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Disrupt AfricaKenyan fintech startup Pezesha has filed a petition for the liquidation of B2B retail-tech counterpart MarketForce, citing unpaid debts. Pezesha is a digital financial marketplace enabling SMEs and merchants with affordable productive embedded credit through their lending infrastructure and…
Disrupt AfricaThe GSMA has announced the launch of its newest GSMA Innovation Fund, in partnership with the UK Foreign, Commonwealth and Development Office (FCDO), to address humanitarian challenges. Through its GSMA Innovation Fund, the GSMA has distributed over GBP5 million (US$6.3 million) to startups, SMEs…
Disrupt AfricaThe South Africa-based E4E Africa, an entrepreneur-driven venture capital fund, has announced the first close of its US$30 million E4E Africa Fund II. Launched in July 2020 with backing from the SA SME Fund, E4E Africa made 11 investments from its first fund, in startups such as insurtech…
Disrupt AfricaKenyan startup tappi, which helps SMEs build their online identity through a chat tool that automatically creates a webpage, has raised US$1.5 million through an oversubscribed pre-seed round of funding to help it digitise and build online trust for African SMEs. Founded by Kenfield Griffith and…
Disrupt AfricaKenyan fintech startup Pezesha has announced the launch of “Pezesha 2.0”, which it describes as a “significant evolution” in its journey towards financial inclusion for underserved micro-SMEs. Pezesha is an end-to-end operating system that enables micro, small, and medium enterprises to instantly…