Paymenow raises R250m debt facility

Earned Wage Access (EWA) platform Paymenow has raised a R250-million ($14-million) debt facility through Rand Merchant Bank (RMB) in a first-of-its-kind structure for the EWA market in South Africa. EWA is a financial wellness offering to employees which allows them...

Multichoice sets up new technology division

MultiChoice has created a new technology division to align its delivery across the group. The new division will house the broadcast technology division, enterprise business systems, group digital, DStv streaming technology and project management office under one...

Troop secures $11m Series B funding

Troop, global developer of corporate meeting technology and services, has announced that it has secured $11-million (R201-million) in Series B funding. The funding will contribute towards expanding the company’s presence in South Africa and globally. Troop plans...

Ramp secures $5m in seed funding

Ramp, a forecasting decision science startup that is transforming how global finance teams plan for the future, has closed a $5-million seed round, which it intends to utilise to streamline the onboarding of new clients to allow for scale. Ramp was created in 2018...

SA to lead growth for Atlas

Atlas, the global HRTech company that simplifies international hiring and payroll, has launched in South Africa as part of its global expansion plan. Since 2022, Atlas has doubled its presence in the Middle East Africa (MEA) region and now plans to make South Africa...