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PayPal co-founder raises $100m for new payments startup

WASHINGTON - Affirm, a startup led by PayPal co-founder Max Levchin, said on Thursday it secured $100m in financing to expand its consumer lending business that aims to disrupt the credit card industry...

17 Oct 2016

#InnovationMonth: wiGroup CEO attends Endeavor International Selection Panel as winner of FNB Business Innovation Awards 2016

As overall winner of the FNB Business Innovation Awards for 2016, Bevan Ducasse, founder and CEO of wiGroup, was sponsored a trip to the Endeavor International Selection Panel in Boston earlier this month...

By Jessica Tennant 30 Sep 2016

Start-up funding now available in reopened project

The manufacturing competitiveness enhancement programme (MCEP) was partially reopened on Monday, after a year-long suspension, to accommodate black industrialists in need of start-up funding...

By Fifi Peters 21 Sep 2016

Streaming: changing the mining finance model

Streaming has increased in popularly globally as an alternate form of funding in the mining industry...

By Georg Kahle 7 Sep 2016

Gender gap in entrepreneurship receding

Financing figures from local small and medium enterprise (SME) risk financier, Business Partners Limited (BUSINESS/PARTNERS), shows an encouraging cultural and empowerment shift in South Africa...

26 Aug 2016

Three things you can do to improve your odds of getting small business loans

Startup financing is often the holy grail of entrepreneurs and it takes a high degree of commitment to your idea to go through the rollercoaster ride of raising financing for a startup...

By Boris Dzhingarov, Issued by Monetary Library 19 Jul 2016

WDB, Grovest buy stakes in Seed Engine

WDB Investment Holdings (WDB) and venture capital company Grovest have taken 30% and 27,5% stakes respectively in ICT accelerator Seed Engine...

6 Jul 2016

How to speak startup

Venture capital in South Africa is starting to take hold. With a host of venture funds, section 12J companies, incubators and startup clubs being launched, startups are becoming more popular...

5 Jul 2016

Telkom fund to grow digital seedlings

Telkom has plans to establish a technology fund to invest in digital startups. The fund is part of new digital plans that the fixedline operator has introduced in an effort...

By Thabiso Mochiko 20 Jun 2016

SA startup Snapt raises R15m in funding

Convergence Partners, the investment firm controlled by well-known ICT industry businessman Andile Ngcaba, has announced it is investing $1m (about R15,6m) in South African technology startup...

1 Jun 2016

Financing your business through the value of your property

There is more than one way to use home finance and this article considers a few do's and don'ts as well as other matters to bear in mind when opting to use your home equity to finance your business...

By Glen Bresler, Issued by Meredith Harington 29 Apr 2016

Cooling startup funding chills the 'unicorn' herd

Venture capital flows to startups globally cooled further in the first quarter of 2016, in a fresh sign of caution over the so-called tech 'unicorns', a survey showed...

14 Apr 2016

Orange acquires a €75m equity interest in Africa Internet Group

Orange has acquired a 75 million euro equity interest in the Africa Internet Group, joining AXA, Goldman Sachs and long-standing investors MTN Group, Millicom and Rocket Internet...

6 Apr 2016

Singapore-based ecommerce marketing startup raises $1m to enter Indonesia

Email and digital marketing startup Ematic Solutions has raised a pre-series A round of close to US$1 million, it announced today. The funding comes from MDI Ventures, a venture capital fund backed by Telkom Indonesia, the country's major telco...

By Tech in Aisa 26 Feb 2016

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