| Date | Title | Description |
| 02.02.2023 | South African digital lender Lulalend bags $35m Series B | SME-focused South Africa-based digital lender Lulalend has secured $35 million in a Series B funding round led by Lightrock.
Lulalend founders Neil Welman and Trevor Gosling
New investors DEG, Triodos Investment Management, and Women’s Worl... |
| 01.02.2023 | South African digital lender Lulalend to launch banking product off the back of $35M Series B | In most African countries, access to credit remains limited for many small businesses, with the reasons ranging from the inability to pay collateral and lack of credit history to unfavorable lending criteria and high-interest rates.
Banks a... |
| 01.02.2023 | Lulalend raises $35 million Series B round to avail credit to small businesses in SA
TechCabal’s 2021 Year-End report
Success! | South African digital lender Lulalend has announced that it has secured a $35 million (~R600 million) Series B round, led by Lightrock with participation from investors including DEG, Triodos Investment Management, and Women’s World Banking... |
| 01.02.2023 | Lulalend secures $35m to scale its lending business | In an arid investment landscape, Lulalend, a South Africa-based digital lender catering to underserved small and medium-sized enterprises (SMEs), has finalised a transformational $35 million (R600 million) Series B funding round.
Lulalend w... |
| 01.02.2023 | Digital lender Lulalend secures R600-million in huge series-B round | Lulalend co-founder and CEO Trevor Gosling
South African digital lender Lulalend has secured US$35-million (R600-million) in new funding through a series-B round it has described as “transformational” to its business.
Lulalend will use the ... |
| 01.02.2023 | Lulalend secures $35m to scale its lending business | In an arid investment landscape, Lulalend, a South Africa-based digital lender catering to underserved small and medium-sized enterprises (SMEs), has finalised a transformational $35 million (R600 million) Series B funding round.
Lulalend ... |
| 01.02.2023 | Lulalend Raises $35M in Series B Funding | Lulalend, a Cape Town, South Africa-based digital business lender company, raised $35M in Series B funding.
The round was led by Lightrock, with participation from German development finance institution DEG, Triodos Investment Management, a... |
| 08.11.2022 | Quona Capital, a fintech-focused VC, closes its third fund at $332 million | Companies powering financial services continue to take the leading position in cheque sizes globally. This situation is more pronounced in Africa where fintech startups received about two-thirds of the total $5 billion raised in 2021. The r... |
| 09.03.2022 | Stage 4 Load Shedding – Advice For SMEs To Keep The Tills Ringing | Load shedding.jarl-schmidt-8qgFNfC2oAI-unsplash
A private sector-driven task force will provide small businesses with instant financial assistance to survive the latest round of load shedding. It was re-initiated in Cape Town at the end of ... |
| 09.03.2022 | Stage 4 Load Shedding – Advice For SMEs To Keep The Tills Ringing | Load shedding.jarl-schmidt-8qgFNfC2oAI-unsplash |
| 17.01.2022 | [Opinion] Four steps to SME success in 2022 | Every new year brings with it an array of business challenges and opportunities. The onset of the COVID-19 pandemic has had devastating consequences for business owners across South Africa.
“It is safe to say that the biggest factor contri... |
| 17.01.2022 | [Opinion] Four steps to SME success in 2022 | Every new year brings with it an array of business challenges and opportunities. The onset of the COVID-19 pandemic has had devastating consequences for business owners across South Africa.
“It is safe to say that the biggest factor contrib... |
| 27.01.2021 | SA fintech increases SMME funding limit to R2-million | Lulalend, one of the country’s leading B2B digital SMME lenders has, increased the amount of funding it is able to offer to R2-million.
Lulalend has increased its funding limit to R2-million
A recent study completed by TransUnion has report... |
| 27.01.2021 | SA fintech increases SMME funding limit to R2-million | Lulalend, one of the country’s leading B2B digital SMME lenders has, increased the amount of funding it is able to offer to R2-million.
Lulalend has increased its funding limit to R2-million
A recent study completed by TransUnion has repo... |
| 23.10.2020 | Two SA fintechs win prestigious global inclusive fintech award | Lulalend, one of the country’s leading B2B digital lenders, and Paycode, a SA fintech that provides biometric digital identity and low-cost access to basic financial services in rural areas were awarded recognition in the 2020 Inclusive Fin... |
| 23.10.2020 | Two SA fintechs win prestigious global inclusive fintech award | Lulalend, one of the country’s leading B2B digital lenders, and Paycode, a SA fintech that provides biometric digital identity and low-cost access to basic financial services in rural areas were awarded recognition in the 2020 Inclusive Fin... |
| 29.09.2020 | New payment tool launches for local SMEs | Lulapay enables SME businesses to have their invoices paid faster allowing business owners to manage their cash flow more effectively.
