STARTUP WATCH- Cairo-based sports startup Eksab has raised USD 500k from Africa-focused VC firm 4DXVentures, a companystatement (pdf) said yesterday. This is the company’s second injection of funding in the past 18 months after a seed round last June attracted a six-figure investment from 500 Startups. Eksab is a daily fantasy sports platform allowing users to make predictions about live football games, earning points based on how accurate their predictions are, and being rewarded with prizes.The platform plans to use the latest funding to launch its first paid competitions over the next year and increase its user base, the company said.
More from Enterprise
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Gulf stock exchanges are growing in importance, but they’re still a long way from becoming capital market hubs -Fitch
The diagnosis lands in a year when UAE and Saudi…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…