Browsing: financial inclusion

MTN’s Mobile Money platform, MoMo, with a substantial base of nine million subscribers in South Africa, is poised to elevate…

by Isaac Abotebuno Akolgo, Bayreuth International Graduate School of African Studies Fintechs, notably mobile money, have transformed banking and finance…

There has been a lot of talk around the corner about PayShap – the new super-fast, low-cost payment rail which…

In an increasingly digital economy, accelerated by the Covid 19 pandemic, collaboration between the private sector and governments in Africa…

New research from Vodafone Group, Vodacom Group, Safaricom, and the United Nations Development Programme (UNDP) indicates that the successful deployment…

The world of financial services is changing – for the better. A multitude of virtual banking and payment options, cardless…

Ukheshe’s SME in-a-box solution is making tangible changes to the lives of millions in Zambia through a partnership with Digital…

On the back of two major interest rate hikes in the first half of 2022 alone and rapidly rising costs,…

For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion…

Nedbank, one of South Africa’s largest banks, announced today that its Money App has attracted more than 400 000 new…

MTN, Africa’s largest mobile phone company, reported it had 56.8 million mobile money (MoMo) customers as of the end of…

South African startup Credit Builder has secured funding for an innovative pilot to develop Africa’s bespoke financial inclusion solutions.  The…

SMEs make up an enormous 98.5 percent of all businesses in South Africa, according to estimates from McKinsey. “As the…

Ithala Bank-backed FinTech startup BlackPay announced the launch of a number of loan products tailored for traditionally black festivities. From…

What would happen tomorrow if we could turn South Africa into a cashless society with a wave of a magic…

I recently met Mobit founder, Njabulo Maphumulo, at MaAgnes Ndlovu’s spaza shop in Hambanathi. The place was lively. There was a boy…

Technology is changing how business is conducted, and companies such as Vodacom Financial and Digital Services are at the centre…

New technologies available to telecommunications operators (telcos) and financial service providers (FinTechs) are combining to lead the charge in financial…

Vodacom Financial Services announces its latest lending product, VodaLend | Business Cash Advance, which provides finance to smaller unregistered businesses…

FinTech as a force for good in society is well-documented, driving financial inclusion among the unbanked and underserved. Africa is…

Discovery Bank said that it is well-positioned for growth as it flirts with 300 000 customers in the six months to…

For the past two years, we published AlphaCode, South Africa’s leading FinTech thinkers, predictions about the financial technology (FinTech) landscape.…

by Velenkosini Matsebula and Derek Yu An analysis of financial inclusion in South Africa shows that affordability limits poor households’…

As part of its plans to roll out payment service bank seamlessly in Nigeria, MTN says it has registered about…

South Africa seems to be headed to a thriving FinTech industry to bring financial inclusion, finance minister Tito Mboweni surprisingly…