Profiles

Africa-Focused Money Transfer Company, Sendwave, to be Acquired by WorldRemit

Africa-Focused Money Transfer Company, Sendwave, to be Acquired by WorldRemit

WorldRemit, a global cross-border payment company, has announced it will acquire Sendwave, an Africa-focused money transfer app based in the US. The deal which will be in cash and stock is expected to be finalised in the fourth quarter of 2020, according to its press release. WorldRemit is a ten-year-old[Read More…]

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dataprophet funding

South African AI Startup DataProphet Secures $6m to Expand Globally

South African AI company DataProphet, helps businesses automate their activities, has raised a US$6 million Series A funding to expand globally. DataProphet first received VC financing from Yellowoods Capital in 2016, before a further round led by Knife Capital was raised in 2018. DataProphet’s US$ 6 million Series A includes[Read More…]

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