With around 8% of the population still unbanked in South Africa, the township economy and related services is still predominantly driven by cash. Merchants operating in townships and rural areas…
Browsing: Fintech
18 November 2024, Cape Town – Leading omnichannel payments provider Ecentric and its partners were awarded Fintech Innovation of the Year at the 2024 Africa Tech Festival for their ground-breaking,…
Socially we all are accustomed to tipping service staff, from waiters to petrol attendants and even your local car guard. This is part of the social fabric of South Africa…
Fast-growing adoption of E-wallet services and digital supplier payments among micro merchants and informal retailers such as spaza shops is helping to reduce security risks, costs and inefficiencies associated with…
Moroccan FinTech startup Tookeez has recently announced a successful funding round that raised $1.5 million, with the Azur Innovation Fund leading the investment. This public-private seed capital fund, renowned for…
Mastercard and MTN Group Fintech have entered into a partnership agreement to provide all MTN MoMo (Mobile Money) customers with payment cards. As part of this collaboration, a virtual and…
In large corporations, digital transformation is impacting every customer touchpoint, yet this rapid innovation for operational advancement could be what exposes them to operational risk. The uptake of bespoke third-party software…
Over the past year alone, the African continent has made significant progress in its journey towards digital, modernised payments leading to the achievement of major industry milestones, notably the welcoming…
South Africa’s leading SME-focused fintech, Lulalend, has evolved into Lula, a one-stop, cash-flow management and business banking solution. This rebranding marks a critical evolution from a funding provider to an…
According to CIPC’s report, Non-compliance is still rising in South Africa as SMEs fail to submit their annual returns. 72% of companies in South Africa have failed to submit their…
