FlexClub, a South African startup that matches investors and drivers to cars for ride-hailing services, closed a $1.2 million seed round led by CRE Venture Capital. The company will use the financing to add team members and expand off the continent through a partnership with Uber Mexico. The move comes as Africa’s tech-transit space continues […]... TechCrunch · 1 month
Africa Roundup: Jumia files for IPO, OneFi acquires Amplify, FlexClub expands in Mexico  TechCrunch · 2 weeks
Less than a decade ago IPOs, acquisitions, and global expansion by African startups were more possibility than reality. March saw all three... more
Partnering with Visa, emerging market lender Branch International raises $170 million  TechCrunch · 2 weeks
The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to offer virtual,... more
DHL launches Africa eShop app for global retailers to sell into Africa  TechCrunch · 1 week
DHL is launching an e-commerce app called DHL Africa eShop for global retailers to sell goods to Africa’s consumers markets. The platform goes live... more
Uber, Lyft implement new safety measures  TechCrunch · 3 days
Uber and Lyft instituted new safety features and policies this week. The move follows the death of Samantha Josephson, a student at the University of South Carolina, who was kidnapped and murdered in late March. She... more
Acquisitions, more than IPOs, will create Africa’s early startup successes  TechCrunch · 23 hours
Africa has made its global IPO debut. Pan-African e-commerce company Jumia—a $1 billion-valued company—began trading live on the NYSE last week. The stock offering made Jumia the first... more
Uber is buying Middle Eastern ride-sharing rival Careem for $3.1 billion  THE VERGE · 4 weeks
Uber has announced that it’s buying Careem, a rival ride-sharing service that operates across... more
Artiphon raises $2M round led by Warner Music  TechCrunch · 4 weeks
Artiphon, the startup behind the electronic instrument that it’s dubbed the Instrument 1, has raised $2 million in seed funding. We previously described the Instrument 1 as a symphony, rock band and... more
YC alum Keeper raises $1.6M to help gig workers pay taxes  TechCrunch · 6 days
Matrix Partners has backed one of Y Combinator's recent graduates. more
Internet access in Africa - Are mesh networks the future?  BBC · 4 weeks
Residents in a rural South African community get cheap online access from a network they own and run. more
Apple Pay comes to Uber Eats in nearly 20 markets  TechCrunch · 4 days
Apple Pay has been a payment option in Uber’s app since fall 2014, but the payment option hadn’t made its way over to Uber’s food delivery app, Uber... more
Defy Partners raises $262M to close the Series A gap  TechCrunch · 2 weeks
Defy founders Trae Vassallo and Neil Sequeira have upped the ante. more
Startups Weekly: Lessons from a failed founder  TechCrunch · 1 week
In this week's startups newsletter: Uber files its S-1, Defy Partners nabs $262M and the Vision Fund backs a travel business. more
Startups Weekly: Why Lyft’s $2.2B IPO wasn’t “crazy land” or “nuts”  TechCrunch · 3 weeks
In this week's newsletter: Casper raises big bucks, more podcast M&A and Uber's Careem deal. more
Alsid raises $14.7 million to secure your Active Directory installation  TechCrunch · 4 days
French startup Alsid has raised a $14.7 million funding round (€13 million). The company is working on a security solution to protect your Microsoft Active Directory installation and... more
Uber Vouchers Launched for Businesses, Including in India  Gadgets 360 · 1 week
Developed on the "Uber for Business (U4B)" platform, the "Vouchers" are now being made available in most countries where Uber operates. more
Uber files for IPO  TechCrunch · 1 week
Uber has filed its S-1, setting the stage for the transportation company to go public next month. This comes less than one month after competitor Lyft’s debut on the public market. Uber is listing under the New York Stock Exchange... more
Uber is expected to seek $10 billion in IPO  TechCrunch · 2 weeks
Uber is reportedly making its S-1 publically available tomorrow, according to Reuters. According to the IPO paperwork, Uber will sell around $10 billion worth of stock, Reuters sources say. If... more
NOAA: Bryde's whales in Gulf of Mexico are endangered  ABC NEWS · 1 week
Federal scientists say a tiny group of whales in the Gulf of Mexico is endangered, with threats including oil and gas exploration and development more
New Mexico panel blindsides Facebook with $39M utility bill  ABC NEWS · 3 days
A powerful regulatory authority in New Mexico is requiring the state's largest utility to bill Facebook $39 million for a new transmission line construction more
New Mexico panel surprises Facebook with $39M utility bill  ABC NEWS · 3 days
A powerful regulatory authority in New Mexico is requiring the state's largest utility to bill Facebook $39 million for a new transmission line construction more
Consolidation in Africa as classifieds player Jiji acquires their main competitor OLX  TechCrunch · 2 weeks
As we saw from our recent TechCrunch Battlefield in Africa last year, the continent is producing bigger and bigger tech players, and one can... more
Daily Crunch: Uber files to go public  TechCrunch · 1 week
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1.... more
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