R35m - eriinfo

Cape Town fintech NjiaPay secures R35m in seed funding

eriinfo.com1 week ago03 mins

NjiaPay has secured $2.1m (R35m at R16,66 per US dollar) in seed funding led by European investor Newion Partners to expand its payment orchestration platform across Africa. Left: NjiaPay CEO Jonatan Allback, Right: NjiaPay CPT Roderick Simons | image source: NjiaPay The Cape Town-based fintech provides software that helps businesses manage multiple payment service providers…

UP, Wits get R35m from Google to drive AI innovation

eriinfo.com8 months ago04 mins

James Manyika, senior vice-president for research, labs, technology and society at Google. South African institutions of higher learning – the University of Pretoria (UP) and the University of Witwatersrand (Wits) – have received R35 million funding from US-based internet search giant Google to drive artificial intelligence (AI) research. This, after Google announced a wave of…