Tim Sherwin joins Entersekt board

Accel-KKR, a technology-focused private equity firm, has announced the appointment of Tim Sherwin, former CEO and co-founder of Cardinal Commerce, to portfolio company Entersekt’s board of directors. Financial authentication company Entersekt provides financial...

Powerfleet secures secondary JSE listing

Powerfleet, a provider in the Artificial Intelligence of Things (AIoT) Software-as-a-Service (SaaS) sector, has attained a secondary listing on the Johannesburg Stock Exchange (JSE). Powerfleet listed on the Nasdaq in 1999 and, as part of its expansion move, is in the...

InDrive speeds expansion efforts with R2,8bn financing

Global mobility and urban services platform inDrive has announced the expansion of its financing arrangement with General Catalyst to R2,8-billion. The financing extension, which can be further extended for an additional year, enhances inDrive’s financial...

Fintech startup secures $11m funding from Standard Bank

Standard Bank has provided an $11-million facility to fintech Float, which will facilitate the rollout of its card-linked instalment platform, supporting its accelerated growth plans over the next four years. Float is a new payment method that encourages responsible...

Euphoria Telecom announces new leadership

Cloud-based VoIP business solutions provider Euphoria Telecom has announced additions to its senior leadership team to guide its strategic growth plan. Newly appointed MD Warren Hawkins and operations director Leonie Stanley will work with technical director Nic...

Africarare joins OMA3 Metaverse Alliance Board

Africarare has been inducted into the OMA3 (Open Metaverse Alliance for Web3) Board. The company Africarare aims to help Africa connect with the global digital economy. By 2050, Africa is expected to house over one-third of the globe’s youth. This demographic...