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An African cross-border payments company has raised $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. Chipper Cash, founded in 2018 by Ham Serunjogi and Maijid Moujaled, is a no-fee peer-to-peer cross-border payment service in Africa. Users can accept payments in Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa, and Kenya through their app. Chipper Cash‘s investment comes barely six months after it closed its first Series C round of $100 million, led by SVB Capital, the corporate venture capital arm of SVB Financial Group. Deciens Capital, Ribbit Capital, Bezos

Vendease, a digital marketplace that allows food businesses to buy supplies straight from manufacturers and farms, has successfully raised a seed round of $3.2 million. When a restaurant places an order, the firm’s system generates all the possible suppliers that can fulfill it. It then looks at the best pricing versus quality and assigns that order to the supplier. According to the company, founded by Tunde Kara, delivery is made within 24 hours, either by itself or by a third-party logistics provider. This is a huge milestone for the company.

A Black veteran has developed an app, Anjel Tech, that could help track racial incidents and contribute to helping find missing people of color using live stream video and location sharing capabilities. Anjel Tech, founded by James Samuel, Jr, sends information to loved ones in real-time – providing them with the exact location the video was taken from. The app, which claims to share the data “discretely”, has been described as having the potential to decrease the number of dangerous incidents young Black people often face and give their families

B. Pagels-Minor was a program manager at Netflix before she was fired and accused of leaking internal numbers about Dave Chappelle’s show ‘The Closer’ to the media. Chappelle’s latest stand-up comedy special, which was released on Oct. 5, has been widely criticized for including anti-trans jokes and for “attacking” the LGBTQ community. But Pagels-Minor took it upon herself to help organize a protest to provoke change against attacks on the community. She claimed that by 4 pm on Oct. 14th  a walkout protest was announced and around 7 p.m –

Cash App has launched Cash App Studios, which allows the mobile payment service to invest in creators’ projects. Creatives include artists, designers, directors, and musicians. In an official statement, Brian Grassadonia, lead at Cash App, said: “We’ve long upheld the importance of artistic expression at Cash App. With the introduction of Cash App Studios, we’ll continue to support the artist’s freedom, both financially and creatively. “In keeping with our guiding principle of economic empowerment, we are excited to support emerging artists who are limitless in their vision with this new program.” Artists

Clubhouse has added a new “music mode” on its app – giving musicians who play live on the social network their own special set of tools to optimize sound quality. The feature will hit iOS first before rolling out to Android. The company said the new feature would allow users to “broadcast with high quality and great stereo sound” — giving listeners a rich listening experience. It added that music mode will also make it possible to hook pro-level audio equipment like mixing boards and mics into Clubhouse. This is

Fiverr — an Israeli online freelancer platform —has awarded five Black start-up firms $24K through its Future Collective Fellowship Program to help expand their business. The business accelerator is a fellowship for Black entrepreneurs, and five businesses were selected for the program’s inaugural class, and each will receive $24,000. The program is also backed up by 1863 Ventures, a Black-led and D.C.-based nonprofit organization, and Maestra, a women of color-owned business strategy firm, according to Afrotech. “Fiverr’s purpose is to provide anyone, no matter their race, religion, background or beliefs, the opportunity

Dell XPS, the laptop brand from Dell Technologies, has teamed up with actress and activist Yara Shahidi to “inspire Gen-Z to use technology to drive their passions.” The 21-year-old will be working alongside Dell XPS to highlight how the brand’s laptops are a “force” for storytellers, visionaries, and creatives like herself to bring their imagination to life. The collaboration coincides with Dell XPS’ new campaign, “Expand Your YOUniverse.” Dell XPS and Shahidi will work closely to continue engaging young, diverse creatives to deliver on the ethos of tech as the great equalizer, reported PR

Netflix and Howard University have established a $5.4 million scholarship, called the Chadwick A. Boseman Memorial Scholarship, in honor of the esteemed actor. The scholarship will cover four years of tuition at Howard’s College of Fine Arts for one student every year. Students who receive the scholarship will have demonstrated a drive for excellence, leadership, respect, empathy, passion, and exceptional skills in the arts, “reminiscent of Boseman,” according to a statement on the university’s website. “It is with immense pleasure and deep gratitude that we announce the creation of an

The Oakland Black Business Fund has been selected as the inaugural recipient of Michael Jordan and the Jordan Brand’s Community Grant. The initiative is part of the Jordan Brand’s ‘Black Community Commitment Grant Program.’ It will fund the Oakland Black Business Fund’s [OBBF’s] mission to build peer-to-peer relationships within Black business owners, technical assistance providers, and tech companies. According to PR News Wire, OBBF aims to offer a sustainable growth model for underserved and under-funded businesses coming out of the Bay Area. In a statement, OBBF Co-Founder Trevor Parham said: “OBBF has had

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