Convergence Partners is the newest investor in 4Di Capital’s venture capital (VC) fund. The technology investment management firm, founded and controlled by businessman Andile Ngcaba, will be an equal limited partner in the fund alongside Reinet (the Rupert family) and E Oppenheimer & Son
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Stellenbosch’s SnapScan, whose smartphone application won MTN Business’s 2013 App of the Year award this week, is betting that consumers will take to the idea of making in-store payments using their mobile phones instead of credit or debit cards. SnapScan falls under FireID
South Africa’s wealthy Oppenheimer family is investing in the country’s technology sector. E Oppenheimer & Son has become an investor in a venture capital fund run by Cape Town’s 4Di Capital. The Oppenheimer investment – the value is not being disclosed – will
FireID, the promising Cape Town-based mobile security start-up, has found a white knight. Alan Knott-Craig Jr’s investment company World of Avatar has come to the firm’s rescue
FireID, a promising Cape Town-based start-up funded by billionaire Johann Rupert’s Reinet, is no more. The company retrenched its entire staff complement on Wednesday and will shut up shop