fintech

SA fintech breaks the $2.5-billion disbursement mark in Africa and Asia

South African founded fintech startup, JUMO has dispersed over $2.5-billion in credit across six markets in Africa and Asia. JUMO disperses more than $2.5…

Local AI fintech startup secures $1.6-million investment

Johannesburg-based AI fintech startup, FinChatBot has secured $1.6-million from Saviu Ventures, a French investment holding company that focuses on African startups; Mauritius-based Compass Venture Capital and…

Nigerian fintech startup receives $25 000 in funding

Nigeria-based Venture Capitalist firm, Microtraction has invested $25 000 in Evolve Credit, a loan and financial marketplace aimed at assisting Nigerians to select the…

Nigerian tech startup acquired by US fintech

Nigerian fintech startup, Paystack, has recently been acquired by an American fintech to establish a convenient payment system in Africa. The startup assists with…

New funding platform to help SMEs recover from the pandemic launches [Sponsored]

While the world gets a handle on the Covid-19 pandemic from a medical perspective, we are only just starting to see the long-term effects…

Standard Bank acquires 35% stake in fintech, TradeSafe

Standard Bank has acquired a 35% equity stake in digital escrow company TradeSafe Escrow. The partnership will allow for TradeSafe to target commodity and M&A transactions…

Current environment offers opportunities for digital entrepreneurs to solve new pain points

The current environment offers many opportunities for entrepreneurs in the digital space according to fintech experts, Willem Roos, CEO of Rain (former OUTsurance CEO), and Dominique…

Q&A: Report details fintech’s explosion across African continent

Africa has seen a boom in fintech in the last two years, with 301 startups now active in the sector on the continent, a report released…

Investors are a driving force in shaping Africa’s entrepreneurial ecosystem

If we look at the startup landscape in Africa (and read the press) it is clear that fintech is one of the fastest growing…

Barclays accelerator announces latest participants in African programme

Barclays Africa Group and Techstars today released the names of 10 financial-technology (fintech) companies selected to participate in the second Barclays Accelerator programme, powered by…

Africa regional conference to spotlight future financing solutions

Over 500 financial representatives from more than 45 countries will next month come together for three days to tackle various issues affecting African businesses when secure…

Dubai authority opens call for fintech startups to join acccelerator

The Dubai International Financial Centre (DIFC) is calling for applications for its Fintech Hive. Applicants have until 28 May to apply. The 12-week programme aims…

‘Fintech startups in Middle East, North Africa raised $100m last decade’

Fintech startups in the Middle East and North Africa have raised $100-million over the last decade, yet 28% fail in their initial years, says…

Why did 22seven founder leave Old Mutual? [Exclusive]

News broke earlier this week that 22seven would finally be absorbed into Old Mutual, following the app’s acquisition in 2013. It was also confirmed…

Old Mutual brings 22seven in-house, founders leave

Old Mutual made headlines back in 2013 when it acquired personal finance app 22seven for an undisclosed sum. At the time of the deal,…

Jamie Martin on Edtech and the EdTech Open Innovation Cluster

Tech hub, CiTi recently launched the first EdTech Open Innovation Cluster and incubator in Africa. Ventureburn had the opportunity to sit down with the initiative’s…

Mama Money expands to three more African countries

Fintech remittance startup Mama Money, has announced aggressive expansion plans into Mozambique, Malawi, and Kenya by April. It has already expanded into Nigeria, Ghana, and Tanzania. The company…

Ventureburn editor chats to fintech experts in fireside chat

Ventureburn recently sat down with members of 22Seven, Yoco, and the Bitcoin Foundation at the Spin Street House Seedspace Fireside Chat, in partnership with PayFast. The…

This startup will soon allow you to make mobile payments using sound

With the launch of their pilot program earlier this month, fledgeling Singapore startup, Aimazing is a step closer to commercialising their new sound technology…

LulaLend raises new round of funding from Accion Venture Lab

Online lending platform LulaLend has raised a new round of funding from Accion Venture Lab, a division of Accion. The round also included participation from Newid Capital…

Absa teams up with fintech startup walletdoc

Absa has partnered with fintech startup walletdoc to make bill payments a more convenient process. Walletdoc, founded by Dan Wagner and Leonard Shenker, is…

LaunchLab, Nedbank on hunt for next big thing in fintech, big data

LaunchLab in partnership with Nedbank has launched a Fintech and Big Data Challenge which commenced on 16 August 2016 and will continue to 23…

Village Capital needs fintech startups for FinTech: Africa 2016 programme

Training and investment company Village Capital is looking for entrepreneurs in Sub-Saharan Africa for its FinTech: Africa 2016 programme. The event aims to find startups who…

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