Tech

Kenyan digital training solutions provider, Zydii closes pre-seed funding

Published

2 years ago

May 26, 2023

Kenyan digital training solutions provider, Zydii has announced securing new pre-seed funding from DOB Equity, Kua Ventures, Kaleo Ventures and NaiBAN, in a bid to drive its expansion plans to other African countries.

The outfit, in a statement on Friday, said the funds would support the company’s growth and expand its suite of upskilling solutions for the African business workforce.

DOB Equity Investment Manager, Vera Wachira, who spoke on the funding, said:

“We are excited to invest in Zydii and grow our support for local and female led enterprises, which now make up a third of DOB’s active portfolio companies.”

Founded in 2017 by Joyce Mbaya, a trainer, author and computer scientist, Zydii has grown into one of Kenya’s best run platforms which has helped in raising the skills of small and medium enterprise (SMEs) employees with relevant, accessible, and affordable knowledge and skills.

“Zydii offers 100+ digital training courses on soft skills and technical skills that businesses need to grow. These courses are developed in partnership with local experts and are highly accessible and affordable,” Mbaya said.

“The objective of Zydii’s courses is to help empower the African workforce by providing localized upskilling training courses to help Africa’s emerging businesses.

“The company will use the funding to expand its services to clients across Africa, including Kenya, Nigeria and South Africa,” she added.

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Tech

Fintech startup DigMo launched in Zambia to gamify financial planning

Published

11 hours ago

November 24, 2024

Isaac Dachen

DigMo, a gamified fintech startup which helps users to build wealth tools from low to middle-income earners, has been launched in Zambia.

CEO of the DigMo Group, Sylvia Brune, who made the announcement, says the platform which is licensed by the Bank of Zambia to operate a wallet, offers a secure, free digital money account with a special account for users to play a financial planning game which incentivises customers to get started putting money away for the future.

“By giving customers the chance to win big rewards, DigMo is encouraging sustainable habits,” said Brune.

She stated that with an initial rollout in Zambia, DigMo wallet’s first offering, Save to Win, will make putting money away regularly, easy and rewarding with no fixed costs or fees.

“DigMo Save to Win allows users to start with small amounts – from just ZMW10 (US$0.37) – for the chance to win prizes of up to ZMW500,000 (US$19,000).

“We are committed to financial planning innovation for low and middle-income earners across Africa. To achieve this meaningful impact, we approach this like a game studio – where we constantly create and test many new products until we find those with an outsized impact,” Brune said.

“If we just take existing products and make them more affordable or accessible, it is unlikely that we can dramatically change behaviours.

“To succeed, we have engaged directly with users, observing and learning from them to develop DigMo, a solution that will dramatically improve their financial well-being and meet their unique needs,” she added.

Tech

Kenya’s startup BuuPass partners with GiftPesa to launch digital travel vouchers

Published

2 days ago

November 23, 2024

Isaac Dachen

Kenyan digital ticketing and transportation management solutions startup, BuuPass, has entered into a partnership with fintech company, GiftPesa, to introduce digital travel vouchers ahead of the holiday season.

In a statement by BuuPass cofounder and CEO, Sonia Kabra, the move will offer a more flexible and convenient way for Kenyans to manage and gift travel arrangements during the bustling holiday period.

“We’ve noticed a growing demand for digital solutions in the travel industry, especially during peak periods like the holiday season,” said Kabra.

“This partnership with GiftPesa enhances the travel experience for our customers, offering them a convenient way to send travel tickets as gifts and have a safety net for unconfirmed travel dates.

“Unlike traditional paper vouchers that can expire or get lost, GiftPesa vouchers are valid for 12 months and can be redeemed in parts at over 3,000 outlets across the country.

“This flexibility allows recipients to use the vouchers for multiple trips or select their preferred destination, making travel more accessible,” she added.

Founded in 2016 by Kabra and Wyclife Omondi, BuuPass is a leading B2B2C mobility marketplace that enables users to search, compare, and book travel tickets via web, app, or USSD, while its SaaS platform helps bus operators manage their operations, inventory, and sales.

GiftPesa, on the other hand, is a fintech startup that provides businesses and individuals with a platform for creating digital vouchers.

The partnership between the two companies will introduce digital travel vouchers, helping users manage and gift travel arrangements during the bustling holiday period.