Tag: South Africa

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.

South Africa-based InsurTech company Pineapple has reportedly netted $3.4m in its Series A funding round, after experiencing 200% growth in six months.

Short-term insurance advice provider Ctrl has secured a $2.3m investment from business funder Naspers Foundry.

South African bank Nedbank has teamed with payment giant Mastercard and local FinTech Ukheshe to allow its customers to pay small businesses through WhatsApp.

Troygold, which digitises ownership of physical gold, has reportedly closed an investment from Crossfin Ventures.

South Africa-based cryptocurrency investment platform Revix has raised R58.5m ($4m) in its latest funding round.

South Africa-based Mortgage Market has reportedly netted ZAR 10m ($691,000) in its latest funding round, which was led by IDF Capital.

South African global reinsurer Gen Re is launching a new behavioural economics-based insurance policy for mental health.