Ecentric Payment Systems, a South Africa based payment processor, received a strategic investment from FSS (Financial Software and Systems), a global payments technology company.
Coindirect, a Douglas, Isle of Man-based global cryptocurrency platform, raised €1m funding.
Snapt, Inc., an Atlanta, Georgia-based application delivery controller (ADC) company, raised $3m in series A funding.
Jumo, a Cape Town, South Africa-based-based fintech company, secured $52m in funding.
Yoco, a Johannesburg, South Africa-based Point of Sale payments provider, raised US$16M in Series B funding.
Higher Ed Partners South Africa, a Johannesburg, South Africa-based online education company, secured an undisclosed funding.
Centbee, a Johannesburg, South Africa-based Bitcoin wallet and merchant payment ecosystem, raised an equity funding from nChain, a blockchain research and development firm.
Pineapple (Formerly know as Amyti), a Johannesburg, South Africa-based insurtech startup, raised ZAR5.2m (approx. US$400k) in seed funding.
Inspired, a premium schools group in Europe, Australia, Africa and Latin America, received a private equity investment from TA Associates.
AllLife, a Johannesburg, South Africa-based insurtech startup focused on providing innovative life insurance products for those living with HIV and diabetes, closed a funding round of undisclosed amount.
Takealot Online (Pty) Ltd, a Cape Town, South Africa-based eCommerce company, receives a R960m (approx. $69m) investment from Naspers (NPN.SJ and LSE: NPSN).
Pargo, a Cape Town, South Africa-based high tech logistics and fulfillment company, secured over R15m in equity funding.
Eventerprise.com, a Cape Town, South Africa – based global events platform that connects event-related businesses with potential clients, raised $400k in funding.
South Africa-based online lending platform Lulalend raised a new round of financing of undisclosed amount.
Zoona, a Cape Town, South Africa-based fintech company, raised $15m in Series B financing.