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CrowdFunding Tag

Cameroonian Gaming Startup Kiro’o Games Raises $342k Via Crowdfunding To Invade Smartphone Games Market

Building on the success of “Aurion’s Heritage of Kori-Odan”, which in 2016 became the very first video game made in Cameroon, Cameroonian startup Kiro’o Games has announced it has raised $342k as part of a fundraising campaign it launched in 2019. Buoyed by the funding, the startup has announced the launch of its very first game on PlayStore. Read also: Cape Town Launches An Innovation Challenge For Entrepreneurs “We have delivered ‘Early Access’ our game (…), which allows any player to experience the life of a high official of the Imaginary Republic of Mboa in a comic fashion. It is the first time in world history that the life of...

Ugandan Fintech Startup Eversend Raises $706k Through Crowdfunding

At a time when investors are conserving their cash, Ugandan digital-only finance platform, Eversend, which is providing cross-border money transfers among other services, is defying the odds to secure EUR634,000 (US$706,000) in investment through a Seedrs crowdfunding campaign. “It’s a great way to create a community of user investors. There’s nothing better than customers owning a part of the business,” founder and chief executive officer (CEO) Stone Atwine said the Seedrs campaign was part of a fundraising round that would also include institutional investors. Next Article: Nigerian startup Jamborow raises $400k for blockchain-based fintech platform Here Is What You Need To Know Even though Eversend launched its Seedrs campaign targeting a raise...

AFRICAN NEOBANK, EVERSEND EXCEEDS TARGET OF €550,000 IN SEEDRS CROWDFUNDING CAMPAIGN

African Neobank, Eversend, has successfully exceeded its initial target of €550,000 crowdfunding target through its Seedrs crowdfunding campaign. This comes after Eversend announced Its plans to hold a crowdfunding campaign on Europe’s largest equity platform, Seedrs. Eversend is an African neobank with a multi-currency e-wallet that allows people to exchange, spend, and send money across borders, Insurance, virtual debit cards, and bill payments. The company now offers 7.67% with a €6,616,739 pre-money valuation. The company stated, “For Africans and Africans in the diaspora that experiences inconvenient and expensive financial services, Eversend is a one-stop financial services hub to exchange, save, manage and send money at the best possible rates, both...

African Crowdfunding Association probing controversial Uprise.Africa

The African Crowdfunding Association (ACfA) is conducting a review this week of equity crowdfunding platform Uprise.Africa, the association’s CEO and chairperson of the board, Elizabeth Howard said. The association, which is a non-profit organisation that receives grant funding from FSD Africa, represents African crowdfunding platforms and intermediaries. Related article: Nigerian tech entrepreneurs crowdfunding for COVID-19 relief The review, follows an exclusive exposé by Ventureburn last week, in which questions are now being asked about the crowdfunding platform, its head Qadir Tabassum and a R25-million fake pledge made to SA startup Intergreatme  The African Crowdfunding Association is reviewing Uprise.Africa and its compliance with the association’s Charter of Good Conduct In the absence of regulation, the association...

Nigerian tech entrepreneurs crowdfunding for COVID-19 relief

Individuals from the likes of Paystack, Hygeia HMO, Zedvance, Accounteer, Future Africa, Hotels.ng, Zrosk and Bento, who describe themselves as “better angels” have launched We Are Together in response to the socio-economic issues being caused by efforts to prevent the spread of the virus in Nigeria.  Describing themselves as “tech entrepreneurs who cannot sit by and do nothing while the world falls apart”, the group said they are using technology developed for their companies and leveraging the power of networks to crowdsource a fiscal stimulus for Nigeria.  We Are Together accepts donations from donors and redistributes them directly to people in need of financial support. Nigerians in financial distress...

“Crowd-farming” startups address vicious cycle, and eye wider impact

Africa is home to 25 per cent of the world’s farmland, but just 10 per cent of crops produced globally are generated on the continent. A vicious cycle exists here, but it is one being addressed by a host of African tech startups, many of whom are now eyeing wider opportunities. Read more from source article: https://disrupt-africa.com/2020/03/crowd-farming-startups-address-vicious-cycle-and-eye-wider-impact/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

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