Lulapay’s platform ensures that SMEs are paid immediately, while still offering reasonable payment terms ... |
| 29.09.2020 | New payment tool launches for local SMEs | Lulapay enables SME businesses to have their invoices paid faster allowing business owners to manage their cash flow more effectively.
Lulapay’s platform ensures that SMEs are paid immediately, while still offering reasonable payment terms... |
| 30.04.2020 | Covid-19 and African tech startups roundup [30/04/2020] | SA employers are angry and frustrated with having to put up with the Unemployment Insurance Fund’s (UIF) ever changing directives to claim under its Temporary Employer/Employee Relief Scheme (Ters).
This, while Nedbank announced it is part... |
| 30.04.2020 | Covid-19 and African tech startups roundup [30/04/2020] | SA employers are angry and frustrated with having to put up with the Unemployment Insurance Fund’s (UIF) ever changing directives to claim under its Temporary Employer/Employee Relief Scheme (Ters).
This, while Nedbank announced it is partn... |
| 17.03.2020 | SA tech startups put in place measures to tackle coronavirus | SA’s tech startups are responding to the threat of the coronavirus by putting in place austerity measures and devising new innovative solutions for customers, while instructing employees to work remotely from their homes.
Following Preside... |
| 17.03.2020 | SA tech startups put in place measures to tackle coronavirus | SA’s tech startups are responding to the threat of the coronavirus by putting in place austerity measures and devising new innovative solutions for customers, while instructing employees to work remotely from their homes.
Following Presiden... |
| 16.03.2020 | Quona Capital Closes Second Fund with $203 Million Aimed at Financial Inclusion | Quona Capital, a venture firm focused on financial inclusion in emerging markets, today announced the final close of the Accion Quona Inclusion Fund.
The Fund closed with $203 million in commitments from an array of leading investors includ... |
| 24.01.2020 | Top African startups are upbeat over plans for 2020 – here’s why | It might still be early days, but 2020 seems set to be a good year for African tech startups.
This is the general sentiment from some of Africa’s top tech startups — such as Egyptian healthtech firm Vezeeta, Nigerian mobility platform Max.... |
| 24.01.2020 | Top African startups are upbeat over plans for 2020 – here’s why | It might still be early days, but 2020 seems set to be a good year for African tech startups.
This is the general sentiment from some of Africa’s top tech startups — such as Egyptian healthtech firm Vezeeta, Nigerian mobility platform Max.n... |
| 15.01.2020 | South African FinTech in 2020 – What Can We Expect? | wp_booster error:
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| 30.12.2019 | 10 ways Africa’s fintech sector boomed in 2019 | Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in 25 deals (in disclosed deals).
Fintech deals accounted for about 18% of the almost $290-mil... |
| 30.12.2019 | 10 ways Africa’s fintech sector boomed in 2019 | Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in 25 deals (in disclosed deals).
Fintech deals accounted for about 18% of the almost $290-mi... |
| 24.12.2019 | Are these the 10 biggest deals by African tech startups in 2019? | Big money. That’s what African 86 tech startups raised this year.
While not every startup wanted to disclose how much they raised, those that did made a ton of it — almost $290-million going on data from 88 venture capital (VC) disclosed d... |
| 24.12.2019 | Are these the 10 biggest deals by African tech startups in 2019? | Big money. That’s what African 86 tech startups raised this year.
While not every startup wanted to disclose how much they raised, those that did made a ton of it — almost $290-million going on data from 88 venture capital (VC) disclosed de... |
| 20.12.2019 | Are these SA’s 11 biggest disclosed VC deals in 2019? [Updated] | UPDATE (20 and 23 December): This article was updated to correctly state that SweepSouth’s R30-million raise from Naspers Foundry was part of a R60-million round closed in October. We have also removed the R500k Vollar deal which was actual... |
| 20.12.2019 | Are these SA’s 11 biggest disclosed VC deals in 2019? [Updated] | UPDATE (20 and 23 December): This article was updated to correctly state that SweepSouth’s R30-million raise from Naspers Foundry was part of a R60-million round closed in October. We have also removed the R500k Vollar deal which was actual... |
| 09.12.2019 | The tech sector in SA is still a hot place to be [Opinion] | South Africa’s economic outlook may be gloomy, with annual growth forecast to barely past 1.5% over the next three years, but things are still hot in SA’s tech startup sector — so hot you’ll need a pair of shades when talking about it.
Awa... |
| 09.12.2019 | The tech sector in SA is still a hot place to be [Opinion] | South Africa’s economic outlook may be gloomy, with annual growth forecast to barely past 1.5% over the next three years, but things are still hot in SA’s tech startup sector — so hot you’ll need a pair of shades when talking about it.
