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Cybersecurity Startup CloudSEK Bags $7 Million in Funding Led by MassMutual Ventures
The startup will use the fresh capital to scale its team of 100 engineers to evolve and refine its machine-learning capabilities as well as in increasing the marketing muscle outside of the country.
- Categories
- Technology
- Region
- Asia Pacific
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The Ins and Outs of Launching a Digital Savings Product in Kenya: Regulatory Guidance for Fintech Startups
Kenya is among the most advanced markets in the world in terms of fintech innovation and digital financial services. But according to Abby Butkus at BFA Global's Catalyst Fund, this innovation has yet to extend to digital savings, where the uncertain regulatory environment requires startups to be creative in their approach. She discusses four ways startups are approaching the regulatory process for their digital savings products, and shares a set of guides Catalyst Fund has released to aid founders in navigating the regulatory environments in Kenya and other countries.
- Categories
- Finance, Technology
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Press Release: Datavault® Contracts With Agri-fintech Company Tingo To Deliver Data Revenue to Its 10 Million International Members
Partnership will focus on the continent of Africa and data monetization strategies within the farming, agriculture, and finance sectors.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
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uYilo To Scale E-Mobility Projects Across Africa After EU Funding Deal
The uYilo eMobility Programme has received multimillion-rand funding from the European Union, which it says will be used to enable and mobilise electric mobility across Africa.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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The Systemic Reasons Behind the SGB Investment Gap: Why Investors Need Systems Data in Emerging Markets
Despite over-performing returns, venture capital investment in emerging markets accounts for only about 10% of total VC capital invested, and a significant financing gap remains for small and growing businesses (SGBs) in these environments. Jason Eaves at Discovered Markets presents several multifaceted reasons for this gap, and presents an unexploited solution: using systems data to overcome the biases and lack of market visibility that limit both investors' and other organizations' ability to effectively support SGBs in these markets.
- Categories
- Investing, Technology
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Silicon Valley Law Firm Sees Surge in Africa Startup Fundraising
The Palo Alto, California-based firm helped Chipper Cash, an African cross-border payments company backed by Jeff Bezos, raise an additional $150 million in a Series C this month.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Global Investment Money Is Flooding Into Africa’s Fintechs
Fintech startups drew more than 60 percent of all venture funding that flowed into Africa last quarter.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Embracing Digital Solutions in Last Mile Distribution: Six Steps for Introducing New Tools to Sales Agents
COVID-19 has accelerated the shift towards greater digitalization that was already well underway in the last mile distribution sector. According to Gerwin Jansen and Yvonne Achieng at Bopinc, more digital services are coming onto the market to meet this demand – but regardless of the benefits of these tools, if sales agents don’t embrace them the business impacts will not be realized. They explore how last mile distributors can successfully embed digital solutions in their sales teams, presenting a six-step approach to rolling out new digital services to agents.
- Categories
- Technology
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