French Soccer Players Back African Mobile Video Network StarNews Mobile in $3M Round ⚽📱
African mobile video network StarNews Mobile has secured $3 million in pre-Series A funding, with support from notable investors including French soccer players. StarNews offers a platform for African content creators to monetize their work through partnerships with major telecom operators like MTN and Orange. The platform prioritizes monetization avenues for African creators and connects them to mobile users, addressing challenges faced due to expensive data plans. StarNews boasts an active subscriber base of over 4 million and collaborates with telecom operators to produce exclusive content, leading to significant user activations. The funding will support the expansion of the platform and enhance payouts for content creators in Africa's growing creative industry. StarNews is set to expand to 11 markets, including Nigeria and Ghana, with the backing of investors like Janngo Capital and soccer players affiliated with Excellence Sport Nation.
📱💰 #AfricanTech #StartupFunding #ContentCreation #Monetization #SoccerInvestors
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