Browsing: Fintech

MTN announced today it has received a final approval licence to operate its mobile money platform in Nigeria, the continent’s…

Over the past decade, mobile money has expanded from a niche offering in a handful of markets to a mainstream…

Mobile money adoption and use saw continued growth in 2021, processing a record $1 trillion or R14.5 trillion annually. The…

Telviva CTO Antony Russell says that when one walks into the Mobile World Congress (MWC) you expect to be surrounded…

The COVID-19 pandemic, without a question, forced the world into the digital realm. It also widened the divide between the…

The first businesses in the Middle East and Africa region have started to experience the seamless ease of Mastercard’s Track…

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

South African FinTech group Capital Appreciation Limited (Capprec) is on an acquisition spree in South Africa and the Netherlands. Capprec announced today it…

Pan-African FinTech enablement partner Ukheshe Technologies has appointed Darryn Botha as its Chief Information Officer. Botha’s role will include overseeing…

Naspers, through its tech investment vehicle Naspers Foundry, announced a R15 million investment in Floatpays, an on-demand earned wage access…

South Africans have an estimated R300 billion in Krugerrands hidden in drawers and safes, unaware that they could be using…

Forget cash. The rise in digital payment tech, and a big push by businesses to go contactless, has changed the…

Last year saw an unprecedented rate of change in the financial sector, with huge growth in the use of digital…

MyBucks, a FinTech company owned by JSE-listed Afristrat, has been placed under liquidation by the Luxembourg tax authority or l’Etat du Grand-Duché de Luxembourg.…

African FinTech player Flutterwave announced today that it has raised $250 million or R3.7 billion in Series D funding, valuing…

MTN Nigeria has seen strong growth in both FinTech subscribers and active data users for the year to end-December 2021.…

German software company SAP is making a foray into FinTech through the acquisition of US-based provider of working capital management…

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

Entersekt, a global payment security company headquartered in Cape Town, today announced a strategic investment from Accel-KKR, a technology-focused private…

South Africa’s FinTech player Crossfin is eyeing acquisition opportunities in the remittance market. The plan is for the company –…

African FinTech aYo Holdings has reached a major milestone in its ongoing technology transformation by fully migrating its Côte d’Ivoire…

FinTech has lit a fire under start-ups and instilled fear in large brick-and-mortar financial institutions for many years. While agile…

Patrice Motsepe-backed ARC Financial Services Holdings (ARC FSH) and Ethos Mid-Market Fund I buy South Africa’s innovative FinTech player Crossfin…

South African payments company Ozow has attracted Tencent, a world-leading internet and technology company, in its $48 million or R747…

The Central Bank of Nigeria (CBN) has finally given an approval in principle towards the licensing of MoMo Payment Service…