Wikipedia celebrates its 20th birthday in January, another milestone for the world’s largest free online encyclopedia. The Wikimedia Foundation announced that the encyclopedia officially…
Uprise Africa explained in a statement today that the deal will see those startups which are on Uprise.Africa’s incubator board which have successfully raised capital get listed on the ZAR X stock exchange.
Uprise.Africa CEO Tabassum Qadir (pictured above), commenting in the same statement, said the two companies are simplifying venture capital through what she described as a mutually beneficial partnership for both entrepreneurs and investors.
ZAR X CEO Etienne Nel said the partnership will give crowdfunding investors transcatability in their investments
“It means when you have a business idea, you can leverage the Uprise.Africa platform to potentially raise capital for it quickly and can ultimately list on a licensed stock exchange, making your shares tradeable,
“We aim to disrupt the country’s traditional funding landscape by providing an alternative method for small businesses to raise capital. This is innovation for us, and we are excited to partner with ZAR X,” added Qadir.
ZAR X CEO Etienne Nel said the stock exchange is “delighted” to partner with Uprise.Africa to bring a new product to the capital markets space and give crowdfunding investors transactability in their investments. This, Nel said, ultimately drives financial inclusion and job creation.
Read more: Uprise Africa calls on funders to co-invest with crowdfunding platform
Read more: SA regtech Intergreatme out to raise R24m through crowdfunding site Uprise.Africa
Read more: ‘Uprise.Africa mulling 159 deals worth almost R1-billion’ [Updated]
Read more: What startups should know about listing their investment on Uprise.Africa [Q&A]
Read more: In’s and out’s of investing on equity crowdfunding site Uprise.Africa [Q&A]
Read more: SA startup Lula launches R2.5m Uprise.Africa crowdfunding campaign
Read more: Uprise.Africa appoints former GEPF man to chair crowdfunding platform board
Read more: Uprise.Africa crowdfunding platform nets investment from Silicon Valley VC
Read more: Uprise.Africa mulls 80 projects for equity crowdfunding, as Drifter raise hits R3m [Updated]
Read more: Craft brewer Drifter raises R1m in first day of equity crowdfunding campaign [Updated]
Read more: More than 30 sign-ups to Uprise.Africa SA’s first equity crowdfunding site
Read more: Uprise.Africa to launch first crowdfunding campaign this month says COO Schofield
Read more: SA equity crowdfunding site Uprise.Africa launches after response from FSB
Featured image: Uprise.Africa CEO Uprise.Africa CEO Tabassum Qadir (CityNews INTL via Twitter)