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fintech news

Ukheshe & Digital PayGo Partner to Drive Zambian Business Growth

Ukheshe’s SME in-a-box solution is making tangible changes to the lives of millions in Zambia through a partnership with Digital PayGo, improving financial inclusion and enhancing business dealings for entrepreneurs. Digital PayGo, a local Zambian fintech driving a mobile-first approach,...

Visa Invests in South Africa’s Financial Education

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...

Fintech PalmPay Celebrates Massive User Milestone in Nigeria

Lagos-based fintech PalmPay has today announced that it has reached 10 million users in Nigeria. The company says that this represents a doubling in its user base within just six months and only 3 years after the company launched in...

Why Innovation in the Financial Sector Will Continue to Benefit SMEs in SA

Small businesses in South Africa need one thing when applying for finance – speed. They don’t have the luxury of time to wait for funding or loan applications to be assessed. They need a fast turnaround time, to keep the...

Tyme Bank Makes Major Moves in SME Fintech with New Acquisition

South African digital banking group Tyme Bank has announced today that it will proceed with the acquisition of fintech firm Retail Capital, which provides award-winning funding services to SMEs in the country. The acquisition, which is still subject to regulatory...

Top 4 Most Trending Stories – Week in Review

As this week comes to a close we take a look at the stories that resonated most with our readers. Mobile data prices take the cup this week, as readers rushed to find out which African country has the most...

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...

Will Bitcoin’s Woes Only Get Worse?

Crypto-enthusiasts are warned that things may get a lot worse before they start getting better. This is especially true for the world's most important cryptocurrency. Wall Street is currently expecting the crypto winter to grow colder with a majority of...

Flocash Partners Visa to Promote Digital Capabilities for African SMEs

Visa, a world leader in digital payments, announced today that it is partnering with Flocash, selected by FT Africa as the fastest-growing fintech of 2022, to promote digital capabilities for African SMEs through digital payments, supplier solutions and access...

How Mobile is Leading the Charge in Connecting Africa’s Unconnected

Digital innovations are transforming every aspect of life on the African continent, from healthcare to agriculture; education to transit and logistics; from finance and commerce to media and entertainment. As Africa’s trailblazing fintech solutions have already proven, there’s limitless potential...
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Survey Reveals 80% of TikTok Forex Advice May Be Misleading

According to new research from forex broker experts at BrokerChooser, up to 80% of forex advice given on TikTok...
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