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SA biometric authentication startup Iidentifii claims to be market leader in Africa

Statistics released by the Southern African Fraud Prevention Service (SAFPS) in September show a 99% increase this year over 2018 in the number of cases in South Africa involving identity fraud. One startup reckons it’s come up with a way to tackle this. Lance Fanaroff, the co-founder and co-CEO of…

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Insurance tech startup Acko raises funds from Ascent

Insurance tech startup Acko General Insurance Ltd has raised $16 million in fresh funding from growth capital provider Ascent Capital, according to the company’s filings with the registrar of companies (RoC), sourced from business intelligence platform Paper.vc. The Mumbai-based insure-tech startup received allotments of “10 equity shares of ₹10 each…

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Zephyr Peacock India funds financial solutions startup Loanzen

Private equity fund Zephyr Peacock India Growth Fund, which invests in small and medium enterprises in India, has decided to fund financial solution startup Loanzen, business daily Economic Times reported citing the Press Trust of India. Headquartered in Bengaluru, Loanzen provides financial solutions to the logistics industry. The company plans…

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