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AlphaCode

AlphaCode Awards More than $161,000 to Pandemic-founded Tech Startups

SA’s finest tech startups which were founded during the pandemic went head to head at a virtual demo day on Thursday where they had just 10 minutes each to convince a panel of judges that they should remain part...

7 things to expect from FinTech in 2020

Fintech is rapidly transforming the very essence of global services - from technology, social media and a transforming consumer base to enabling new business models - that's why it pays to keep an eye on the financial industry. Here are...

RMI provides millions in loans to fin-tech Startups

Rand Merchant Investment (RMI) subsidiary, AlphaCode announced on Monday, 2 September 2019, that it has awarded just over $1.5 million in supplier development loans to three fintech startups, Zande Africa, Bright On Capital and Livestock Wealth. “We have granted Zande...

South African financial comparison company invests in loan site

South African financial comparison company, Fincheck announced on Monday, 26 August 2019, that it has taken over the full management and equity in FundingHub - allowing Fincheck to sign on 71 banks, lenders and insurers. Michael Bowren, Fincheck CEO, says,...

8 South African fintech startups awarded funding

On Tuesday, 20 August 2019, Rand Merchant Investment Holding (RMI) in partnership with AlphaCode announced that it has awarded entrepreneurial packages valued at over $104 000 to eight of SA’s most promising financial services startups.  All businesses are under two...

Boosting scarce data science skills in SA with top 20 fintech ideas

South African businesses and startups are aware of the increasing importance of using data effectively, but the demand for data science skills exceeds supply. Explore, a joint initiative launched by The Explore Data Science Academy (EDSA) and Rand Merchant...

South African fintech in 2019 – what can we expect?

Here are my fintech predictions for 2019 based on what we are seeing with our members at AlphaCode which closely track international trends in this space. AlphaCode is the Rand Merchant Investments  (RMI) incubation, acceleration and investment initiative that...

AlphaCode selects four fintech startups for its accelerator programme

AlphaCode's recently launched accelerator programme, AlphaCode Accelerate and selected four fintech starups as finalists. AlphaCode is Rand Merchant Investment Holding's (RMI) incubation, acceleration and investment vehicle that identifies, partners and grows early stage financial service ventures. AlphaCode was founded to seek...

South African fintech 2018 – What to expect and startups to watch

Fintech continues to surprise with little to touch the rise of bitcoin and cryptocurrencies in 2017. This will continue in 2018 and I make some predictions based on what we see happening globally and what we see taking place...

South Africa: 4 BEE fintech startups awarded $283 thousand

On Monday 30 October 2017, at a pitching event hosted by AlphaCode, four black-owned South African financial services startups each won R1-million ($71000). The Broad-based Black Economic Empowerment (B-BBEE) pitching event is an initiative of Merrill Lynch South Africa and...
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Latest News

R500 Million to Expand Broadband in Townships & Rural Areas

This financial year, Vodacom Eastern Cape plans to invest R500 million as part of its larger digital inclusion strategy...
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