Mar 4, 2022
South African FinTech Group, Capital Appreciation, has expanded its portfolio of technology companies. Capital Appreciation has acquired the Responsive Technology group for the purchase price of about R48,68-million. The acquisition includes three South African...
Mar 2, 2022
Ukheshe Technologies, has appointed Darryn Botha as its CIO. Botha’s role will include overseeing data security, maintaining a stable IT infrastructure, while enabling Ukheshe’s business strategy and improving its ability to engage and collaborate with...
Mar 2, 2022
VALR.com, a cryptocurrency exchange headquartered in South Africa, has raised $50-million (over R750-million) in Africa’s largest ever crypto funding round. This values the company at $240-million (R3,7-billion). VALR’s oversubscribed Series B equity...
Feb 25, 2022
Lenovo Group has announced historic highs for both profit and revenue, reporting its first $20-billion quarter. Lenovo’s performance delivered significant year-on-year improvements. Net income grew at a rate of over 50% for the sixth consecutive quarter, with Q3...
Feb 24, 2022
Clickatell has secured $91-million in its Series C round. This round was led by Arrowroot Capital, with participation from Kennedy Lewis Investment Management, Endeavor Global and Harvest. Clickatell, which has delivered double-digit profitable growth for several...
Feb 22, 2022
Cape Town-based start-up PayJustNow has announced a significant investment by a major fintech player that will drive its ongoing growth in the booming buy now, pay later (BNPL) space. Established in 2019, PayJustNow has shown significant customer and merchant growth,...
