Brazilian fintech company Ebanx S.A. has disclosed plans to operate in 11 African markets by the end of 2023. EBANX expanded into Africa in September 2022 with hopes to replicate its fast growth in Latin America by placing a greater emphasis on the digital payments side of its business.
The Latin American accelerator of Chilean origin, Platanus Ventures, presents its sixth generation amidst the boom in investments in early-stage startups. Batch 6 of Platanus Ventures is filled with startups in the marketplace industry and software as a service (SaaS), but it also includes other sectors such as edtech, proptech, or the innovative web3.
Ethiopia’s JEMLA is a B2B e-commerce wholesale platform that is helping informal retailers access a wide variety of fast-moving consumer goods (FMCGs) products. The platform connects dukas, kiosks or souqs with FMCGs, providing them with a dependable and cost-effective supply chain and distribution network customised to their requirements. In addition, the platform provides access to working capital and a range of services to help retailers expand their businesses, including data insights through the use of technology.
Salesforce has reversed course on its bid to acquire data management and integration platform Informatica a source has told Reuters. Informatica itself said that it is not in talks to be acquired. Salesforce stocks rose on this latest news while Informatica’s fell.