Cape Town tech start-up Locstat has raised €2.5 million (about R50 million) in a pre-Series A round led by Portugal Gateway Fund with participation from ANZA Capital, reports Cape {town} Etc. The funding will help the company expand into the UK and the European Union and grow jobs and services at home. Locstat’s software helps banks spot fraud faster, protect … Continue reading Local tech firm nets R50m to globalise African innovation