Customer expectations require digitally-led insurance approach. As technology evolves, people are not only comfortable with a digital environment but have also embraced an always on mobile lifestyle. They now demand a seamless customer experience from their service providers across all engagement channels. This requires insurers to better accommodate customer need for immediacy, product choice, and personalisation.
Blockchain Luno Exchange teams up with Genesis to let customers earn interest on their crypto holdings. Luno, a South African cryptocurrency exchange platform, has teamed up with Genesis, a digital currency prime brokerage platform to let customers earn interest on crypto holdings. The partnership creates savings accounts that offers institutional-level interest rates to clients in traditional and emerging markets. These innovative savings accounts will provide traditionally
Funding Egyptian fintech, ElGameya, secures six-figure pre-seed to help people save money. Eyptian fintech, ElGameya, has secured a six-figure pre-seed investment led by AUC Angels. Other investors who participated I the round were Cairo Angels and Alex Angels. ElGameya enables people to save money using money circles. The users can use the platform to take part in the existing money circles available
Nigerian church service platform, O'Sanctus app allows Catholics attend virtual services amid COVID-19 pandemic. Nigerian Church Service platform, O’Sanctus app is allowing Catholics to attend virtual services, reserve time with priests and make financial offerings amid the ongoing pandemic. The O’Sanctus app was developed last year by Nigerian tech firm, Applus Dome Limited to enable Catholics to attend virtual services. It is
Instagram rolls out Reels for video creating and sharing to rival TikTok Facebook Inc’s Instagram has rolled out Reels feature that allows users to create and share videos to rival popular Chinese app, TikTok. This feature comes after Microsoft said it was in talks to acquire TikTok’s US operations from China’s ByteDance. Just like TikTok, Reels users can record
Samsung Presents New Galaxy Z Fold 2 5G Samsung has revealed its most recent foldable gadget – the World Z fold 2 5G – at its yearly Unloaded 2020 occasion. The cell phone is like the System Z Flip and Z Flip 5G which were discharged not long ago yet The Skirt reports that this denotes Samsung’s first major
Delivery company, ‘Delivery Hero’, to rebrand food delivery startup, Otlob to Talabat. Delivery Hero is rebranding Egyptian food delivery startup, Otlob to Talabat, coming this September. With this rebranding exercise, Delivery Hero is consolidating its business in the Middle East and North Africa under the brand of Talabat. In a statement, Talabat said, “The September 1st rebrand reconfirms Talabat’s commitment to
Syrex wants to Secure your workplace with Microsoft. South African cloud services provider (CSP) Syrex is working closely with Microsoft South Africa to provide local organizations with a more secure way of managing the security of their remote work environments. “The COVID-19 pandemic and resultant lockdown have caught many decision-makers off guard. Rushing to implement remote working practices
Artificial Intelligence AI and data annotation startup, Enlabeler raises investment from VC fund, E4E. Enlabeler, an AI and data annotation startup, has raised an undisclosed investment from new VC fund, Entrepreneurs for Entrepreneurs (E4E) Africa. E4E decided to invest in Enlabeler due to its focus on creating job opportunities for marginalised South Africans. According to the startup, their ethos is to create an inclusive
Funding Dresscode, Egyptian e-commerce startup, secures six-figure in seed funding Dresscode, an Egyptian e-commerce retail startup, has secured a six figure USD in Seed funding from Egypt Ventures. Dresscode is an e-commerce retail platform that sells women wear, beauty and home products, with the aim to connect Egyptian manufactures to the consumers directly. The fresh funds will be used to
WhatsApp Rolls Out a New Feature That Allows Users To Check Accuracy Of Forwarded Messages. WhatsApp has revealed another feature of theirs that permits clients to rapidly twofold check the accuracy of a sent message, particularly one that has been forwarded. As indicated by the official report, this element accompanies an amplifying glass button before any common message conveying a connection. Tapping the catch sidetracks
Smile Reveals it’s Dual SIM Smartphone to Nigeria. Smile Nigeria has introduced its first passage level double SIM cell phone with 4G and LTE capacities. The telco says that it trusts this will give shoppers access to their system at a more reasonable rate. The SmileVoLTE double SIM cell phone is “Google affirmed and fabricated in association with
Capitec's Banking Application Positions Number 1 on South Africa's Apple and Google App Store. Capitec has uncovered that its new banking application has reached the #1 spot on both the South African Google Play and Apple application store graphs. It as of now move in front of Zoom, Whatsapp Courier, Tik Tok, and Facebook. Their computerized financial administrations are the most broadly utilized in
