SA fintech startup Sava closes $1.8M pre-seed funding round

South African fintech startup Sava has announced a US$1.8 million pre-seed funding round to develop its central spend-management platform. Founded earlier this year, Sava is a spend-management platform that combines bank accounts, mobile wallets, payments, accounting integrations, and invoice and expense management tools in one platform.

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Mexican startup Vivanta aims to be the suite for providing health data to companies

July 7, 2022

Vivanta analyzes not only devices such as smartwatches but also smartphones and other fitness devices with Internet access, giving it the whole user journey, with data such as heart rate, steps walked, sleep quality, and respiratory rate, all obtained with prior authorization. Its clients will then be able to create data-driven products, such as insurtech solutions and even fintech solutions that reward good health habits. The Mexico-based startup plans to provide its clients with tools to connect, understand and use people’s data.

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Africa-focused VC firm TLcom Capital expands into pre-seed, North Africa

July 7, 2022

Africa-focused VC firm TLcom Capital has expanded its deal flow generation into the pre-seed area while also starting to target Egyptian ventures. Founded in 1999 and with offices in Lagos, Nairobi and London, TLcom has US$350 million of assets under management across Africa and Europe, and in January 2022 announced the first close of its US$150 million TIDE Africa Fund II.

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Marketers to Focus on Platforms Not Ad Channels in 2023: IAB Survey

November 29, 2022

This IAB study finds that connected TV and paid search are expected to be the fastest-growing ad channels next year, while linear TV and other traditional media continue to shrink.  More intriguing: marketers are focusing more investment on foundational tools like measurement and first party data, and less on specific ad channels.  Download for deep dives into retail media networks and the metaverse.

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