Browsing: Fintech

A South African FinTech (financial technology) startup has instituted a R14 million claim for damages against social media giant Facebook.…

Vodacom’s diversification into financial services is slowly paying off for the Vodafone-owned mobile phone operator. The company announced on Monday…

ProfitShare Partners has secured a R25 million capital line from the Vumela Fund, which is managed by Edge Growth Ventures.…

Jamii Cities, a platform that connects the needs of the best tenants with the best landlords, has been awarded an…

By Gwenael Trotel The financial services landscape is fast changing. Technology is disrupting traditional offerings and those who have previously…

MTN South Africa, the country’s second-biggest mobile phone operator by subscribers, announced on Thursday that it has reached 95% 4G…

The top 12 innovative and sustainable FinTech solutions have been shortlisted for the Global Fintech Hackcelerator Southern Africa. The South…

Yoco announced today that its customer base of small businesses had crossed the 50,000 milestone and to further grow its…

Vodacom Tanzania and Smart Lab have today launched “Vodacom Digital Accelerator,” a program that intends to help early-stage and growth-stage…

by Andrew Bahlmann Second-quarter gross domestic product (GDP) data surprised on the upside, with the 3.1% increase from Q1 handily…

AlphaCode, Rand Merchant Investment Holdings (RMI)’s incubation, acceleration and investment vehicle has awarded R23 million supplier development loans to three…

Standard Bank has invested $4 million (R61 million) in South Africa’s FinTech firm Nomanini. The investment has enabled the local…

The South African Reserve Bank (SARB) calls FinTech firms to submit their innovative and sustainable solutions to challenges identified within…

Rand Merchant Investment Holding (RMI), through AlphaCode, has awarded entrepreneurial packages valued at R16 million to eight of SA’s most…

Sub-Saharan Africa is one of the fastest-growing investment zones for financial technology companies according to new research says Forbes. The…

MTN  is re-focusing its business on building an integrated digital operator and the results are encouraging. The shift is part…

AB InBev Africa is rolling out a Blockchain solution developed by BanQu, a US-based FinTech company. This technology enables farmers…

MTN Nigeria today announced that its subsidiary, Yello Digital Financial Services Limited (YDFS) has been granted a full Super Agent…

Nigeria, MTN’s largest market by subscribers, attracted 3.3 million subscribers in the six months to end-June 2019. The South African-based…

Naspers has announced plans to list Prosus on Euronext Amsterdam along with a secondary, inward listing on the Johannesburg Stock…

MTN Group today announced the appointment of Yolanda Cuba as Group Chief Digital and Fintech Officer. Cuba will join the…

by Miguel Da Silva Despite the important contribution small-to-medium enterprises (SMEs) make to the economic growth of South Africa, the…

PayU, Naspers’ global FinTech company, is expanding into Southeast Asia after it announced a deal to buy a majority stake…

ThinkMarkets, a provider of online trading in financial markets, announced on Wednesday that it will offer bank-like level of safety…

By Marwan Elnakat, digital banking solutions director for the CISMEA region at Gemalto With Capitec’s latest trading update making a…