Shift Fund opens applications for second-round funding for entrepreneurs Enygma Ventures’ subfund, Shift, has opened applications for the second round of funding for entrepreneurs and innovators in Africa who have existing businesses or new business ideas. The Shift Fund which was launched in April this year through a partnership between Enygma Ventures and Startup Circles. The new fund came
Microsoft South Africa commits R40-million in SA agriculture sector Microsoft South Africa has committed an amount of R40-million in South Africa’s agriculture sector, which is the country’s key player driving growth and job creation. According to the news put out on their site, Microsoft SA will work closely with local tech companies to create innovative solutions to
Funding Plentywaka, Nigerian Bus booking startup, secures $300 000 pre-seed investment. Plentywaka, Nigerian Bus booking startup, has received $300,000 pre-seed investment led by EMFATO, Microtraction, and Niche Capital. In addition, the pre-seed funding will be used to help the startup expand its reach into Abuja and other Nigerian states. Plentywaka is a bus sharing solution that allows commuters to book
MTN rolls out API marketplace for developers and businesses. Telecommunications Company, MTN Group is rolling out an application programming interface (API) marketplace for software developers. The API marketplace which is dubbed Chenosis will enable developers and businesses to discover and subscribe to open APIs. In a statement, MTN said, “Chenosis will enable developers to tap into a broad spectrum
SilverBridge, DocFusion partnership drives digitalisation in financial services. Microsoft Managed Partners SilverBridge and DocFusion have entered into a strategic alliance that sees the DocFusion document generation solution integrated into the SilverBridge digital insurance suite, enhancing the digital offering for customers in the insurance industry. SilverBridge’s focus is on modernising core applications and the digitalisation of processes in
South African telecom operator, Telkom enters the financial services market. South Africa’s telecom operator Telkom is entering into the financial services market as part of its strategy to continue to diversify its income streams beyond the fixed-line business. The mobile operator company hopes to Target about 11 million South Africans who do not have bank accounts to offer lending
South Africa’s Grindstone Accelerator rolls out early-stage VC fund South Africa-based business accelerator, Grindstone has rolled out early-stage venture capital fund dubbed, Grindstone Ventures that grants equity funding to its cohort companies. Grindstone Accelerator is a structured entrepreneurship development programme which is owned by both venture capital fund manager Knife Capital and market access specialist Thinkroom Consulting. The programme
Nigeria's Kiakiaprint takes print-on-request business worldwide with Canva organization Nigerian print-on-request startup, Kiakiaprint has taken its business worldwide with its association with online structure and distributing organization, Canva. According to the report, this is Canva’s first association with an African print-on-request organization. What’s more, it comes a month after the $6 billion organization raised $60 million and
CARMA, Kenyan startup signs agreement to begin operations in Zambia CARMA, a Kenyan-based credit data marketplace, has signed an agreement to begin operations in Zambia. CARMA grants lending companies access to real-time credit data on a peer-to-peer basis via a pay-as-you-go service. Even though the CARMA’s headquarters is in Nairobi, the initial launch will take place in Zambia, where
South Africa digital bank, Capitec rolls out eSignature capability South African digital bank, Capitec is rolling an eSignature capability, by means of a biometric fingerprint. Capitec claims to be the first South African bank to introduce a legally compliant e-signature which complies with Section 13 of the South African Electronic Communications and Transactions (ECT) Act of 2002, in that:
Gozem, Togolese ride-hailing company, rolls out new e-commerce delivery service in Togo, Benin Gozem, a Togolese ride-hailing company, has rolled out a new e-commerce delivery service that enables users to order groceries, gas canisters, and other essential items in Togo and Benin. The service comes at a time to help people have to practice social distancing measures to reduce the spread of the
First National Bank introduces Virtual Debit and Credit Cards to facilitate online and physical payments First National Bank (FNB) is launching virtual cards for individual customers and businesses across Debit, Fusion, and Credit Cards. The digital card solution built into Android and iOS which will facilitate both online and physical payments safer and more convenient. According to FNB executives, the Virtual Card will be rolled