Browsing: Fintech

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

Africa is leading other continents when it comes to mobile money or FinTech, which has become big business for top…

Vodacom said it is not yet considering selling any stake in its mobile money entity M-Pesa Africa. Instead, the Vodafone-owned…

FinTech, which is an acronym for financial technologies has affected lives in many different ways. It might sound cliche but…

Pay@ – South African payment aggregator and provider of secure payment solutions – will be expanding into several African countries…

The MoMo, a mobile money service, for MTN is gaining traction with its South African subscribers. Since its relaunch in…

MTN Group said on Wednesday that it expects to spin off its FinTech Business before the end of the first…

Direct Transact, the largest independent provider of transaction processing solutions for banks and businesses in SA, is appointing three financial…

The FinTech business of retailer Pepkor, previously Steinhoff Africa Retail, continues to report strong growth. Pepkor informed investors today that…

Cryptocurrency investment platform, Revix, with offices in Cape Town and London, has raised R58.5 million in off-shore capital funding. Founded…

Shoprite has launched its own mobile virtual network operator (MVNO), called K’nect Mobile, offering competitive rates and several other rewards…

DigitalFinTech enablement provider, Ukheshe Technologies, together with Infobip, a global cloud communications platform that enables businesses to build connected customer…

At yesterday’s annual presentation, MTN played Nigeria’s popular Afrobeats music, which has grown into a global force. That reminded me…

aYo, a mobile micro-insurance joint venture between MTN and SA’s third-biggest insurer Momentum Metropolitan, is firing on all cylinders. MTN…

MTN is planning to demerge its Fibre and FinTech business and to bring third party investors to unlock value trapped…

Ukheshe Technologies, the South African digital FinTech enablement provider, is targeting global expansion. Having established itself as a formidable payment…

Klarna has become the highest-valued private FinTech in Europe and the second-highest worldwide. The Swedish buy now, pay later behemoth…

Patrice Motsepe’s TymeBank has attracted foreign investment of more than R1.6 billion from investors in the UK and Philippines. The…

Khulisa Investment Partners is planning to raise R750 million from institutional investors to invest in small-medium enterprises (SMEs). The private…

VerPay, a South African FinTech company, launches a payment solution that enables ‘verbal commerce’. The novel Coronavirus has necessitated the…

Following a tumultuous 2020, CIOs are likely to face a tough, albeit slightly more predicable 2021. While COVID-19 forced countries…

Investment firm Finsbury is taking MyBucks, a FinTech company owned by JSE-listed Afristrat, to court in the UK. The battle…

AlphaCode announced on Monday the top ten businesses for R10 million FinTech support programme. Almost 200 fintech businesses applied for…

Digital FinTech platform provider Ukheshe has announced the conclusion of a new agreement with the Kenya-based lender KCB Bank Kenya.…

Spot Money has introduced open banking offering in South Africa, in a move that followed the 2020 acquisition of Virgin…