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South Africa’s Hlayisani Capital Launches 2nd Fund with Initial $29.9 Million in Commitments
It offers strategic support and capital to high-growth, highly scalable SMEs with a proven track record, and specialises in growing these SMEs into large, successful enterprises that operate across multiple territories, create jobs and generate export revenue domestically.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Divest Launches Money Xchange to Simplify Cross-Border Payments in Africa
One of the main features of Money Xchange is transparency. The platform allows users to see exchange rates before they confirm a transaction.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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DriveWealth Powers Ualá’s Launch of U.S. Stock Investing in Mexico
The launch marks another step forward in expanding access to global capital markets for a broader population of investors.
- Categories
- Investing, Technology
- Region
- Latin America
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Western Union and Sasai Fintech Boost Digital Remittance Access for South Africa’s Consumers
Through this app, customers can transfer funds to billions of bank accounts and wallets worldwide, or for cash pick-up at hundreds of thousands of retail locations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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South African Anti-Fraud Startup Orca Secures $2.35 Million Seed Round to Protect Emerging Market Payment Rails
As financial inclusion accelerates across Africa, largely driven by mobile money and e-wallets, cybercrime has followed suit. According to an Interpol report, South Africa was the most cyber-attacked country on the continent and the third most globally in 2021.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Fasanara and IFC Launch New Strategy to Expand Access to Finance for MSMEs in Emerging Markets
The initiative will channel more affordable, flexible financing to MSMEs by supporting fintech lenders that serve these businesses.
- Categories
- Investing
- Region
- Global
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South Africa: Hlayisani Capital Secures Over $30 Million for New Fund
Hlayisani Capital manages over R1 billion (about $62 million) across three funds and focuses on backing high-growth, technology-enabled businesses with strong South African roots.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: Pesalink and PAPSS Unlock Cross-Border Payments in Local Currencies in Kenya
The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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