Rob Eloff News Today

Should venture capital take on some characteristics of private equity in order to improve exit chances?

Rali_cap, an early-stage venture capital firm, has launched a $30 million fund. The two-year-old VC fund invests in B2B and API-first fintechs.

Pngme, a financial data platform, closes $3M seed to accelerate growth in Sub-Saharan Africa Since M-Pesa’s mobile money infrastructure came into play in 2007, there has been a proliferation of fintech services ranging from wallets to savings and loans. With this mobile money ecosystem growing in double-digits year-on-year, a lot of data is being created in the process. But this has left some fragmentation, where one person’s information is diverse and can be accessed via multiple channels....

Kountable Secures Funding in Series A-1 Led by Lateral Capital to Launch U.S. Membership and Scale COVID Response Share Article The global trade and technology platform expands to the U.S. and widens its pandemic response to further support SMEs The bold, end to end technology solution offered by Kountable’s team across the US and Africa has the potential to unlock global trade between sophisticated customers large and small. We are fortunate to have the opportunity to support Chris and Kount...