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YC-Backed Cashfree Raises $35.3 Million for Its Payments Platform
Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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Billionaire Bezos Backs Start-up in Maiden Africa Investment
Jeff Bezos agreed to back Africa-focused financial technology company, Chipper Cash, making it his first start-up investment on the continent.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, impact investing, startups
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Viewpoint: A Safaricom Split Is a Telco’s Dream and a Fintech Startup’s Nightmare
Talks of splitting up Kenya and East Africa’s dominant telco, Safaricom, previously gathered interest about five years ago when the Kenyan parliament stepped up calls to break the all-conquering telco into two fragments.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Microsoft Collaborates With Social Alpha to Accelerate Growth of Healthtech Startups in India
In its continued efforts to support the startup ecosystem in the country, Microsoft has launched a dedicated program for healthtech startups. The program is designed to help startups scale with advanced technology and joint go-to-market support. Microsoft is also collaborating with startup incubator Social Alpha to accelerate the growth of participating startups.
- Categories
- Health Care, Technology
- Region
- Asia Pacific
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Mastercard, Juvo Team up To Help Underbanked Build Credit in LATAM, Caribbean
Mastercard is teaming up with FinTech startup Juvo to help the “underbanked” in Latin America and the Caribbean to build credit histories so they can engage in a wider range of financial services.
- Region
- Latin America
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How Future Africa Invested $1 Million Across 9 African Startups in Q3 2020
Future Africa, a platform that provides capital, coaching, and community for African innovators, just announced that it invested a total of $1 million in nine African startups in the third quarter of this year.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, impact investing, startups
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Indian Startups Are Out To Digitize Dairy Farming
Dairy startups such as Country Delight and Stellapps are leveraging technologies like internet of things (IoT) and data analytics to increase the production and quality of milk and expand value-added dairy offerings like cheese, butter, ghee leading to an increase in the productivity and income of farmers.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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How Tech Investors in Africa Coped With the Changes Enforced by COVID-19
Last week’s virtual Africa Tech Summit Connects event brought together a host of African tech investors to discuss trends, challenges and opportunities in the wake of COVID-19, and all agreed that the way they do business has been altered by the pandemic.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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