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Carry1st's payments solution for gaming spurs $6 million Series A

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Cordel Robbin-Coker, Lucy Hoffman, and Tinotenda Mundangepfupfu started Carry1st in 2018 to publish mobile games and interactive content for Africans. One of their games, Carry1st Trivia, got a lot of buzz in 2020 with about one and a half million downloads.
In the three years since its launch, Carry1st has also become a medium for bringing mobile gaming from global companies to Africa. The Cape Town-based company realised that developers have had problems with distribution and payments in Africa.Â
They decided to solve that by embedding a fintech solution, Pay1st, on their platform. Pay1st features popular payment methods from six African countries, giving African gamers on Carry1st the ability to pay how they want. ....

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Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A – TechCrunch

Africa is the last frontier for basically anything. Mobile gaming is no exception. For a continent that is home to more than 1 billion millennials and Gen Zers, mobile gaming has never really picked up, despite the continent witnessing rapid economic growth and smartphone adoption. Two issues have proved detrimental to this growth: distribution and […] ....

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Riot Games contributes $1m to Wings fund

Riot s investment will go towards providing even more opportunities for marginalised developers, the announcement read.
Brendan Mulligan, associate director of corporate development at Riot Games, commented: When we started the Underrepresented Founders program, we acknowledged that creating necessary change in the games industry was only possible through the right partnerships.
We knew that we needed to find community partners who have been championing underrepresented developers, hear their stories, and learn from their experience. Wings has an awesome track record of backing women and marginalised gender developers and we can t wait to add our efforts to theirs as we begin to even the playing field for games financing together. ....

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Riot Games contributes $1m to Wings fund

Riot Games contributes $1m to Wings fund
gamesindustry.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gamesindustry.biz Daily Mail and Mail on Sunday newspapers.

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Clubhouse Founder Paul Davison Explains His First Big Failure

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After one year, audio-only social app Clubhouse is reportedly in talks for a $4 billion valuation.
But this is not the first buzzy app that cofounder Paul Davison created.
On How I Built This, he talked about the rise and fall of Highlight, his social app from 2011.
During a year without bars or parties, the tech social scene moved onto Clubhouse. The audio-based social app is only a year old but has already won over Silicon Valley and is in talks for a $4 billion valuation, according to Bloomberg. ....

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