Away... |
| 31.10.2019 | Fintech lender Investmint links small firms looking for funding, with investor | Chris Bruchhausen and Gareth Price are behind one of SA’s latest fintech lenders, Investmint — which links investors with small businesses looking for finance.
Every month in South Africa seems to yield a new fintech platform looking to of... |
| 31.10.2019 | Fintech lender Investmint links small firms looking for funding, with investor | Chris Bruchhausen and Gareth Price are behind one of SA’s latest fintech lenders, Investmint — which links investors with small businesses looking for finance.
Every month in South Africa seems to yield a new fintech platform looking to off... |
| 04.09.2019 | Accion Venture Lab to invest at least $4.5m in African fintechs with new fund | Accion Venture Lab, the seed investment initiative of US-based non-profit Accion, has launched a new $23-million fund aimed at fintech startups that focus on financial inclusion.
The seed investment initiative announced the launch of the n... |
| 04.09.2019 | Accion Venture Lab to invest at least $4.5m in African fintechs with new fund | Accion Venture Lab, the seed investment initiative of US-based non-profit Accion, has launched a new $23-million fund aimed at fintech startups that focus on financial inclusion.
The seed investment initiative announced the launch of the ne... |
| 16.08.2019 | Five SA fintechs that service the growing market of SME lending [Updated] | An increasing number of fintech startups are looking to fund small businesses in South Africa using online platforms and apps to service the massive demand for such finance.
There may be tens of fintech platforms lending to SMEs that are no... |
| 16.08.2019 | Five SA fintechs that service the growing market of SME lending [Updated] | An increasing number of fintech startups are looking to fund small businesses in South Africa using online platforms and apps to service the massive demand for such finance.
There may be tens of fintech platforms lending to SMEs that are n... |
| 16.07.2019 | Are these SA’s 10 biggest disclosed VC deals so far in 2019? [Updated] | UPDATE (18 July and 23 December 2019): The list and figures have been updated to take into consideration deals in the crypto sector that were unintentionally excluded in the initial version of this article.
We have also removed the R500k Vo... |
| 16.07.2019 | Are these SA’s 10 biggest disclosed VC deals so far in 2019? [Updated] | UPDATE (18 July and 23 December 2019): The list and figures have been updated to take into consideration deals in the crypto sector that were unintentionally excluded in the initial version of this article.
We have also removed the R500k V... |
| 03.07.2019 | LulaLend looking to access R500m in debt funding following latest raise [Q&A] | SA fintech startup Lulalend has had access to over R150-million in debt funding since launching in 2014 and is on track to access another R500-million off the back of the startup’s latest equity raise of $6.5-million (R92-million), announce... |
| 03.07.2019 | LulaLend looking to access R500m in debt funding following latest raise [Q&A] | SA fintech startup Lulalend has had access to over R150-million in debt funding since launching in 2014 and is on track to access another R500-million off the back of the startup’s latest equity raise of $6.5-million (R92-million), announce... |
| 28.06.2019 | South African digital lender Lulalend raises $6.5M Series A | Share this:
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| 26.06.2019 | SA fintech LulaLend raises $6.5m from the IFC, Quona Capital | Cape Town based fintech startup Lulalend has closed a $6.5-million (R92-million) Series-A round led by the World Bank’s IFC and Quona Capital.
The startup, which was founded in 2014 by CTO Neil Welman and CEO Trevor Gosling (pictured above,... |
| 26.06.2019 | SA’s FinTech Startup Lulalend Raises R93M | Lulalend co-founders
Lulalend has raised a R93 million ($6.5 million) Series A round co-led by IFC and Quona Capital.
TechCrunch reported that the South African lender will use the round to build its tech and data team and improve its abili... |
| 26.06.2019 | SA’s FinTech Startup Lulalend Raises R93M | Lulalend co-founders |
| 26.06.2019 | South African SME finance startup Lulalend raises $6.5M Series A | South African digital lender Lulalend has raised a $6.5 million Series A round co-led by IFC and Quona Capital.
The Cape Town based startup uses an online application process and internal credit metrics to provide short-term loans to small ... |
| 26.06.2019 | Lulalend Raises $6.5M in Series A Funding | Lulalend, a Cape Town, South Africa-based online automated provider of short-term funding for small and medium enterprises (SMEs), raised $6.5m in Series A financing.
The round was co-led by IFC and Quona Capital, with participation from ex... |
| 26.06.2019 | SA fintech LulaLend raises $6.5m from the IFC, Quona Capital | Cape Town based fintech startup Lulalend has closed a $6.5-million (R92-million) Series-A round led by the World Bank’s IFC and Quona Capital.
