Standard Bank invests in 2 African tech start-ups to be scaled across Africa in Founders Factory programme. The Venture Scale programme at FFA provides African start-ups with £220 000 in tailored support services across product design, data science, engineering and business development, along with an additional financial cash investment of £30 000.
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As an African FinTech Start-Up with an international presence, the pressure to maintain and deliver a world class product is very real. With the rush of newbies to the online space there has never been a more important time to provide a safe and secure environment for individuals and businesses to transact.
The struggle? Lack of awareness that such an incredible barrier to prevent fraud, scams and corruption not only exists but is also affordable. Below are various press articles detailing the benefits of using a certified Escrow Payment Platform. We’ll be updating this section often, so bookmark this page to stay up to date.
Now, more than ever, it is vital that buyers and sellers in every industry feel safe and secure when doing business – much of which is happening online now thanks to the local lockdown regulations, and the increasing need for business to be done virtually, often with new suppliers that have not been dealt with before.
Is buying online secure? The answer to that is as vague as the question: yes and no. Doesn’t help much, does it? The more appropriate question we should be asking is: Can we make sure we are secure when buying online? The answer to that is an emphatic: Yes! Is it easy or do I need to jump through hoops? It can be as easy as saying “secure” or a little less straight forward, with a few hoops.
Truzo is an independent escrow service provider that enables buyers and sellers to transact anywhere, via any device in a safe and secure way. The company was established out of a deep desire to ensure buyers and sellers aren’t scammed and to spur economic growth in Africa.
It’s an uncertain time for South Africa. The fierce tug of war between economy and health can be seen playing itself out on social media platforms, the varied opinion pieces in the press, on WhatsApp groups and chats between friends, family and colleagues.
Corporate-backed accelerator and incubator Founders Factory Africa has announced that it has accepted four new startups to its Venture Scale programme, which kicked off yesterday. Founders Factory Africa announced in a statement yesterday that it was welcoming Truzo (South Africa), RedBird (formerly Redbird Health Tech, from Ghana), MVXchange (Nigeria) and WellaHealth (Nigeria) to the six-month programme.