Innovation
South Africa: SnapScan rolls out peer-to-peer payments
South Africa-based contactless payments platform SnapScan has released an update to its app that allows people to make peer-to-peer payments from its electronic wallet. All ...
Opinions
Mobile money set to take South Africa by storm
Mobile money has seen massive uptake in Africa over the last decade, however, South Africa has lagged due to the country’s stringent banking ...
Opinions
Internal payments fraud on the rise and costing SA businesses
South African businesses, already under severe economic strain, are now counting the costs of rapidly increasing internal payments fraud. According to Ryan Mer, ...
South Africa
South African fintech company Yoco raises R1.23 billion in funding
South African fintech company Yoco has raised R1.23 billion to accelerate product development and reach more merchants in South Africa and beyond. Yoco ...
Innovation
FinTech Platform Revix Explores Ways To Enable South Africans to Invest In AI, BioTech and 5G Technology
Revix, a FinTech investment platform, is exploring ways to enable South Africans to invest in popular technology such as artificial intelligence (AI), BioTech, and 5G. ...
Innovation
Insurtech platform Ctrl becomes 6th SA startup backed by Naspers Foundry, banks $2.3m
South African startup Ctrl, a digital short-term insurance marketplace connecting consumers, brokers and insurers on a single platform, has become the sixth startup ...
South Africa
SA home services marketplace Kandua raises pre-Series A funding round
Johannesburg-based online marketplace for home services Kandua has raised a “significant” pre-Series A funding round to help it expand its product offering and ...
News
South Africa: Vodacom Rings Up 8.3% Rise in Revenue As Cellular Giant Adds 8.2 Million New Subscribers
South African capital investment and revenue spikes from increased lockdown-related data usage add to Vodacom’s earnings. South African cellular giant Vodacom recorded an ...
Regulatory
South Africa: Sabric Cautions Against Accepting Dye-Stained Notes
The South African Banking Risk Information Centre (SABRIC) has cautioned people against accepting dye-stained notes as legal tender, as the onward use and ...
South Africa
SA lending startup Akiba Digital raises $1.1m pre-seed funding for scale
South African fintech startup Akiba Digital, which is lowering the barriers to entry to enable small businesses to unlock financing through their lending ...