The startup, which was founded in 2014 by CTO Neil Welman and CEO Trevor Gosling (pictured above... |
| 29.06.2018 | Five SA angel investors you want to meet | If you’re a startup and you need money the chances are you are going to look to friends and relatives for help. Or you could try an angel investor.
Angel investors often choose to operate in the shadows, as a silent investor — which means i... |
| 29.06.2018 | Five SA angel investors you want to meet | If you’re a startup and you need money the chances are you are going to look to friends and relatives for help. Or you could try an angel investor.
Angel investors often choose to operate in the shadows, as a silent investor — which means ... |
| 13.11.2017 | SME failure rate set to spike unless funding is addressed – LulaLend survey | The South African SME sector is set for a major crisis unless access to adequate business funding can be ensured as a matter of urgency claims Lulalend CEO Trevor Gosling, following a survey the online lender held with 100 small businesses.... |
| 13.11.2017 | SME failure rate set to spike unless funding is addressed – LulaLend survey | The South African SME sector is set for a major crisis unless access to adequate business funding can be ensured as a matter of urgency claims Lulalend CEO Trevor Gosling, following a survey the online lender held with 100 small businesses.... |
| 23.05.2017 | Innovation awards finalists announced | FNB Business in association with Endeavor South Africa has announced 12 startups shortlisted for the FNB Business Innovation Awards.
The awards are aimed at businesses that are able to demonstrate real innovation that has the potential to ... |
| 23.05.2017 | Innovation awards finalists announced | FNB Business in association with Endeavor South Africa has announced 12 startups shortlisted for the FNB Business Innovation Awards.
The awards are aimed at businesses that are able to demonstrate real innovation that has the potential to c... |
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| 31.01.2017 | South African Financial Services Landscape is Set to Change – here’s how | - |
| 11.10.2016 | LulaLend raises new round of funding from Accion Venture Lab | Online lending platform LulaLend has raised a new round of funding from Accion Venture Lab, a division of Accion. The round also included participation from Newid Capital and Hallmann Holding International Investment GmbH.
When asked about... |
| 11.10.2016 | LulaLend raises new round of funding from Accion Venture Lab | Online lending platform LulaLend has raised a new round of funding from Accion Venture Lab, a division of Accion. The round also included participation from Newid Capital and Hallmann Holding International Investment GmbH.
When asked about ... |
| 07.10.2016 | South Africa-Based Online Lending Platform Lulalend Raised Financing | South Africa-based online lending platform Lulalend raised a new round of financing of undisclosed amount.
The round was led by Accion Venture Lab, the early-stage investment vehicle of the financial inclusion leader Accion, with participat... |
| 07.09.2016 | Top 31 entrepreneurs under 40 making waves in South Africa [Digital All Stars] | Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business pe... |
| 07.09.2016 | Top 31 entrepreneurs under 40 making waves in South Africa [Digital All Stars] | Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business pe... |
| 12.05.2016 | 26 Fintech startups you absolutely need to know about [Digital All Stars] | Digital All Stars is a series of 24 articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business... |
| 12.05.2016 | 26 Fintech startups you absolutely need to know about [Digital All Stars] | Digital All Stars is a series of 24 articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business... |
| 19.03.2015 | Innotribe Startup Challenge announces Africa’s 14 fintech semi-finalists | The Innotribe Startup Challenge for 2015 has revealed its semi-finalists for this year. Sixty fintech startups from across the globe — 14 hailing from Africa — have been selected to pitch their new products during the regional showcases in ... |
| 19.03.2015 | Innotribe Startup Challenge announces Africa’s 14 fintech semi-finalists | The Innotribe Startup Challenge for 2015 has revealed its semi-finalists for this year. Sixty fintech startups from across the globe — 14 hailing from Africa — have been selected to pitch their new products during the regional showcases in ... |
| 25.03.2010 | EBRD Provides Banca Intesa Beograd with €30M to Boost Financing to SMEs in Serbia | The European Bank for Reconstruction and Development (EBRD) has provided Banca Intesa Beograd with a €30m credit line for on-lending to small and medium companies across Serbia.
The proceeds of the loan will be used to finance the investmen... |
| - | Lulalend, a South African fintech startup, raises $35 million in a Series B round | Lulalend, a South African fintech startup, has raised US$35 million in Series B funding to expand its digital lending platform for underserved SMEs.
The international impact investor Lightrock led the investment round, which included previo... |
| - | Downing Ventures Invests £3.5m in Funding Platform for SMEs | Downing Ventures has completed a $10 million Series A investment round in Funding Xchange with the closure of the second tranche of financing co-led with Gresham House Ventures, and additional funding from Hambledon Capital. Funding Xchange... |
| - | Lulalend | “Need business funding to increase your cashflow and grow your SME? Find out why Lulalend is the easiest way to get up to R5 million for your business.” |
