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    SOUTHERN AFRICA

    Xero Acquires Bootstrapped South African SaaS Startup Syft Analytics in $70 Million Deal

    Syft Analytics began its journey from a small office in Johannesburg’s Parktown North. For the first few years, the founders juggled full-time jobs while working to get the startup off the ground.

    South African Buy Now, Pay Later Startup Happy Pay Secures $1.8M Pre-seed

    Happy Pay, which was established in 2023, has quickly gained traction with its Buy Now, Pay Later (BNPL) service, amassing 150,000 active users in just over a year.

    TymeBank Lands Additional $9.5M from African Rainbow Capital

    The bank has surpassed 9.5 million customers, showcasing robust growth in its customer base.

    NEXT176 Bets on AgriTech with $400,000 Investment in Pumpkn to Empower Small Farmers

    Through its digital infrastructure, Pumpkn aims to make financing more accessible and affordable, lowering the costs for both borrowers and lenders. Farmers and food processors can apply for loans ranging from R5,000 to R5 million and receive funding within 10 days — an expedited process compared to traditional banking channels.
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    Seventy-Two Hours: OPay CTO Held Zero Shares on Eve of Aborted $4bn US Listing

    Power of attorney filings and blank Form 3s trace the high-stakes final days before payment giant pulled its IPO.

    ‘The Future Isn’t Just Grants’: How Salient’s i3 Network Brokered $19M in Deals for African Healthtech Startups

    Backed by the Gates Foundation and run by Salient Advisory, i3 is helping African healthtech startups move beyond donor-funded pilots towards commercial partnerships and sustainable scale. Senior Consultant Somto Chloe Keluo-Udeke discusses the initiative with Launch Base Africa.

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Seventy-Two Hours: OPay CTO Held Zero Shares on Eve of Aborted $4bn US Listing

    Power of attorney filings and blank Form 3s trace the high-stakes final days before payment giant pulled its IPO.

    ‘The Future Isn’t Just Grants’: How Salient’s i3 Network Brokered $19M in Deals for African Healthtech Startups

    Backed by the Gates Foundation and run by Salient Advisory, i3 is helping African healthtech startups move beyond donor-funded pilots towards commercial partnerships and sustainable scale. Senior Consultant Somto Chloe Keluo-Udeke discusses the initiative with Launch Base Africa.

    ABA Life Secures $40Mn from Admaius to Test Morocco’s Unicorn Ambitions in Sovereign Health AI

    Growth-equity deal values Casablanca-based HealthTech platform at a fraction of the billion-dollar threshold, as African healthtech funding remains subdued.

    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.