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Cadana Bags $7.4 Million to Streamline Payroll for Global Hiring Platforms
The round was led by Costanoa Ventures, with participation from Better Tomorrow Ventures and 500 Startups.
- Categories
- Finance
- Region
- Global
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Malaysia’s Paywatch Secures $30 Million Funding From a Mix of Equity and Credit Facilities
This is the largest funding round closed by an Malaysia-based earned-wage access (EWA) player in Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia
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Alyve Health Bags USD $5.5 Million in Series A Round
With the raised capital, the Mumbai-based health-tech startup aims to grow initiatives across key areas.
- Categories
- Health Care, Technology
- Region
- Asia Pacific
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Fibe Raises USD $90 Million in Series E Round
Moving beyond a typical financial solutions provider, Fibe is playing a pivotal role in fulfilling the aspirations of young India - the world's largest workforce.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Rwanda’s EV Startup Ampersand Partners with BYD for Expansion
On Tuesday, June 18, 2024, Kigali-based electric vehicle (EV) energy tech company, Ampersand, signed a landmark agreement with a Chinese–born EV company, BYD, to enhance electric motorbike development and deployment in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Lagos Allocates N1 Billion Seed Fund for Startups
The Lagos State government has allocated N1 billion as a seed fund for startups to the Lagos State Science, Research, and Innovation Council (LASRIC).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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African Tech Titans vs. Red Tape: How Striking the Right Regulatory Balance Can Advance the Continent’s Economic Future
Africa has emerged as a pivotal player in the global tech marketplace, with a digital economy that’s projected to grow to $712 billion by 2050. Yet according to Seyi Ebenezer at Payaza Africa Ltd., this potential is threatened by regulatory frameworks that struggle to keep pace with the rapid evolution of technology. He explores how overly stringent regulation is impeding business and economic growth in the region, and how regulators can foster innovation while protecting consumers and other stakeholders.
- Categories
- Finance, Technology
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Kanoo Highlights ‘Astronomical’ Local Growth Potential as Presence Expands Across West Africa and the Caribbean
Rees explains that Kanoo is looking for a partner for the continent of Africa for the Kanoo super app.
- Region
- Sub-Saharan Africa