Young black South Africans with entrepreneurial ambitions may well find that studying computer programming or software developing provides the springboard they need to grab the eye of a venture capital funder. With an inherent bias towards
Browsing: Fundamo
In recent weeks, I’ve been fortunate to meet a range of really smart South African entrepreneurs who are doing incredibly exciting stuff in the technology space, often with relatively few resources. Despite all the doom and gloom that is our politics, and despite the poor state of
It is getting easier and easier for consumers to transfer money anywhere in the world as new technologies come to market using cellphones and payment networks. In the past week, Visa and MTN announced a payment platform that allows cross-border transactions, FNB opened up its
Last week’s purchase by Visa of Cape Town-based mobile payments company Fundamo in a US$110m all-cash deal demonstrates clearly how the race is on to provide electronic financial services using cellphones, especially in emerging markets
It’s a short, sharp, punchy show this week, with your hosts Duncan McLeod and Craig Wilson tackling everything from Steve Jobs to Telkom’s upcoming results. Highlights this week’s podcast include a look at Visa’s US$110m acquisition
Barely a decade after he sold his Cape Town Internet security business Thawte Consulting to the US’s Verisign for US$575m, software billionaire Mark Shuttleworth has hit pay dirt again in this week’s acquisition by Visa of local mobile
Global payments giant Visa is buying Cape Town-based Fundamo, a mobile payments company focused on emerging markets, for $110m in cash. Fundamo is privately held by a group of SA investors, including Sanlam, Remgro and HBD Venture Capital