will offer the four companies with mentorship, expert guidance and support services. AlphaCode has partnered with scale-up accelerator 10X-e to provide the R2.5-million AlphaCode Accelerate programme which offers participants mentorship, expert guidance and support services In a statement today (6 September), Rand Merchant Investment Holding investments executive and AlphaCode head Dominique Collett said the four companies will be part of a fully sponsored group of like-minded financial services...

  • Four top fintech businesses selected for AlphaCode’s R2.5m scale-up programme

    Four businesses that are shaking up financial services have been named as finalists in AlphaCode’s recently launched accelerator programme, AlphaCode Accelerate. AlphaCode is Rand Merchant Investment Holding’s (RMI) incubation, acceleration and investment vehicle that identifies, partners and grows early-stage financial service ventures. AlphaCode was founded to seek the next OUTsurance or Discovery. The first four fintech businesses selected for the AlphaCode Accelerator programme are: Entersekt, Livestock Wealth, Click2Sure and Invoice Worx. AlphaCode has partnered with scale-up accelerator 10X-e to provide a R2.5-million programme offering mentorship, expert guidance and support services to help these businesses on the path to scale and job creation. Dominique...

  • ‘AlphaCode in drive to create pipeline of fintechs to invest in’ [Q&A]

    Joburg based fintech accelerator AlphaCode aims to create a pipeline of fintech firms in which Rand Merchant Bank -- which runs the programme -- can invest in and grow, says the programme's head Dominique Collett. Since it was established in 2015 AlphaCode has assisted 15 black-owned businesses through its AlphaCode Incubate programme with support as well as R13-million in funding. On Monday (30 July) AlphaCode launched a new call for applications for the programme. Read more: AlphaCode calls on black-owned fintech startups to apply to programme Collett (pictured above) tells Ventureburn more about how AlphaCode came about, how businesses can apply to the Incubate programme and what the main challenges...

  • AlphaCode calls on black-owned fintech startups to apply to programme

    Fintech incubator AlphaCode is on the hunt for black-owned fintech startups, as well as innovators with ideas that could change the face of financial services to apply to join its AlphaCode Incubate programme. The Joburg-based organisation provides incubation, accelerations and investment vehicle for financial services businesses. The first round of applications for the programme -- which seeks to identify and reward high potential, innovative entrepreneurs in order to boost the development of fintech and financial services in South Africa -- closes on 31 August. In a statement today (30 July), AlphaCode, which is backed by Rand Merchant Holdings (RMI) stated that it will invite 16...

  • 8 Gauteng startups to watch in 2018 [Digital All Stars]

    Digital All Stars is a series of 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 2017 Ventureburn Tech Startup Survey powered by Telkom Futuremakers found that though the Western Cape is still the most popular region in South Africa in which to run a tech startup, it's losing ground to the country's richest province -- Gauteng. In this piece we take a look at eight Gauteng-based startups to keep an eye on in 2018. Pineapple This insurtech startup in August last...

  • Livestock Wealth wins R1.3m at SAB Foundation Social Innovation Awards

    Livestock Wealth, which uses crowdfarming to  allow anyone to become a beef farmer, last night grabbed a first prize of R1.3-million at the 2017 SAB Foundation Social Innovation and Disability Empowerment Awards for their GrassBeef platform. Over R9-million was awarded to 24 startups at a ceremony held last night in Johannesburg. The awards are held by the SAB Foundation in collaboration with Technology Innovation Agency (TIA). RailPro, a transport solutions startup developing vehicles that drive on both road and rail grabbed the second prize of R750 000. Chemstart, a mini-science kit developed for high school learners and cashmere wool processor Ivili Lloboya jointly won the third place prize...