More
    HomeEcosystem NewsSOUTHERN AFRICA

    SOUTHERN AFRICA

    Nedbank Acquires South African Fintech iKhokha for $92.4M in a Win for Non-Technical Founders

    iKhokha’s success story is notable as it challenges the archetype of the developer-led tech startup.

    South Africa’s Paymenow Secures $22.4M to Expand Earned Wage Access Across Africa

    With this deal, a wave of South African banks continue their backing for African fintech firms.

    Lesaka Snaps Up Michael Jordaan’s Bank Zero for $61.4M to Take On TymeBank

    The purchase of Bank Zero is the latest move in Lesaka’s aggressive expansion.
    spot_img

    Keep exploring

    iPOS Emerges From iProcure’s Collapse With SunCulture Backing

    iProcure, once a darling of the agritech scene with over $17m in total funding — including a $10.2m Series B in 2022 — collapsed into administration in May 2024.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month

    The HEC Paris Experiment: Can Policy + Capital Move Côte d’Ivoire From the Margins of African Tech?

    Can Côte d’Ivoire become a rare example of a working Startup Act in sub-Saharan Africa?

    Five African Women-Led Startups Win Naspers Backing — a First for the Embattled Investor

    After shuttering its R1.4bn venture fund amid criticism over diversity, the South African tech giant is betting on female founders with equity-free grants

    Latest articles

    iPOS Emerges From iProcure’s Collapse With SunCulture Backing

    iProcure, once a darling of the agritech scene with over $17m in total funding — including a $10.2m Series B in 2022 — collapsed into administration in May 2024.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month

    Renewed Ties and Regulatory Reforms Open South African Doors to UK Fintechs

    A flurry of regulatory approvals for British heavyweights this week coincides with a major diplomatic push from Downing Street, signaling a new era for cross-border fintech in South Africa.

    Kenyan Insurtech mTek Makes Rare Exit to Singapore Unicorn Bolttech

    The acquisition marks a significant liquidity event for the East African ecosystem, offering a strategic entry point for bolttech's expansion into the continent.