Knife Capital announces two South African deals.

Knife Capital, through its KNF II fund, has made new Series A investments into two South African startups: Sticitt and Optique.

Founded in 2018, Sticitt is a fintech startup transforming the way South African schools manage money. By streamlining all school-related transactions into a simple, digital platform, Sticitt currently serves 841 schools, supports over 75,700 users, and has processed R6.3 billion (about $359.8 million) in transactions.

Sticitt’s mission goes beyond payments. It’s about shaping smart financial habits in children from a young age. Through its Sticitt Money platform, youth banking becomes a gamified learning experience. The company has formed strategic partnerships with Capitec Bank, Nedbank, Access Bank, Visa, and Mastercard, along with fellow edtech innovators like Snapplify and Stitch Money. Read More

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BlackBusinessBridge
BlackBusinessBridge
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