TLDR Kredete, a fintech focused on helping African immigrants build credit and access financial services, has raised $22 million in a Series A round The raise was led by AfricInvest through its Cathay AfricInvest Innovation Fund and Financial Inclusion Vehicle, with participation from Partech and Polymorphic Capital The company will use the capital to expand…
From left: Stephen Britto, CFO and Kosta Scholiadis, founder and CEO of Street Wallet. Cape Town-based fintech start-up Street Wallet has raised R6.2 million ($350 000), at a valuation of over R34 million ($2 million), to accelerate its mission of bringing SA’s street vendors and SMEs into the digital economy. This is according to Kosta…
Quantum computing firm IQM says it’s raised $320 million of fresh funding to ramp up investments in technology and commercial growth. The startup, which is headquartered in Espoo, Finland, was founded in 2018 by a team of scientists with the aim of building powerful quantum computers in Europe like the machines companies such as Google…
Zed Industries, creator of the high-performance open-source code editor Zed, today announced it has raised $32 million in Series B funding led by Sequoia Capital, bringing total funding to over $42 million. The investment will accelerate development of new capabilities that enable real-time collaboration between developers and AI agents directly within code. Contextual and Collaborative…
Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult for customers to identify, as calls and e-mails appear to come from their banks’ legitimate contact details,” the bank said in a statement on…
Under the floodlights of the stadium, the air was electric. The crowd sang, flags waved, and on the pitch, Tanzania’s “Taifa Stars” delivered yet another statement victory at the TotalEnergies African Nations Championship (CHAN) PAMOJA 2024. For head coach Hamad Suleiman, it was a night of pride. For Madagascar’s Romuald Rakotondrabe, it was a night…
South African travel-focused fintech TurnStay has raised $2 million in seed funding to expand across African markets The round was led by First Circle Capital and joined by TLcom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures The startup operates a merchant-of-record structure combined with payment orchestration, allowing card payments to be processed in…
Body20 is proud to announce the success of its Body20 Cares charity initiative, which raised a remarkable R151,525 in support of children with cancer and their families across South Africa. The funds were raised through a nationwide campaign that ran from April to May 2025, during which 50% of all new joining fees at Body20’s…
U.S. President Donald Trump speaks to reporters near Air Force One at the the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images After months of speculation, U.S. President Donald Trump has divulged more of his semiconductor tariff plans, but his latest threats might raise more questions than…
Thai Son S.P. Co. garment factory in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025. Daniel Ceng | Anadolu | Getty Images U.S. President Donald Trump announced a trade pact with Vietnam on Wednesday, but its scant details have left economists wondering about what it would mean for the flow of Chinese goods…
