Sava, a South Africa-based fintech startup offering spend management software services for African businesses has raised $2 million in its pre-seed funding from Africa-centred investors. * Sava is offering software for businesses to control their spending management and reconciliations, automate record-keeping, and access data to lend prudently. * The startup is built
Zenysis Technologies, a healthtech firm headquartered in San Francisco and Cape Town, has secured $13.3 million in its Series B funding round to improve its big data efforts at improving effective responses to health emergencies in Africa. * The fund will be used to increase the scope of its health
Talk360, an Africa-focused payment platform based in South Africa has raised $4 million in its seed funding round led by HAVAIC. * The funds will be used to scale the services of the startup in international markets, it claims. * Talk360 provides payment services on its platform for merchants to access payment
IHS Towers, one of the largest independent owners, operators, and developers of tower infrastructure, has completed the acquisition of 5,701 towers from MTN South Africa for a cash consideration of ZAR6.4 billion. The deal will see IHS Towers provide Power Management Services to MTN SA on approximately 13,
FoondaMate, a South Africa-based edtech startup has secured $2 million in its seed funding round led by UK-based VC firm, LocalGlobe. * The startup plans to use the funds to scale its WhatsApp and Facebook-hosted learning chatbot for use across the world. * FoondaMate is a tech-driven education-focused business offering students revisions
Nile, [https://nile.ag/] an agri-tech fresh produce trading startup based in South Africa has raised $5.1 million in its equity funding round. * Launched in 2020, Nile is a business-to-business (B2B) startup providing digital solutions to address complex points in food trading including price transparency, quality verification, speed of
The biggest stories that impacted the technology world across emerging markets, with a spotlight on Russia and Ukraine.
The biggest venture capital deals we tracked by region during the past week across emerging markets globally.
South African-based API fintech company Stitch raised $21 million in a Series A funding round led by The Spruce House Partnership as well as other global investors. * Stitch’s payments and data infrastructure enable players across the fintech ecosystem to transact seamlessly, expand their revenue and growth potential, and significantly
This week's most important technology news and venture capital deals across emerging markets globally from Techloy, all in one place.