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Fintech in Africa

Could Fintech Ignite South Africa’s “Kasi Economy”?

With the majority of South Africa's urban population residing in townships, according to the World Bank, and with an 18 percent contribution to South Africa’s GDP, the informal sector is one of the most important parts of the entire...

Talking Africa’s Fintech Explosion with Chipper Cash – ITNA Digital Innovation Podcast EP 3

This week on IT News Africa’s Digital Innovation Podcast, Luis Monzon interviews Wiza Jalakasi, VP of Global DevRel of Chipper Cash, an African-founded, US-based fintech startup that specialises on cross-border payment facilitations. Chipper currently has an over $2-billion valuation and...

How Bankingly is Transforming Africa’s Fintech Industry with Simple, Smart Solutions

As the world takes base in this technological era, it becomes clearer that the future of banking is digital. Fintechs continue to deconstruct the traditional banking system, and future-focused financial industries are joining the bandwagon. Brick and mortar banks...

Safaricom to Take All M-PESA Services Offline – When, Why & How Long

Safaricom is set to take down all M-PESA services from Saturday 6 November 2021 at 23:59 until Sunday morning 04:00 - effectively for four hours as Kenya's largest telecom company conducts maintenance on its services for around the 10th...

There Are More Fintech Startups in Africa Now Than Ever Before

Africa’s fintech sector is growing and maturing, with more startups active in the space than ever before, platforms increasingly offering a variety of services, and investment and acquisitions taking place to an unprecedented degree. Every two years since June 2017,...
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Latest News

How is technology revolutionizing payment reconciliation for retailers?

As retailers expand into mid-market and beyond, the manual reconciliation of payments becomes increasingly complex and costly. With hundreds...
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