The rails that win in Africa are the ones a spaza shop can accept payment on tomorrow morning.
Sipho Dlamini · Chief Executive · Kasi Pay
ILLUSTRATIVE ENTRY · fictional speaker and organisation
ENTRY: sourcedesk.co.za/e/cynqdf
BEAT: Finance · Demo
BEAT
4 entries
4 entries · newest first
The rails that win in Africa are the ones a spaza shop can accept payment on tomorrow morning.
Sipho Dlamini · Chief Executive · Kasi Pay
ILLUSTRATIVE ENTRY · fictional speaker and organisation
ENTRY: sourcedesk.co.za/e/cynqdf
BEAT: Finance · Demo
SME credit stays scarce because the data needed to price the risk sits in silos nobody connects.
Prof. David Maseko · Economist · Ubuntu Capital Institute
ILLUSTRATIVE ENTRY · fictional speaker and organisation
ENTRY: sourcedesk.co.za/e/79xh9t
BEAT: Finance · Demo
THEME: SME finance
Cape Town payments infrastructure firm Stitch announced a $55 million Series B, led by QED Investors, on 15 April 2025. It had bought ExiPay in January 2025 and bought Efficacy Payments in July 2025.
SOURCE: Stitch announcements: Series B (15 April 2025) and Efficacy Payments acquisition (9 July 2025) · Apr 2025
METHOD: Disclosed funding round
ENTRY: sourcedesk.co.za/e/7hdzpc
BEAT: Finance
Digital insurer Naked announced on 21 January 2025 that it had raised R700 million (about US$38 million) in a Series B2 round, which the announcement coverage describes as the largest insurtech investment in Africa to date.
SOURCE: Naked announcement, 21 January 2025 (as reported by ITWeb) · Jan 2025
METHOD: Disclosed funding round
ENTRY: sourcedesk.co.za/e/w9e7gz
BEAT: Finance · Economy
THEME: Startups
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