Tag: South Africa

Moove, which stylises itself as the world’s first mobility FinTech company, has collected $20m in funding from Absa Corporate and Investment Banking.

South Africa-based Yellow, which offers energy financing products to low-income households in Africa, has reportedly collected $20m in debt funding.

Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners

Lipa Payments, a South African FinTech company, has raised R10m ($660,000) in fresh funding.

Stitch, a South African API FinTech developer, has reportedly raised $21m in Series A funding round.

South Africa-based Root, as it looks to enter new markets, has collected $3m in its seed round funding.

The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.

Globacap, which claims to be transforming capital markets, has secured an additional $9m for its Series A round.

South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.

South African payments company Yoco has secured $83m in its Series C, which it claims to be the largest single investment raised by a small business-focused payments platform in the Middle East and Africa.