Lulalend, a Cape Town, South Africa-based online automated provider of short-term funding for small and medium enterprises (SMEs), raised $6.5m in Series A financing.
Travelstart is to acquire travel agency Club Travel Group.
Travelstart, a Cape Town, South Africa- and Dubai, UAE-based online travel company, received an investment from HarbourVest.
Centbee, a Johannesburg, South Africa-based Bitcoin company, closed its £1m Series A funding round.
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).