Stitch now offers a multi-acquirer architecture for PayShap Request. Stitch, the payments infrastructure provider behind several South African online retailers, is now live with PayShap Request. This, in a move to give enterprise businesses in South Africa a way to collect real-time payments across all major local banks, according to a statement. PayShap Request is…
African startups raised between $1.3 billion and $1.4 billion in the first half of 2026, in line with the $1.4 billion recorded a year earlier, per data from TechCabal and The Big Deal, showing funding has stabilized despite a tougher venture capital market. The total was supported by a handful of large transactions, even as…
Just days after its historic initial public offering (IPO), SpaceX has officially agreed to acquire AI coding startup Cursor in a massive $60 billion all-stock transaction. The agreement solidifies a fast-moving corporate courtship that began less than two months ago, with the deal projected to close in the third quarter of this year. Read: Meta…
Subverted’s captivating stand at the IT Web Security Summit 2026 event held at Sandton Convention Center. Local cyber security company Subverted used its sponsor and exhibitor presence at ITWeb Security Summit 2026 in Johannesburg to announce Proactive, a unified offensive security platform now in private beta, alongside new releases inside Subverted Academy – the company’s…
Breaze Delivery co-founders Avi Maja and Braden Snyman, with courier drivers. (Image: Supplied) The Vumela Enterprise Development Fund has invested R20 million in South African logistics technology company Breaze Delivery, providing growth capital to help the business expand its technology platform, driver network and geographic footprint. The investment, according to a statement, forms part of…
What does the much-publicised rise and sudden death of a firm that boasted friends in Silicon Valley and Washington DC tell us about the climate crisis, structural underdevelopment in Africa and the frugal innovations designed to mitigate it? The closure of Koko Networks at the beginning of February elicited an interesting range of reactions in…
From left, Carl Wazen (Yoco chief business officer), Thalentha Ngobeni (Dyner CEO), Christopher du Plessis (Dyner CTO) and Lungisa Matshoba (Yoco chief product and technology officer) Payments company Yoco has acquired Dyner.ai, a local start-up that builds AI-driven operations software for restaurants and other small businesses, for an undisclosed sum. The deal appears to be…
Cape Town-based e-commerce logistics start-up Shiprazor has raised US$2.65-million (about R44.6-million) in a seed round led by pan-African venture capital firm Norrsken22, taking its total funding to $3.3-million. AAIC, E4E and Tremis Capital also participated, alongside angel investors that include senior leaders at Google. Founded in 2023, Shiprazor sits between online merchants and courier companies,…
Cape Town-based medtech start-up AI Diagnostics has raised R85-million in a pre-series-A funding round to scale the deployment of an AI-powered digital stethoscope, which is designed to detect tuberculosis through lung-sound analysis at the point of care. The round was led by The Steele Foundation for Hope, with participation from the iFSP Group and the…
Johannesburg — Uganda’s TWave Ltd , who have pioneered an automated, solar-powered fish feeding system that optimizes aquaculture productivity, have been selected as one of 10 startups for the fourth year of the Qualcomm Make in Africa Mentorship Program. For this year’s edition of the one-of-a-kind equity-free African mentorship program, 10 early-stage startups were chosen…
