Ventureburn

Peach Payments Secures US$30M Funding Deal

Baobab Payments GmbH, trading as Peach Payments, has successfully concluded a €29 million / US$30 million funding round. This round, which was initially announced…

African fintechs vie for $50k prize in Ecobank challenge

The African fintech industry is abuzz with excitement as the grand finale of the 2023 Ecobank Fintech Challenge approaches, set to take place at…

Global expansion: Stitch secures $25m Series A extension

Leading payments infrastructure company Stitch has successfully closed a $25 million Series A extension round, spearheaded by Ribbit Capital. This funding infusion, alongside continued…

P1 Ventures secures $25m for African start-ups

P1 Ventures, the Pan-African Seed VC fund, has successfully closed the first round of funding for its second fund, totalling $25 million. Founded in…

Omnisient recognised as Data for Society finalist

Omnisient, the Cape Town-based privacy-preserving data collaboration platform, emerged as a finalist for the esteemed Data for Society category at the DataIQ awards held…

CIPC extends deadline for beneficial ownership compliance

South African companies and entities breathed a sigh of relief as the deadline for submitting beneficial ownership information to the Companies and Intellectual Property…

Emerging markets: LCPs shake up small business finance

Small businesses in emerging markets have long been recognised as crucial drivers of inclusive growth and resilience in the face of economic challenges. However,…

Why 3 Out of 4 South African SMEs Still Can’t Raise Capital

World SME Day on 27 June is supposed to be a celebration of entrepreneurial grit. But for most small businesses in South Africa, it…

Huawei Cloud and Elenjical Solutions Partner to Accelerate Financial Digital Transformation in Africa

As Africa’s financial sector races toward digital transformation, one thing remains clear: legacy infrastructure is still a massive drag on progress. Now, Huawei Cloud…

Mastercard and enza Join Forces to Supercharge Fintech Innovation in Africa

The fintech boom in Africa just received a major infrastructure boost. Mastercard has partnered with enza, a fast-rising payment solutions company, to unlock direct…

Five Ways to Back South Africa’s Young Entrepreneurs

Youth unemployment in South Africa remains one of the country’s most urgent socio-economic challenges. Yet, the solution many continue to champion is also one…

Novare Holdings anchors R2.8 billion Investment

In a bold move linking African capital with American industrial innovation, Novare Holdings, a leading South African institutional investment firm, has committed to anchor…

Investors Finding Their Way Back to the Kenyan Market

After weathering a series of economic challenges over the past few years, Kenya is once again capturing the attention of global investors. With a…

African VC Market Rebound

The venture capital landscape across South Africa and the broader African continent is entering a period of cautious recovery and renewed opportunity, following two…

South Africa’s MSMEs Still Locked Out of Funding – New Report Calls for Radical Reform

South Africa’s smallest businesses are doing the heavy lifting – but they’re still being left behind. A new report by Finfind, in partnership with…

Nedbank backs SwiftVEE’s PrysWys to bring fintech to the farm gate

South African agri-tech startup SwiftVEE has secured a strategic collaboration with Nedbank Agribusiness, aimed at streamlining access to agricultural inputs through embedded finance. Under…

SA-born AURA raises €13.5m (R270m) Series B to take on US emergency response market

South African emergency tech startup AURA has secured €13.5 million (~R270 million) in Series B funding, marking a major milestone in its mission to…

EmpowaEntrepreneurs 2025 Targets Africa’s High-Growth Founders and Investors

South Africa is set to host one of the continent’s most anticipated gatherings for entrepreneurs and investors — the EmpowaEntrepreneurs Funding Summit, taking place…

Outcomes-Based Funding Delivers Real Jobs for SA Youth – A New Model for SME-Led Growth

A new outcomes-based employment model is quietly reshaping how South Africa tackles youth unemployment — and it’s delivering results. The Jobs Boost Outcomes Fund,…

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