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Posts Tagged ‘fintech’

  • FinTechs could shape tomorrow’s finance regulations

    November 8, 2019 • Finance, PeopleComments (0)

    Tell me if you’ve heard this one before. Somewhere in Africa, savvy entrepreneurs come up with a potentially disruptive solution to a longstanding infrastructural challenge. They found their own FinTech, win an innovation prize or two, and manage to raise...

  • Fintech specialist, e4, appoints new CEO

    November 2, 2019 • Careers, Finance, PeopleComments Off on Fintech specialist, e4, appoints new CEO

    Fintech software specialist, e4, has announced the appointment of Grant Phillips as the Chief Executive Officer of the Group. Having previously run large multinational technology businesses, Phillips has been working with e4 and its shareholders for the past...

  • Fintech company, CredoLab set to drive financial inclusion in South Africa

    October 1, 2019 • Finance, Southern AfricaComments Off on Fintech company, CredoLab set to drive financial inclusion in South Africa

    Credit scoring fintech company, CredoLab announced on Tuesday, 1 October 2019, that it has officially launched in Africa. Starting in South Africa, CredoLab is aiming to drive financial inclusion in emerging economies on the continent by credit scoring more...

  • Liberty launches tax-free investment app

    Liberty updates tax-free investment app

    September 30, 2019 • Finance, Top StoriesComments Off on Liberty updates tax-free investment app

    Liberty has updated their app that enables customers to save and invest. Stash allows users to put away small amounts every day, which adds up over time. The spare change is now invested in South Africa’s biggest companies and will grow with them as...

  • Fintech startups left vulnerable as digital economy booms in Africa

    September 24, 2019 • Finance, SecurityComments Off on Fintech startups left vulnerable as digital economy booms in Africa

    In just two years, Africa’s fintech industry has boomed by 60% – this according to Toby Shapshak in an article for Forbes. The fintech ecosystem has grown to 491 from 301 in 2017, with $132.8 million raised in 2018 – proving the sector’s...

  • FinTech startup on track to reshape mobile banking in Nigeria

    FinTech startup on track to reshape mobile banking in Nigeria

    September 16, 2019 • Finance, Startups, Top Stories, West AfricaComments Off on FinTech startup on track to reshape mobile banking in Nigeria

    Paris-based fintech startup, FairMoney announced on Monday, 16 September 2019, that it has introduced an in-app payment function to its users, which allows them to top up their phone subscriptions, buy mobile data, pay electricity or internet bills. Other...

  • RMI provides millions in loans to fin-tech Startups

    RMI provides millions in loans to fin-tech Startups

    September 3, 2019 • Finance, Southern AfricaComments Off on 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...

  • Fintech startup on a mission to create affordable housing

    Fintech startup on a mission to create affordable housing

    August 29, 2019 • Finance, StartupsComments Off on Fintech startup on a mission to create affordable housing

    International NPO, Habitat for Humanity announced on Wednesday, 28 August 2019, that the Terwilliger Centre for Innovation in Shelter has recently made a $300 000 investment in iBUILD Global, a multi-national fintech-for-housing company. The Terwilliger...

  • Fin-tech startup launches payment solutions platform throughout Africa

    Fin-tech startup launches payment solutions platform throughout Africa

    August 28, 2019 • Features, Finance, StartupsComments Off on Fin-tech startup launches payment solutions platform throughout Africa

    UK based fin-tech startup, SympliFi announced the launch of its fin-tech platform on Wednesday, 28 August 2019. The platform is said to have been designed to empower users around the world offering access to financial solutions – meaning people living...

  • PrimeXBT lowers Forex and Crypto trading fees

    PrimeXBT lowers Forex and Crypto trading fees

    August 22, 2019 • FinanceComments Off on PrimeXBT lowers Forex and Crypto trading fees

    Bitcoin-based trading platform, PrimeXBT announced on Wednesday, 22 August 2019, that it has lowered its trading fees. According to the platform, the new fee structure includes a reduction in overnight financing fees on all crypto trading pairs, as well as a...

  • 8 South African fintech startups awarded funding

    8 South African fintech startups awarded funding

    August 21, 2019 • Southern Africa, StartupsComments Off on 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...

  • Clayton Hayward, Co-Founder of uKheshe.

    Financial inclusion startup, uKheshe, gains seed funding

    August 16, 2019 • Finance, StartupsComments Off on Financial inclusion startup, uKheshe, gains seed funding

    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...

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

    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...

  • 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...

  • New app allows Zimbabweans in South Africa to send goods

    New app allows Zimbabweans in South Africa to send goods

    August 3, 2019 • Finance, Southern Africa, Top StoriesComments Off on New app allows Zimbabweans in South Africa to send goods

    Hello Paisa has developed an app that will allow Zimbabweans in South Africa to send goods and groceries to their loved ones. Malaicha.com offers users same-day collection and free delivery in Harare, Bulawayo, Mutare, Masvingo and Gweru. After placing an...

  • Digital transformation is changing risk management in banks

    Digital transformation is changing risk management in banks

    July 17, 2019 • Digital Transformation, FinanceComments Off on Digital transformation is changing risk management in banks

    For some time now, banks have been using digital technologies to help transform various areas of their business; in fact, digital has become deeply embedded in banking strategy. Digitisation is compelling for financial services businesses across the board, as...