Egypt’s WayUp Sports, an e-commerce platform specialized in performance-based sports gear, has secured a seed round of funding to help it expand regionally, launch a private brand, and enhance user experience over its application and website.
Kenya’s Ed Partners Africa, a non-banking financial institution that specializes in providing loans to affordable private schools, has announced the commitment of a US$10 million loan guarantee facility from the United States’ Development Finance Corporation (DFC) to help it expand access to affordable education.
South African fintech startup FinMeUp has partnered with consulting firm Decusatio Human Capital Solutions to launch a digital financial consumer education solution that allows organizations of different sizes to onboard staff and beneficiaries as part of their B-BBEE and human capital development strategies to improve financial literacy.
CDP mParticle is being acquired by ecommerce platform Rokt for a price of $300 million. It’s the third acquisition of a leading independent CDP in a little over one month, following Uniphore’s purchase of ActionIQ and Contentstack’s purchase of Lytics. All three buyers offer some type of customer-facing technology; apparently they’ve decided that adding real-time profiles from CDP will give them a competitive edge. (See this blog post for more analysis.)