Browsing: Gyft

The venture capital community in South Africa is too risk averse and doesn’t understand the start-up model, particularly when it comes to high-growth start-ups. That’s the view of San Francisco-based South African Internet

Serial South African technology entrepreneur Vinny Lingham – the man behind Yola and Gyft and a co-founder of the Silicon Cape Initiative – has just gone live with his latest venture, Civic. Lingham, who now lives

Digital cryptocurrency Bitcoin faces a key year ahead that could seal the fate of its long-term adoption, says South African-born Silicon Valley entrepreneur Vinny Lingham. Lingham first integrated Bitcoin payments into his US-based digital gift

South African-born Silicon Valley entrepreneur Vinny Lingham wants to curb identity theft with his latest venture, called Civic. Lingham shot to Silicon Valley fame when he sold his virtual gift card service Gyft to First Data for more than US$50m in 2014

Eight South African leaders made the Choiseul 100 Africa index, which ranks young Africans who will play a major role in the development of Africa in the near future. The Institut Choiseul identified only eight South African leaders under the age of 40, in a list that includes growing business leaders, successful entrepreneurs

A technology-powered South African home cleaning start-up, SweepSouth, has become the first local company to be selected by 500 Startups, a Silicon Valley-based venture capital fund and start-up accelerator. It’s the first time a South African company

Technology start-ups and the entrepreneurs who lead them should tackle the “many great opportunities” in South Africa and Africa more broadly rather than trying to emulate his decision to move to the US, says Gyft founder Vinny Lingham. Lingham, now one of the “dragons” in the South African

In the past couple of years, start-ups — especially in the technology sector – have at long last been given a bit more time in the spotlight. This has mostly coincided with endeavours like Silicon Cape and the passion of a handful of individuals — entrepreneurs, investors and geeks – to create more of an

Vinny Lingham, the South African entrepreneur behind online gift card service Gyft, has hit pay dirt. Lingham has agreed to sell the company, which is based in San Francisco, to First Data, a big player in the payment technology space, for a rumoured figure of more than US$54m

Gyft, the San Francisco start-up founded by South African technology entrepreneur Vinny Lingham, has secured US$5m in additional capital from new investors A-Grade Investments, Social+Capital Partnership, Karlin Ventures, Haas Portman and entrepreneur David O Sacks