Browsing: Vinny Lingham

SA’s Vinny Lingham hits US pay dirt

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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

Lingham’s Gyft secures $5m funding

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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

Silicon Valley reaches out to SA

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A new, high-profile group founded by three South Africans now living in Silicon Valley and London has been formed to help grow SA businesses into global firms by providing the connections, advice and investment they need to take their ideas beyond SA’s

Google lures small business online

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If there is one company that does not have to throw alms from the gilded corporate carriage to the unwashed masses of small businesses out there, it is Google. Its very existence is already a potent form of small-business support. Yet the Internet juggernaut has recently stepped up its outreach to SA small businesses. Woza Online

Skyrove to take on mobile incumbents

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Skyrove, a specialist wireless hotspot company, plans to launch an audacious bid for national radio frequency spectrum and, if it gets it, it plans to build a network to take on the country’s incumbent mobile operators. The company, run by CEO Henk Kleynhans, plans to participate in an auction for national radio frequency in the 2,6GHz ba

Can Cape Town become SA’s Silicon Valley?

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Silicon Cape is a new initiative aimed at fostering technology innovation in the Western Cape. But will it fly? Cape Town already represents the technology hub of the Southern African region. And as one of SA’s most successful technology entrepreneurs, Yola.com founder Vinny Lingham, says