Yoco raises US$83m to scale financial ecosystem

South African payments and software platform, Yoco, has secured $83-million (R1,2-billion) in Series C funding amid a surge in demand for digital payments amongst African small businesses. This is the largest single investment raised by a small business-focused...

Pineapple secures R80m investment

Pineapple has closed their Series A round at R80m in total. Notable investors on the ticket are Lireas Holdings, the ASISA ESD Fund, E4E, Vunani Capital and the Old Mutual Enterprise & Supplier Development Fund. Pineapple is an insurtech startup that has captured...

MTN invests R350m in Limpopo, Mpumalanga, North West

MTN is making significant headway in ensuring more people in SA benefit from the modern, connected world. The planned network investment in the in Limpopo, Mpumalanga, and North West areas, for the 2021 financial year of R350-million, is aimed at modernising,...

Convergence Partners’ fund aims for digital inclusion in Africa

Convergence Partners, a private equity investor focused on the technology sector across sub-Saharan Africa, has announced the successful first close of its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF) at $120-million. The fund is targeting...

IFS acquires Customerville

IFS has acquired design-driven feedback technology provider Customerville, a feedback platform that elevates feedback and listening across the entire customer journey, blending technology, design, and behavioral science to emulate how people naturally share and...

Salesforce completes acquisition of Slack

Salesforce has completed its acquisition of Slack Technologies. “We couldn’t be more excited to have Slack as part of the Salesforce family, combining the #1 CRM and the trailblazing digital platform for the work anywhere world,” says Marc Benioff,...