African Ecosystem report highlights incremental progress across the continent’s knowledge economies

PALO ALTO, CALIFORNIA, UNITED STATES, September 20, 2017 — Silicon Valley based African Technology Foundation (ATF) and Managing Partner of the Liberalizing Innovation Opportunity Nations (LIONS@FRICA) partnership, is pleased to announce the official launch of the State of Play report. The report provides a continental, regional, and industry specific look at the evolution of technology ecosystems on […]

Rand Merchant Investment’s AlphaCode makes fourth investment: Luno, international bitcoin platform

Luno today announced its expansion into 35 new markets across Europe, and R120 million Series B funding round, led by London-based Balderton Capital, one of Europe’s leading venture capital firms. Rand Merchant Investments, through its fintech investment arm, AlphaCode, and existing investors Digital Currency Group also participated in the round. This follows Luno’s R60m Series A round, which was led by […]

Fintech FICA record breaker selected for Gartner Innovation Programme

Fintech startup, ThisIsMe, announced that it has been selected to participate in this year’s Gartner’s Innovation Programme which forms part of the Gartner Symposium/ITxpo.  This is one of the world’s most important gatherings of CIOs and senior IT executives which showcases the latest solutions from key technology providers. It runs in Cape Town from tomorrow until Thursday, 21 September at the Cape Town International Convention Centre. ThisIsMe enables businesses to reduce fraud, automate FICA/KYC checks, improve onboarding and increase revenue while providing an on-demand, […]

Leading Fintech Firm Electrum Selected for Gartner Innovation Programme

Electrum, one of South Africa’s most successful fintech companies which specialises in payments technology, has been selected to participate in the Gartner Aspiring Innovators Programme. The aim of this prestigious programme is to highlight innovative providers of enterprise technology to attendees of the Gartner Symposium/ITxpo Africa 2017, which is being held in Cape Town from 18 […]

SA Fintech Industry Pioneers Partner to Further Disrupt Payment Space

Two of South Africa’s first financial technology companies have announced a strategic business relationship that is set to change the fintech payment space. Traderoot and Sureswipe have made available a quick, comprehensive and PCI compliant payment platform that reverses the relationship SMEs and merchants have with traditional financial institutions and places control of business processes […]

Silicon Cape and Le French Tech announce AfricArena innovation conference 

AfricArena is a new platform which aims to connect investors from all over the world with startups from all over Africa and beyond. It was created following the joining of two powerful forces working in this space – Silicon Cape, the most dynamic tech innovation ecosystem on the African continent with nearly 25% of the […]

Cape Town start-up GetSmarter sold for R1,4bn

Nasdaq-listed technology education company 2U has announced it is acquiring Cape Town-based start-up GetSmarter for $103m, or about R1,4bn. Added by Staff Reporter on 3 May 2017. Nasdaq-listed technology education company 2U has announced it is acquiring Cape Town-based start-up GetSmarter for US$103m (about R1,4bn). GetSmarter, founded by brothers Sam and Rob Paddock, develops online […]

Silicon Cape appoints its first MD – Ellen Fischat

After eight years of operation, Silicon Cape has its first permanent Managing Director, Ellen Fischat. Until the appointment of Nozuko Poni as the marketing and project coordinator in March, Silicon Cape had been a predominantly volunteer-driven organisation. The appointment of Fischat is another critical step in bringing structure and focus to the Initiative which has […]

Entrepreneur of the year awards – entries now open!

The Entrepreneur of the Year® competition sponsored by Sanlam and BUSINESS/PARTNERS aims to celebrate entrepreneurial excellence and honour those who are truly successful as heroes of our society. South Africa reportedly has low levels of total entrepreneurial activity and as such desperately needs more entrepreneurs. This competition helps to shine the spotlight on successful entrepreneurs […]