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Argentinian Fintech Infrastructure Startup Geopagos Leaves the Boot Straps Behind With $35M Funding Round
Geopagos promises to help companies that want to create and/or scale a payment acceptance business.
- Region
- Latin America
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Youverify Secures $1 Million Seed Extension Round, Targets 30 African Countries
Youverify plans to enhance its services and expand its footprint across 30 countries, majorly in the southern, eastern and francophone parts of Africa
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Source Global Raises $130 Million in Series D Equity Financing
The company plans to use the capital to accelerate innovation in advanced renewable water technologies.
- Categories
- WASH
- Region
- Global
- Tags
- innovation
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Press Release: Moove Partners With Uber to Launch Mega Fleet for Ride-Hailing in India
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing its launch in India.
- Categories
- Finance, Transportation
- Region
- Asia Pacific
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Disruptive Technology of Solar-Power Bus Kit Launches in Germany
A first of its kind solar-powered bus kit solution launches in Germany. Will this be the example to follow in Africa?
- Categories
- Energy
- Region
- Europe & Eurasia
- Tags
- innovation, renewable energy, solar
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Pan-African CAIF Fund Closes at $112.8 Million
Tunisia-based multi-asset investment platform AfricInvest and US-based VC firm Cathay Innovation, have completed the final close of their joint Pan-African venture fund.
- Categories
- Education, Finance, Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
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Bringing the Digital Media Revolution to Africa: How Innovative Local Publications are Positioning Themselves for Rapid Growth
In Africa, legacy media outlets – both foreign and domestic – are often criticized for being politically biased and racially tone-deaf, while overlooking topics of critical importance to the public. But according to Tomiwa Aladekomo at Big Cabal Media, a new generation of digital publications are highlighting the issues and perspectives that legacy publishers have avoided. He explores how these innovators are navigating the inherent difficulties facing the media industry in Africa, while linking the journalistic strengths of traditional media to the youthful energy and global reach of social media.
- Categories
- Technology, Telecommunications
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The Leapfrog Opportunity in ‘Know Your Customer’ Innovation: Why Africa Needs Local, Digitized KYC Solutions
Know Your Customer (KYC) is a critical process for banks, as it enables them to validate their customers’ identities to fulfill regulatory requirements and protect against fraud. But as Timbo Drayson at OkHi explains, KYC is a big and expensive problem in Africa: For instance, in Nigeria some banks are spending up to $1 million per year to manually verify identities, and 15-30% of customers never complete these processes. He explores three key challenges to KYC in Africa, and presents some tech-driven solutions that could allow the continent to leapfrog to a new global best practice for KYC.
- Categories
- Finance, Technology