Youverify, a Lagos and San Francisco–based identity verification company helping African banks and startups automate KYC and other compliance procedures, announced it has secured a $1 million seed round extension. The startup raised a $1.5 million round in 2020, bringing its total seed raise to $2.5 million.
Zedcrest Capital, a firm known for its debt and equity capital markets investments, but who recently started dabbling into venture investments, has launched a $10 million fund for pre-Series A stage startups in Africa.
Freshworks Inc., a software company empowering the people who power business, integrated with Google’s Business Messages for Freshchat, Freshdesk Omnichannel and Freshsales Suite. This integration can help businesses around the world reach and support their customers directly on Google Maps and Google Search mobile apps – making it easy for agents to support consumers in the places they most commonly use to find local goods and services.
The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.