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Clayton Hayward, Co-Founder of uKheshe.

Financial inclusion startup, uKheshe, gains seed funding

August 16, 2019 • Finance, StartupsComments (0)

Fintech company uKheshe recently announced the completion of its first seed investment round. uKheshe was initially under incubation as a CSI initiative within Jini.Guru, a software development house. uKheshe has successfully closed independent seed funding with both Fitech Ventures and the Ocean on 76 Group. Co-founder of uKheshe, Clayton Hayward, says...

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5 Reasons to sponsor and exhibit at HISA2019

Johannesburg gets ready for 5th Healthcare Innovation Summit Africa 2019

August 15, 2019 • Events, Healthcare, Top StoriesComments (0)

It is that time of the year again, when healthcare professionals, industry experts and leaders gather to discuss the impact of emerging technologies on their industry. Taking place at the Gallagher Convention Centre in Johannesburg on 8-9 October under the...

Country’s largest buy-aid organisation launches payment product on new card and account management platform

August 15, 2019 • Finance, SponsoredComments (0)

A new payment services platform, utilised by two of South Africa’s oldest member organisations, promises to open up the buy-aid market to consumers and retailers alike. Co-Switch, a newly launched closed-loop payments platform, is currently being introduced...

Nigeria's Verve launches globally accepted payment solution

Nigeria’s Verve launches globally accepted payment solution

August 15, 2019 • Features, Finance, West AfricaComments (0)

Nigerian payments technology company, Verve held an event to launch the Verve Global Card on Wednesday, 14 August 2019. The Global Card is said to expand Verve’s existing suite portfolio of payment products and solutions by giving cardholders the...

A catch up with Hello Paisa since the launch of its digital bank

A catch up with Hello Paisa since the launch of its digital bank

August 14, 2019 • Features, Finance, Top StoriesComments (0)

Money remittance and digital banking provider, Hello Paisa launched its digital bank in South Africa in partnership with Sasfin earlier this year. The bank was developed with the aim to help the unbanked population have access to banking solutions. IT News...

South Africa: Over 2000 principals receive reporting mobile devices

South Africa: Over 2000 school principals receive reporting mobile devices

August 14, 2019 • Education, Southern Africa, Top StoriesComments (0)

Over 2000 Samsung Galaxy A30 devices were handed over to school headmasters across the Gauteng province on Tuesday, 13 August 2019. The devices support the administrative processes underpinning e-platforms and will become a focal point of communication...

South African school gets high-tech computer centre

South African school gets high-tech computer centre

August 13, 2019 • Education, Southern AfricaComments (0)

On Thursday, 8 August 2019, Kwazi Mshengu, KwaZulu-Natal MEC for Education, officially opened the Siqongweni High School high-tech computer centre. The provisions, donated by Aberdare Cables, was announced by President Cyril Ramaphosa during his visit to the...

Meesho Co-Founders Sanjeev Barnwal (left) and Vidit Aatrey (right). Image sourced from Meesho.

Naspers leads Meesho in raising $125 million for Indian Social Commerce

August 13, 2019 • Online & Social, Retail, StartupsComments (0)

On 12 August 2019, Meesho, an Indian online marketplace, announced the closing of a $125 million fundraiser led by Naspers,  multi-national media and internet group headquartered in South Africa. The fundraiser was aided by Facebook and existing investors...

Best B2B Solutions Provider revealed at Payments and Cards Summit Awards 2019

Best B2B solutions provider revealed at Payments and Cards Summit Awards 2019

August 12, 2019 • Digital Transformation, Finance, RetailComments (0)

Global payments technology company, FSS has banked four awards at the 7th edition of the Payments and Cards Summit, held in Mumbai. Most notably, the company received ‘Best B2B Payment Solutions Provider’ for the second year in a row. Commenting on the...

MTN releases mid-2019 financial results

MTN releases mid-2019 financial results

August 12, 2019 • Finance, Mobile and Telecoms, Top StoriesComments (0)

On Thursday, 8 August 2019, mobile network operator, MTN announced its results for the six months ended 30 June 2019.  The company saw growth of 12 per cent in earnings per share and service revenue grew to just below 10 per cent.  Commenting on the...

TymeBank challenges the status quo of banking in South Africa

TymeBank challenges the status quo of banking in South Africa

August 8, 2019 • Features, Finance, Top StoriesComments Off on TymeBank challenges the status quo of banking in South Africa

TymeBank revealed at the AWS Summit in July 2019 that it has been onboarding over 100 000 customers a month. The fully-licensed digital bank is owned by African Rainbow Capital (ARC), which falls under the Patrice Motsepe’s Ubuntu-Botho Investments...

430,000 users hit by financial malware in first half of 2019, research shows

2019 reports over 430,000 victims to financial malware

August 7, 2019 • Finance, SecurityComments Off on 2019 reports over 430,000 victims to financial malware

  Researchers at cybersecurity company, Kaspersky, have claimed that over 430,000 people making use of cryptocurrencies and web-money services were threatened by malware in the first half of 2019 – seven per cent more than in the same period last year....

DPO Group acquires South African payment processor

DPO Group acquires South African payment processor

August 6, 2019 • East Africa, Finance, Southern AfricaComments Off on DPO Group acquires South African payment processor

DPO Group has announced the acquisition of a South African payment processor, PayFast. The deal by the Nairobi headquartered DPO Group was executed through a mix of shares and cash, with the PayFast management team remaining key shareholders in DPO Group. DPO...

Get paid when selling your Bitcoin

Get paid when selling your Bitcoin

August 5, 2019 • Finance, Southern Africa, SponsoredComments Off on Get paid when selling your Bitcoin

Here in South Africa, the cryptocurrency and blockchain sector is considered to be relatively new. There are many differences faced by crypto enthusiasts and traders when utilising crypto exchanges to trade when compared to the international markets. One...

Updates to simplify Xplan released

Updates to simplify financial services software, Xplan, released

August 4, 2019 • Finance, General, Online & SocialComments Off on Updates to simplify financial services software, Xplan, released

On Friday, 2 August 2019, Financial services software provider, Iress released the first of several planned updates to thousands of Xplan users. The updates are aimed at making Xplan simpler to use and to give users greater access to its functionality. The...

South African digital publishers announce advertising partnership

South African digital publishers announce advertising partnership

August 3, 2019 • Retail, Southern AfricaComments Off on South African digital publishers announce advertising partnership

On Thursday, 1 August 2019, Tiso Blackstar and Gumtree South Africa – two online publishers based in South Africa – announced a partnership that plans to expose online audiences to Gumtree’s classified advertising while generating additional revenue for...