Browsing: Mark Shuttleworth

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

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

Technology billionaire Mark Shuttleworth has slammed government’s failure to fix problems at the Independent Communications Authority of SA (Icasa), warning ongoing capacity problems at the regulator are hampering economic growth. Shuttleworth, speaking to TechCentral following Icasa’s decision last week to postpone an auction of valuable radio frequency spectrum, says there is no “clear prioritisation of telecommunications as a vital source of growth in the SA economy”.

Talk Radio 702’s Aki Anastasiou is our special guest in our final podcast for 2009. In this episode — number 93 — Anastasiou joins Brett Haggard, Duncan McLeod and Simon Dingle to discuss Mark Shuttleworth, the Joojoo Internet tablet, Google’s Nexus One smartphone, and much more