Tags South Africa

Tag: South Africa

Root makes ground in South Africa with seed close

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

South Africa’s Justice Department suffers significant ransomware hack

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

MTN, Sanlam partner to expand insurance cover offering in Africa

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

Yoco secures South Africa’s largest single investment raised by a payments...

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.

Pineapple said to close Series A after 200% growth in six...

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

South African InsurTech Ctrl rakes in $2.3m investment

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

Nedbank, Mastercard team to enable WhatsApp payments for small businesses

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 said to raise funding from Crossfin Ventures

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

Revix scores $4m investment to support launch of investing mobile app

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

South Africa-based Mortgage Market said to close $691,000 investment round

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

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