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...

Coaxle buys into iX

Coaxle, the integrated data and insights company of which Lightstone is a member, has acquired a 50% interest in iX, a provider of digital solutions primarily to the retail automotive industry. The acquisition will strengthen the synergies between iX and long-standing...

Management buyout at Interconnect Systems

Privately held network infrastructure company Interconnect has announced that its executive team has bought out the share of the company held by its remaining co-founder, Tai van Aswegen. The transaction will be effective on 31 March 2023. “The management buyout...

Graig joins Paratus Namibia board as ESG chairperson

Reagon Graig has joined the board of Paratus Namibia Holdings (PNH), a publicly-traded company on the Namibian Stock Exchange. He has been appointed as an independent non-executive director of the company and as chairperson of the environmental, social and governance...

Velocity acquires Stellarise

Velocity Technology Group has acquired 100% of Stellarise, a London-based Managed Services Provider, for an undisclosed sum. The acquisition will add significant new customers, technical support staff and add significant deployment skills in Microsoft Intune and...