lulalend

Access to capital now critical for growth in ICT sector

South Africa’s ICT sector has experienced huge growth in 2022, according to the latest ICT Market Overview Sizing and Forecast 2022 report. However, structural…

Reserve Bank greenlights new SME bank Lula

The South African Reserve Bank has given its regulatory approval for a new partnership specifically designed to address the most usual challenges SMEs face…

Fintech to help SMEs weather loadshedding storm

Lulalend has reinstated its SME Loadshedding Task Force as Eskom once again takes South Africa to Stage 4 of its rotational load shedding strategy….

[Opinion] Four steps to SME success in 2022

Every new year brings with it an array of business challenges and opportunities. The onset of the COVID-19 pandemic has had devastating consequences for…

How cost-cutting can help SMEs grow [Opinion]

Reducing the cost of supplies, inventory, or business operations is common practice amongst many small business owners. Not preserving enough cash could land a…

SA fintech increases SMME funding limit to R2-million

Lulalend, one of the country’s leading B2B digital SMME lenders has, increased the amount of funding it is able to offer to R2-million. Lulalend…

Two SA fintechs win prestigious global inclusive fintech award

Lulalend, one of the country’s leading B2B digital lenders, and Paycode, a SA fintech that provides biometric digital identity and low-cost access to basic…

New payment tool launches for local SMEs

Lulapay enables SME businesses to have their invoices paid faster allowing business owners to manage their cash flow more effectively. Lulapay’s platform ensures that…

Covid-19 and African tech startups roundup [30/04/2020]

SA employers are angry and frustrated with having to put up with the Unemployment Insurance Fund’s (UIF) ever changing directives to claim under its…

SA tech startups put in place measures to tackle coronavirus

SA’s tech startups are responding to the threat of the coronavirus by putting in place austerity measures and devising new innovative solutions for customers,…

Quona Capital achieves final close of $203m for financial inclusion fund

US based investment fund Quona Capital has raised $203-million for its Accion Quona Inclusion Fund, to invest in tech startups that focus on financial…

Top African startups are upbeat over plans for 2020 – here’s why

It might still be early days, but 2020 seems set to be a good year for African tech startups. This is the general sentiment…

South African fintech in 2020 – what can we expect?

Fintech is rapidly transforming the very essence of global financial services. Here at AlphaCode, we spend a lot of time researching and thinking about…

10 ways Africa’s fintech sector boomed in 2019

Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in…

Are these the 10 biggest deals by African tech startups in 2019?

Big money. That’s what African 86 tech startups raised this year. While not every startup wanted to disclose how much they raised, those that…

Are these SA’s 11 biggest disclosed VC deals in 2019? [Updated]

UPDATE (20 and 23 December): This article was updated to correctly state that SweepSouth’s R30-million raise from Naspers Foundry was part of a R60-million…

The tech sector in SA is still a hot place to be [Opinion]

South Africa’s economic outlook may be gloomy, with annual growth forecast to barely past 1.5% over the next three years, but things are still…

Five SA fintechs that service the growing market of SME lending [Updated]

An increasing number of fintech startups are looking to fund small businesses in South Africa using online platforms and apps to service the massive…

Fintech accounts for over a third of SA tech startup investments in 2019 so far

Over a third of the over R500-million rand in venture capital (VC) investments directed to SA tech startups so far this year, has gone…

Are these SA’s 10 biggest disclosed VC deals so far in 2019? [Updated]

UPDATE (18 July and 23 December 2019): The list and figures have been updated to take into consideration deals in the crypto sector that…

LulaLend looking to access R500m in debt funding following latest raise [Q&A]

SA fintech startup Lulalend has had access to over R150-million in debt funding since launching in 2014 and is on track to access another R500-million off…

SA fintech LulaLend raises $6.5m from the IFC, Quona Capital

Cape Town based fintech startup Lulalend has closed a $6.5-million (R92-million) Series-A round led by the World Bank’s IFC and Quona Capital. The startup, which was…

SME failure rate set to spike unless funding is addressed – LulaLend survey

The South African SME sector is set for a major crisis unless access to adequate business funding can be ensured as a matter of…

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Here’s one app that’s saving lives by bending time | Time Keeper app

Elon Musk told to F*** off, Zelensky hits back on Ukraine tweet

Mother City beautified through art, blockchain tech

Countdown begins for Africa Fintech Summit in Cape Town

Fintech, edtech investment dominate SA venture capital

Here’s our top three UPS options for Eskom’s load shedding

The new generation of the HUAWEI nova series are now available in stores

Samsung introduces Samsung Galaxy A04s and Samsung Galaxy A04

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