Tag: FinTech
Future-proofing mining with smart payment solutions – adumo Payouts
THE Mining Indaba remains one of the most significant gatherings for the global mining industry, bringing together thousands of industry leaders, stakeholders, and innovators.
This...
Earned Wage Access in South Africa: How Paymenow is reshaping paydays
By Larry Claasen
FOR many South Africans, payday is a long and often painful wait. With monthly salaries but daily expenses, workers struggle to manage...
SARB greenlights Sava to launch a digital banking platform enabling SMEs to thrive in...
By Larry Claasen
SAVA Africa hopes its recently launched digital banking platform will enable businesses in South Africa and across the continent to scale up...
South Africa leads the Fintech sector in the region
The country is responsible for approximately 40% of all sector revenue in Africa.
The rise of digital wallets has revolutionized the way we conduct financial...
Fintechs’ role in identity and financial security beyond OPTs and passwords
In the past year, identity theft has skyrocketed – a worldwide trend that has not gone unnoticed by the public. A report from earlier this year showed that...
Fuel forecourt retailers set to capture a larger share of the R240 billion convenience...
Fuel forecourt retail has emerged as the fastest growing segment of the South African convenience retail market as fuel retailers seek to diversify their...
World Economic Forum names Cape Town start-up a “Tech Pioneer”
Omnisient, the South African data analytics fintech that is accelerating financial inclusion by helping millions of people with no credit history get access to...
Growing compliance to take its toll on acquiring margins unless banks act
Banks hoping to navigate the uncertainties of 2023 will be looking to their modernisation efforts as a way to claw back some value. In...
Fintech company acquired in R1.5bn transaction
CROSSFIN, a player in the South African fintech industry, has been acquired by a consortium of investors (“Consortium”).
The transaction will see Crossfin secure the...
Yoco cashes in
YOCO, the fast growing Cape Town-based fintech business, has underlined its longer term potential by raising a not insubstantial $83 million (almost R1.25 billion)...