South Africa: South African fintech Paymenow raises $14 million to fund growth

Paymenow, a South African fintech specializing in financial well-being, announced on Monday (April 3rd) the raising of a credit facility in the amount of 250 million rand (about $ 14 million). The aim is to expand access to payday advances to its clients and support its expansion plan with Lesotho, Ghana and Kenya in focus.