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Sandile Shabalala steps down as CEO of TymeBank

TymeBank CEO resigns

June 25, 2019 • Finance, People, Southern Africa, Top StoriesComments Off on TymeBank CEO resigns

TymeBank CEO Sandile Shabala is stepping down from the position, according to a statement issued by the company on Tuesday, 25 June 2019. Shabalala held the CEO position for almost 3 years. TymeBank is South Africa’s first fully digital bank and is owned by African Rainbow Capital. Shabalala is stepping down from the position citing [&hellip...

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Hello Paisa makes it to Inclusive Fintech 50 club

Hello Paisa makes it to Inclusive Fintech 50 club

June 25, 2019 • FinanceComments Off on Hello Paisa makes it to Inclusive Fintech 50 club

International money remittance and digital banking provider, Hello Paisa has been selected from over 400 hopeful applicants and placed among the globe’s top 50 fintechs. The judging panel consisted of industry experts across venture capital, banking,...

Sasfin establishes council for financial industry

South Africa: Sasfin establishes council for financial industry

June 20, 2019 • Finance, Top StoriesComments Off on South Africa: Sasfin establishes council for financial industry

Financial services provider, Sasfin has established a Digital Advisory Council to provide the market with expertise and insights on trends shaping the use of technology in financial services. Headed by the founder of World Wide Worx, Arthur Goldstuck the...

Facebook’s new cryptocurrency: Here are 6 things you need to know

June 20, 2019 • Digital Transformation, Features, Finance, Top StoriesComments Off on Facebook’s new cryptocurrency: Here are 6 things you need to know

Earlier this week, Facebook unveiled details behind its long-anticipated cryptocurrency, Libra. The company’s new digital platform is said to allow users to send and spend money at a next-to-nothing fee. While the coin hasn’t been made public just yet,...

Is Facebook the future of cryptocurrencies in emerging markets?

Is Facebook the future of cryptocurrencies in emerging markets?

June 19, 2019 • Finance, General, Mobile and Telecoms, Top StoriesComments Off on Is Facebook the future of cryptocurrencies in emerging markets?

Tuesday, 18 June 2019, Facebook revealed the white paper for its highly anticipated cryptocurrency, ‘Libra’. As stated in an article by CNN’s Ben Brown, the tech giant claims that the crypto is “built on a secure, scalable and reliable blockchain,...

Visa B2B Connect launches globally

June 19, 2019 • Finance, Top StoriesComments Off on Visa B2B Connect launches globally

Visa has announced the launch of their B2B connect network. The aim is to give financial institutions the ability to process corporate payments anywhere in the world. The Visa B2B Connect launch will initially cover more than 30 global trade channels, with...

Only 19% of South Africans fully understand cryptocurrencies, study reveals

Only 19% of South Africans fully understand cryptocurrencies, study reveals

June 18, 2019 • Finance, Security, Southern Africa, Top StoriesComments Off on Only 19% of South Africans fully understand cryptocurrencies, study reveals

Kaspersky has released a survey that reveals just how little of the South African population fully understands the workings of cryptocurrencies, despite there being considerable interest in this fairly new technology. In the report titled ‘Uncharted...

PayU launches operations in Kenya

PayU launches operations in Kenya

June 12, 2019 • East Africa, FinanceComments Off on PayU launches operations in Kenya

  PayU has been a licensed operator in Kenya since February 2019 and launched payment services for the region. Kenya, as the power hub for East Africa is superbly positioned for expansion into the rest of Africa. “Kenya is a powerful and growing...

WorldRemit launches new product for business payments to South Africa

WorldRemit launches new product for business payments to South Africa

June 12, 2019 • Finance, Southern Africa, Top Stories, West AfricaComments Off on WorldRemit launches new product for business payments to South Africa

Digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to pay their employees and contractors in 140 countries worldwide, including fast-growing markets such as Ghana,...

MTN launches Africa's first AI service for Mobile Money

MTN launches Africa’s first AI service for Mobile Money

June 7, 2019 • Finance, Top Stories, West AfricaComments Off on MTN launches Africa’s first AI service for Mobile Money

MTN Group is proud to announce the launch of Africa’s first Mobile Money (MoMo) artificial intelligence service or “chatbot”. The chatbot went live in Ivory Coast in May and will be rolled out across MTN’s MoMo footprint in the next...

SMEs can free up cash flow through invoice discounts

SMEs can free up cash flow through invoice discounts

June 3, 2019 • Finance, StartupsComments Off on SMEs can free up cash flow through invoice discounts

Small business owners who are experiencing cash flow challenges should consider improving efficiencies in their payments collection and processing methods to free up working capital. Vaughan David, CEO of Business Savings and Cash Investments at FNB says that...

MTN, Barclays to broaden financial inclusion in Zambia

MTN, Barclays to broaden financial inclusion in Zambia

May 30, 2019 • Finance, Mobile and Telecoms, Southern Africa, Top StoriesComments Off on MTN, Barclays to broaden financial inclusion in Zambia

MTN Zambia, Barclays Zambia and JUMO have announced the commercial launch of KASAKA – a unique, short term mobile saving product. This interest-bearing savings account is available to all MTN Mobile Money users through Barclays Zambia. KASAKA, the next step...

How to buy Bitcoin with iTunes gift cards in Nigeria

How to buy Bitcoin with iTunes gift cards in Nigeria

May 29, 2019 • Finance, SponsoredComments Off on How to buy Bitcoin with iTunes gift cards in Nigeria

iTunes gift card market is one of the top online investments that many Nigerian youths involved in as they regularly trade these gift cards for fiat currencies on different trading platforms. However, one phenomenon that has begun to trend that has turned to...

Financial trading via apps – what you need to know

Financial trading via apps – what you need to know

May 28, 2019 • FinanceComments Off on Financial trading via apps – what you need to know

Whether you are interested in stocks and shares or you want to make a killing in cryptocurrencies, it has never been easier to make trades and reap the rewards. There was a time when it was impossible for anyone but stockbrokers to trade, but thanks to online...

Wari customers can now request financial services on WhatsApp

Wari customers can now request financial services on WhatsApp

May 23, 2019 • Finance, Top StoriesComments Off on Wari customers can now request financial services on WhatsApp

Digital platform offering financial services in Africa, Wari has integrated with the WhatsApp Business solution to enable customers to request its financial services around the world on WhatsApp. The introduction of MyWari on WhatsApp provides customers the...

Paxful launches wallet App

Paxful launches wallet App

May 23, 2019 • FinanceComments Off on Paxful launches wallet App

Paxful, peer-to-peer bitcoin marketplace, has announced the official launch of their wallet app. They have also pledged to continue aiding the growth of entrepreneurship in emerging markets by giving away bitcoin to those who attend the workshop and download...