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Earnipay Secures $4 Million Seed Funding to Provide On-Demand Salary to Employees in Africa
Founded by Nonso Onwuzulike to improve the financial well-being of employees, Earnipay uses its technology to offer employees the opportunity to access their earned salaries into their accounts flexibly, in real-time and interest-free.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Digital, Circular Economy Can Earn Thailand $3.4 Billion a Year Extra – World Bank
Digital and disruptive technologies and development of a circular economy can earn Thailand up to $3.4 billion each year in additional investments, savings and revenue, the World Bank said on Tuesday.
- Categories
- Technology, WASH
- Region
- South Asia
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Tanzania, Uganda, and South Africa Are the Top African Markets for Remittance Inflows in Kenya
Diaspora remittances decreased by 3.4 percent, as Kenyans working and living abroad sent home $338.7 million (Sh38.3 billion) in January 2022 compared to a monthly record high of $350.6 million (Sh39.6 billion) in December.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Startup Propelld Gets $35 Million in Funding
Propelld, an education-focused fintech platform, has raised $35 million from WestBridge Capital, as also from existing investors Stellaris Venture Partners and India Quotient, Founded by IIT Madras trio of Bibhu Prasad Das, Victor Senapaty and Brijesh Samantaray in 2017, Propelld has tied up with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 crore.
- Categories
- Education, Finance, Technology
- Region
- Asia Pacific
- Tags
- startups
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Analysis: Inside Facebook’s African Sweatshop
Here in Nairobi, Sama employees who speak at least 11 African languages between them toil day and night, working as outsourced Facebook content moderators.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Remedial Health Raises $1 Million Pre-Seed Funding to Digitise Africa’s Neighbourhood Pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient, says it has raised $1 million in pre-seed funding.
- Categories
- Health Care, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Malawi Gets $14.2 Million Grant for Financial Digitalisation
The African Development Fund (ADF) and the government of Malawi have signed a grant agreement for $14,2-million to undertake infrastructure upgrades and create a more efficient and transparent digital payment system.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Andalin Nets US $4 Million to Foray into Trade Financing, Cargo Insurance, SaaS Freight Management
Indonesian digital freight forwarder Andalin has said it secured US$4 million financing in a round led by Intudo Ventures.
- Categories
- Technology
- Region
- South Asia
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