South Africa

South Africa is a country on the southernmost tip of the African continent, marked by several distinct ecosystems. Inland safari destination Kruger National Park is populated by big game. The Western Cape offers beaches, lush winelands around Stellenbosch and Paarl, craggy cliffs at the Cape of Good Hope, forest and lagoons along the Garden Route, and the city of Cape Town, beneath flat-topped Table Mountain.
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
May 24, 2023  |  Investments

Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South...

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South Africa’s RTP Scheme Hopes to Turn Highly Banked, Cash-Centric Consumers Into RTP Users
South Africa’s RTP Scheme Hopes to Turn Highly Banked, Cash-Centric Consumers Into RTP Users
April 10, 2023  |  Digital Payments

Compared to other African markets which have high levels of unbanked populations, more than 80% of South Africa’s population has access to a bank account....

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Planet42 Raises $100M to Expand Rent-to-Own Car Fleet
Planet42 Raises $100M to Expand Rent-to-Own Car Fleet
February 22, 2023  |  Investments

Rent-to-own car startup Planet42 hopes to add to its fleet after raising $100 million. The South African company also hopes to use the capital to...

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InsurTech Naked Looks to New Markets After $17M Series B
InsurTech Naked Looks to New Markets After $17M Series B
February 15, 2023  |  Insurance

South Africa’s Naked has raised $17 million to tap into the world’s growing InsurTech market. The Series B funding, reported Wednesday by TechPoint, will help...

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Nokia to Deploy Communication Infrastructure to Connect 8 African Countries
Nokia to Deploy Communication Infrastructure to Connect 8 African Countries
February 02, 2023  |  emea

Nokia will deploy new digital infrastructure connecting Southern and Eastern Africa. The Finnish telecommunications company announced on Thursday (Feb. 2) that it has been selected...

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Finclusion Group Rebrands as Fin, Nets $2M Startup Funding
Finclusion Group Rebrands as Fin, Nets $2M Startup Funding
December 28, 2022  |  Investments

The African FinTech group Finclusion Group has received $2 million in startup funding. The latest investment coincides with a company-wide rebranding with the group now...

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Collaboration Required to Deliver on Financial Inclusion in Africa
Collaboration Required to Deliver on Financial Inclusion in Africa
December 19, 2022  |  Financial Inclusion

It’s been a tumultuous and volatile year for businesses around the world. And while the uncertainty is expected to continue into 2023, Karen Nadasen, CEO...

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Cellulant to Launch in South Africa, UAE and UK Next
Cellulant to Launch in South Africa, UAE and UK Next
December 01, 2022  |  International

Kenyan payment company Cellulant is branching into the South African market. Cellulant Chief Business Officer Sike Bamisebi discussed the firm’s regional expansion plans in a...

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5 EMEA Destinations Targeting Digital Nomads
5 EMEA Destinations Targeting Digital Nomads
November 30, 2022  |  emea

The digital nomad trend is booming as the list of attractive destinations is expanding.  Armed with laptops and wanderlust, these modern-day working travelers have the...

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