In Q2 2022, Kaspersky solutions detected 40,788 new modifications of miners. According to Kaspersky Security Network data, in the African region, the number of home users affected by cryptominers in Q2 of 2022 decreased slightly compared to the previous quarter. However, the possibility of a surge in cryptomining attacks persists...
Many people know of Philip Belamant, the South African serial entrepreneur who is best known for co-founding Zilch, one of the most impactful fintech companies to have disrupted, strengthened, and supported the buy-now-pay-later (BNPL) market. Zilch has made this industry a safer space for consumers to shop without being...
The Ethereum Merge, a key upgrade to its blockchain ecosystem is complete. This will go down as a “landmark, historic moment” for the entire cryptocurrency market that will be a “major catalyst” driving prices higher in the long term, predicts the CEO of deVere Group, one of the world’s largest...
Orange Money, the mobile money service of Orange and leading Pan-African payments company, Cellulant have announced a new partnership to enable card-to-wallet transfers for eight banks in Botswana. https://www.youtube.com/watch?v=r_1-zcuJx28 The Orange Money Card-To-Wallet service in Botswana enables customers to transfer money online from any bank account to an Orange Money wallet. The...
Saving is one of the oldest tricks for wealth creation. However, as consumer spending habits change, it becomes increasingly difficult to follow any saving rule or budgeting plan. As such, anyone who is interested in saving to build wealth needs to go an extra mile and learn the tips...
Before looking at the taxation of NFTs, it is important to understand what they are. In short, an NFT, or non-fungible token, is a unique blockchain-based digital asset. Being unique in its properties, an NFT cannot be duplicated and the content linked to it could take any digital form, for example,...
Digital Finance Africa 2022, the definitive annual event on technology leadership in the financial services industry returns on the 22nd of September 2022 as a brand-new hybrid concept. The 2nd annual Digital Finance Africa is set to take place on the 22nd of September 2022, at The Maslow, Sandton, South...
Over the past couple of months, a lot of people crawled out of the woodwork claiming to know everything there was to know about cryptocurrencies. More specifically, as the prices of the world’s biggest coins fell, they were happy to tell you that they always knew that cryptocurrencies would...
Global financial services giant Visa has announced that it recently signed a partnership with the Financial Services Consumer Education Foundation (‘FSCEF / the Foundation’) worth $200,000 (approximately R3.35 million) to support financial education in South Africa. The partnership is specifically focused on two financial education programmes namely The Financial Literacy...
Cryptocurrencies gained global traction during the pandemic, increasing exponentially and gaining an impressive foothold in Africa, says a policy brief released by the United Nations Conference on Trade and Development (UNCTAD). It also unearthed some impressive statistics – currently, there are more than 19,000 cryptocurrencies available, there were only...
South African independent mobile payments, insights, loyalty, and rewards platform Zapper has teamed up with payments and data API Stitch via its LinkPay product, to bring the latest in payments innovation to more than one million Zapper customers. Now Zapper users can make secure Instant EFT payments at POS in...
Pan-African banking group, Ecobank Group, has today announced the launch of the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs to enter the competition. The group says that that the top fintech chosen and aligned with the bank's strategic objectives stands a change to win an...
Binance, one of the world’s leading blockchain ecosystems and cryptocurrency infrastructure providers, has on Wednesday announced the launch of a crypto education hub in Yaoundé, Cameroon. The hub is set to provide resources and training for young people across Francophone Africa and is in collaboration with non-profit tech hub Inoni...
Cryptocurrency adoption in South Africa has held steady over the past several months, according to the latest data from Finder.com. Finder says it fact-checks every report it publishes, but users are still warned to read all the fine print themselves. According to Finder, around 4 million South Africans own cryptocurrency. Here...
Binance, one of the world’s leading blockchain ecosystem and cryptocurrency infrastructure providers, has today announced that it has added a fiat gateway for the South African Rand as it expands its product offerings and bolsters its local presence in the region. This development will enable South African users to make...
More cardless ATMs with greater functionality are now available to more people thanks to the ongoing partnership between South African fintech enablement partner, Ukheshe, and leading global payments provider, Paycorp. The partnership sees ATM Solutions, a division of Paycorp, which owns and operates over 4000 Cash Express branded ATMs, add...
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