Investor News

SA logistics startup GoMetro raises $1m seed…

May 5, 2022

South African logistics startup GoMetro has secured a ZAR16.3 million (US$1 million) seed extension round to accelerate its growth, bolster its commercial team and rapidly expand into the South African, UK and American markets. GoMetro is a mobility management platform that enables public transport and logistics operators to boost operational efficiency, futureproof their services,... Read more To view article on Disrupt Africa Click here

South African payments gateway Ozow raises $48M…

November 17, 2021

According to a 2019 report by Deloitte, about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. However, expensive value-added services like credit cards do... Read more To read the article on techcrunch.com Click here.

Mobiz – Telkom partners with Mobiz to…

October 19, 2021

Telkom Business South Africa has partnered with Mobiz, a local MarTech company, to provide South African SMMEs with free data-cost free and affordable SMS marketing. The partnership aims to provide affordable and accessible mobile marketing packages to local SMMEs. Packages start from as low as R99. Dumisani Bengu, Chief Commercial Officer at Telkom Business... Read more To read more on Ventureburn Click here.

SA prop-tech startup Flow reports impressive growth…

August 30, 2021

South African prop-tech startup Flow is reporting impressive growth figures as it prepares to take on board further investment to supercharge its development. Founded by Daniel Levy and Gil Sperling, Flow goes straight to the source of the largest social platforms in the world – Facebook, Instagram and LinkedIn – to match people with... Read more To view the article on disrupt-africa.com click here.

Kalon Raises a Quarter of a Billion…

July 2, 2021

South African Venture Capital company Kalon Venture Partners, the digital technology Venture Capital company, has successfully completed its final Section 12 J capital raise with Assets Under Management of over a quarter of a billion rand. Kalon’s first fund started in 2016 and invested in nine disruptive technology companies and its second fund invested... Read more To view on Tech Financials Click here.

Cape Town edtech iXperience secures $2.5-million

May 28, 2021

Cape Town-based edtech company iXperience has secured $2.5-million in a Series A funding round led by Kalon Venture Partners and Caleo Private Equity. According to reports, iXperience will utilise the investment funding to expand its team, develop its innovative tech platform, launch programmes across different markets, and build its global strategic partnerships division. Clive... Read more To view this article on Ventureburn Click here.

Barely 5 years old, Ozow breaks R10bn…

May 24, 2021

CAPE TOWN – Barely five years after being founded, South African payment technology platform Ozow announced on Thursday that it had broken through the R10 billion milestone in transactions processed – and was looking at doubling the number of users on its platform in 2020 as part of aggressive expansion plans. Ozow is an... Read more To read the article on iol.co.za Click here.

FinChatBot & Go-Insur partnership promises powerful new…

May 24, 2021

A tie-up between Pancentric’s cloud-based digital insurance platform Go-Insur and conversational AI experts FinChatBot promises powerful new distribution and e-trading capabilities for brokers, MGAs, and scheme providers. “We’re on a mission to make the best and latest digital capabilities available to the rank and file of the insurance community, beyond the elite few –... Read more To view this article on pancentric.com Click Here.

You can still enjoy the sunset, with…

April 19, 2021

The S12J investment option gained significant traction during the last few years, among individuals and businesses seeking to reduce their tax liability – and find alternative sources of return in uncertain and volatile markets. This incentive allowed an investor a 100% deduction against taxable income in the year of investment if that investment was... Read more