Ericsson completes acquisition of Vonage

Ericsson has completed its acquisition of Vonage Holdings, providing the company with access to powerful building blocks to offer a full suite of communications solutions including communications platform as a Service (CPaaS), UCaaS and CCaaS. By leveraging the Vonage...

R5bn injection brings fibre to SA communities

Standard Bank Group has successfully finalised a R5-billion debt finance package for MetroFibre Networx, supporting its continued fibreoptic data network rollout across South Africa. The financing will be used to expand MetroFibre’s world-class fibre connectivity into...

Moove partners with Uber to launch mega fleet for ride-hailing in India

Mobility fintech Moove, which is Uber’s largest vehicle supply partner in EMEA, is launching in India as a part of its global expansion. Moove, which provides revenue-based financing to mobility entrepreneurs, has expanded from its African roots to Mumbai, Hyderabad,...

New non-executive director for Stanchion

Stanchion Payment Solutions has announced the appointment of Sandy Baker as an independent non-executive director of the company. Baker has more than 30 years’ experience in finance, corporate finance and governance in the fintech, biotech and impact investing...

Level 1 BBBEE company wins innovation funding

Boost Technology, a retailer-first e-commerce platform, has been announced as one of eight global winners of Strive Community’s inaugural round of its Innovation Fund. Boost Technology, a company working with retail entrepreneurs across Ghana, Nigeria and South...

Student housing start-up eyes international growth

DigsConnect.com, South Africa’s largest digital student accommodation platform, has announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment from Launch Africa, Goodwater Capital, Five35 Ventures and Delta...