Fintech disruptor Pineapple putting ‘prize money’ into new products
The start-up received R22.5m as the top company in an international ‘ventureclash’ competition in the US
30 October 2019 - 15:52
Local fintech start-up Pineapple, which already has the backing of global re-insurance giant Hannover Re, says it has its eyes set on launching a motor vehicle product next year.
The three-year old company, which was awarded a $1.5m (about R22.5m) investment after winning a venture capital (VC) competition held at Yale University two weeks ago, has said the money will be used to develop new products and expand its tech infrastructure. ..
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