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startup news

SA Payment Group Adumo Acquires Fintech Startup SwitchPay

Adumo, one of South Africa’s largest independent payment processors, today announced it has acquired SwitchPay, a South African startup providing alternative payment services to merchants and retailers, for an undisclosed amount. According to Adumo CEO Paul Kent, the investment comes...

This Fintech Startup Built SA’s First Buy Now, Pay Later Platform for Existing Credit

A home-grown fintech start-up, Float, has brought South Africa’s first interest-free Buy Now, Pay Later (BNPL) product that uses a customer’s existing credit, to market. This novel product enables consumers to get their purchases upfront and use existing credit to...

Incubation Hub for African Entrepreneurs Opens in Johannesburg

Unicorn Group, a pan-African, investment company targeting innovative ideas, start-ups, and early-stage companies in the technology and technology-enabled sectors across Africa has launched the Unicorn Incubation campus in Johannesburg, South Africa. The Unicorn incubation and innovation campus aims to host...

Nigerian Government to Support Struggling Startups

The National Information Technology Development Agency (NITDA) wants to provide an exemption for startups providing essential services during the lockdown in Nigeria, writes Tech Cabal. In keeping with this, the agency created an online form on 5 April to identify...

Seedstars World to seek out top 10 startups in Mali

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is coming to Mali on 4th of September for its 1st edition in the country. In line with its mission to place the spotlight on entrepreneurs...

GrowthHub to help African entrepreneurs help themselves

GrowthHub, a new initiative to support entrepreneurs, is hosting its first event at the OneChadwick cowork space in Sandton, Johannesburg in July 2016 with Rich Mulholland serving up a talk on How to Pitch for Funding. “At GrowthHub, we are...

Silvertree Internet Holdings to Invest $10m in African Startups

Silvertree Internet Holdings, the Cape Town-based consumer focused Internet platform, revealed that it has recorded 330% p.a growth for 2015 to $10 Million in revenue, its strongest year since operations began in 2013. Following this news, the company’s investment arm,...

Keynote speakers revealed for Startup Istanbul

Etohum, has revealed the first group of speakers to grace the stage of Startup Istanbul - which will be held in the Eurasia region on October 3-5, 2015. Startup Istanbul revealed that following individuals will be speaking at the event: The...
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