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Jun
24
2024

Zeepay Raises $7.9 Million in Series A Investment

Zeepay Raises $7.9 Million in Series A Investment Zeepay, a Ghanaian fintech startup, has closed a $7.5 million Series A funding round, dubbed one of Africa's largest Series A rounds to date. According to the startup, this latest round of funding will be used to expand its mobile payment services across Africa and into the Caribbeans. The funding round was led by impact investment firm I&P, with participation from ARK Holdings, an early-stage venture capital firm focused on Africa, GOODsoi.

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Jun
24
2024

MDaaS Global raises $2.3 million in seed funding and launches an e-diagnostic feature

MDaaS Global raises $2.3 million in seed funding and launches an e-diagnostic feature MDaaS, a diagnostic healthtech startup, raised $2.3 million in seed funding and expanded its array with a new product feature called SentinelX. Newton Partners, an early-stage venture capital firm, led the round, which also included participation from CRI Foundation, FINCA Ventures, Techstars, and Future Africa. MDaaS was founded in 2016 by Co-founder and CEO, Oluwasoga Oni, with the mission of facilitating .

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Jun
24
2024

Can Biometrics Eventually Replace Passwords

Can Biometrics Eventually Replace Passwords? Today's users place a high premium on security. Whether it's our home or our phones, we're accustomed to having the most robust security measures in place. Additionally, as cyberattacks continue to plague us, we may seek new defenses. Google, Apple, and other tech giants are also equipping their devices with robust security features to safeguard user data. Each of us has witnessed the evolution of security technology over the last two decades. We've.

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Jun
24
2024

Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ community

Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ+ community There has been a surge in the number of newly formed digital banks targeting specific demographics over the last year. Almost always, banks are attempting to meet the needs of segments of society that they believe are being overlooked or underserved by traditional financial institutions. The most recent neobank to emerge is New York-based Daylight, which bills itself as the count.

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Jun
24
2024

Pietra raises $15M from Founders Fund to help creators launch their own product lines

Pietra raises $15M from Founders Fund to help creators launch their own product lines  In the burgeoning creator economy, startups are increasingly looking to build paint-by-numbers platforms that enable aspiring creators to more easily overcome previously insurmountable business obstacles. The Pietra team, which includes former Uber employees, is capitalizing on this vision by developing a backend for launching and scaling creator product lines. The startup, which was previously a marke.

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Jun
24
2024

Peanut has launched a microfund called StartHER to invest in early-stage startups

Peanut has launched a microfund called StartHER to invest in early-stage startups Peanut, the creator of a female-focused social networking app, has entered the investing space with the launch of a microfund called StartHER today. As the name implies, the new fund will invest in women and historically marginalized founders "of all ages, life stages, ethnicities, and sexual orientations," according to the company. StartHER is particularly interested in addressing the difficulties that certain gr.

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Jun
24
2024

Forum Brands raises $27M Series A as crowded Amazon roll-up space continues to heat up

Forum Brands raises $27M Series A as crowded Amazon roll-up space continues to heat up The number of startups that are acquiring e-commerce businesses, particularly those that operate on Amazon, in order to grow and scale is increasing as more people shop online than ever. Forum Brands is the latest such startup to announce that it has raised $27 million in equity funding for its technology-driven e-commerce acquisition platform. The round was led by Norwest Venture Partners and included exis.

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Jun
24
2024

Google tightens UK policy on financial ads after watchdog pressure over scams

Google tightens UK policy on financial ads after watchdog pressure over scams The UK's expanded role in digital regulation post-Brexit is still being felt today, as evidenced by Google's announcement that it will soon only run ads for financial products and services when the advertiser has been verified by the financial watchdog, the FCA. According to Google, the Google Ads Financial Products and Services policy will be updated on August 30, and Google will begin enforcing the new policy on Se.

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Jun
24
2024

Ably raises $70 million for its developer platform that enables realtime features

Ably raises $70 million for its developer platform that enables realtime features Ably is a Pub/Sub messaging platform that enables businesses to incorporate real-time functionality into their products. The company recently completed a $70 million Series B financing led by Insight Partners and Dawn Capital. Every day, you use a variety of apps that continuously push and fetch data. When you send a message in your preferred chat app, collaborate on a document, initiate a video call, or view fin.

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Jun
24
2024

Givingli, a digital greeting card startup, raises $3 million in a seed round

Givingli, a digital greeting card startup, raises $3 million in a seed round While the digital revolution has altered nearly every aspect of social interaction and communication over the last few decades, the humble birthday card has demonstrated surprising resilience. Givingli, a small Los Angeles-based startup with an app that aims to disrupt the way Generation Z sends digital greeting cards, has raised seed funding from investors who believe in their philosophy of modern gifting. The startu.

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