New CFO for Liquid Intelligent Technologies

Liquid Intelligent Technologies has announced the appointment of Lerato Dipuo Phueginia Pule as chief financial officer (CFO) for its South Africa operations, effective 1 February 2024. Deon Geyser, CEO of Liquid Intelligent Technologies South Africa, says: “I...

GoMetro secures £9m funding

Fleet management company GoMetro has announced the successful completion of a £9-million Series A funding round. The round was led by new investor Zenobē, with significant participation by FutureGrowth Asset Managers. Following-on in the Series A round were existing...
Jobjack receives R45m investment backing

Jobjack receives R45m investment backing

Local online recruitment start-up Jobjack has secured R45-million in investment funding in a pre-series A round. The funding round was led by Old Mutual subsidiary Next176 and includes the Michael & Susan Dell Foundation as impact-focused investors. Founded in...

Mastercard invests in SA’s technology infrastructure

Mastercard has announced the completion of significant new technological infrastructure that will enable the tech company to process transactions locally and drive the modernisation of South Africa’s payments industry. The project is the latest major investment...

Finnfund investment bridges the digital divide with Nokia

Approximately 80% of homes in South Africa remain unserved by fast and affordable broadband internet. Fibre access is expensive and limited to affluent suburbs, perpetuating the digital divide. Moreover, micropayments are prohibitively expensive due to high bank...

IFC, RMB partner with Liquid to accelerate digital transformation

Liquid Intelligent Technologies will receive R450-million in funding from the International Finance Corporation (IFC) and Rand Merchant Bank (RMB) each for its South African operations. The total investment of R900-million will support universal and affordable...