South Africa’s fintech sector is rapidly growing and attracting significant investment, positioning the country as a leader in African financial innovation, says Antonia Bothner, Capital Markets Lead at entrepreneurship...
South African fintech startup Float has secured a US$11 million funding facility from Standard Bank to facilitate the rollout of its card-linked installments platform, supporting its accelerated growth plans...
Two African countries — Nigeria and South Africa — have been listed among the most crypto-savvy countries in the world, according to a new 2023 global survey that also...
The South African Artificial Intelligence Association (SAAIA) has launched, aiming to promote the advancement of responsible artificial intelligence in South Africa by uniting practitioners across commercial, government, academic, startups...
CoinDesk Indices, a CoinDesk subsidiary, and crypto exchange Luno have joined together to start “Luno Large Cap Bundle” to help customers in South Africa access crypto investment bundles, making...
The South African Reserve Bank (SARB) will soon launch a new payment service called PayShap to accelerate the country’s shift to a cashless society. The rapid payment programme (RPP)...
South African fintech startup Lulalend, a digital lender catering to underserved small and medium-sized enterprises (SMEs), has raised a US$35 million Series B funding round to help it scale...
While the buy-now-pay-later (BNPL) payment offering has seen tremendous growth in South Africa, most online retailers and BNPL providers have failed to reap substantial profits from the “high-risk” flexible...
South Africa’s financial watchdog has classified cryptocurrency assets as financial products, a notice in the government gazette said on Wednesday, enabling them to be regulated according to Reuters. In...
“Business funding from Telkom Lend will ensure that small businesses are able to scale and grow with fast funding without the need to put up any collateral,” says Sibusiso...