Sudanese fintech Bloom nabs $6.5M, backed by Y Combinator, GFC and Visa
Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 million seed round. This investment is coming after the startup’s undis
Launch Africa, the VC firm that has backed over 100 startups, closes first fund at $36.3M
Pan-African venture capital fund Launch Africa Ventures today is announcing the close of its $36.3 million fund, which it has primarily used to invest in B2B and B2B2C startups across Africa. In an in
Dear Sophie: What can we do to help employees who are Ukrainian citizens?
We have several employees who are Ukrainian citizens. We want to make sure they can continue to live and work in the United States. What should we do?
Why Nigeria leads the way in YC’s participation in Africa
Nigerian startups are a huge part of the current Y Combinator cohort. Looking at the data, that should not be a surprise.
The 26 crypto startups that Y Combinator is backing in its W22 batch
Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in perso
Sudan’s first YC-backed startup is helping consumers protect and grow their wealth
Anglophone East Africa is home to over 400 million people, with half under 25. The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not
Dear Sophie: What does Biden’s win mean for tech immigration?
Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entr
Trump’s travel ban could extend to Africa’s top tech country, Nigeria
The Trump administration is poised to add several African countries to a U.S. travel ban list, including Africa’s top tech hub, Nigeria. Politico first reported the White House is considering Ta
DHL expands Africa eShop online retail app to 34 countries
DHL has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s e-commerce platform to 34 African countries. DHL went live with the digi
Tinder’s new personal security feature can protect LGBTQ+ users in hostile nations
A new security feature rolling out on Tinder will help protect LBGTQ+ users who travel to dozens of nations that still criminalize same-sex acts or relationships. As part of the update, users who iden
Telegram’s crypto tokens are (kind of) going on sale to the public for the first time
Telegram, the most hyped ICO in the history of ICOs, is finally making its tokens available to retail investors through a limited listing that will precede a full sale later this year — but ther
Facebook failed to stop a child bride being auctioned on its platform
Facebook failed to prevent its platform being used to auction a 16-year-old girl off for marriage in South Sudan. Child early and forced marriage (CEFM) is the most commonly reported form of gender-ba
Sudan’s Internet Back Up After A Day In The Dark
The Republic of Sudan was digitally cut off from the world today, amid government protests. The government likely cut the cord to stem outrage over the termination of fuel subsidies, though they have