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Pepkor’s FinTech Business, FLASH and Capfin, Continues to Report Strong Growth

The FinTech business of retailer Pepkor, previously Steinhoff Africa Retail, continues to report strong growth. Pepkor informed investors today that its FinTech business increased revenue...

Fintech CEO: iCE3Crypto Exchange Debacle is a Primer on Importance of Communications, Technology

This month, things came to a head for South African crypto exchange iCE3, after it notified users that withdrawals would be suspended. One of the...

MTN Set To Spin Off Fibre, FinTech Businesses, Invite Third Party Investors

MTN is planning to demerge its Fibre and FinTech business and to bring third party investors to unlock value trapped in the company. Ralph Mupita,...

South African FinTech Enabler Ukheshe Targets Global Expansion

Ukheshe Technologies, the South African digital FinTech enablement provider, is targeting global expansion. Having established itself as a formidable payment technology specialist within the...

This Is The Highest-Valued Private FinTech in Europe And The Second Worldwide

Klarna has become the highest-valued private FinTech in Europe and the second-highest worldwide. The Swedish buy now, pay later behemoth and upstart bank announced...

AlphaCode To Spend R10 Million Supporting Ten FinTech Startups

AlphaCode announced on Monday the top ten businesses for R10 million FinTech support programme. Almost 200 fintech businesses applied for the AlphaCode Incubate programme which...

Pepkor’s FinTech Services Boosted by Virtual Products

Retailer Pepkor, previously Steinhoff Africa Retail, said its FinTech segment reported revenue growth of 5.8% for the three months to end-December. The company announced that...

MTN, Vodacom Could Partner With FinTechs To Pursue Mobile Payments in 2021

For the past two years, we published AlphaCode, South Africa's leading FinTech thinkers, predictions about the financial technology (FinTech) landscape. We believe that FinTech...
Capital Appreciation

SA’s FinTech Group Capital Appreciation To List On A2X

South African FinTech group Capital Appreciation Limited (Capprec) has been approved for a secondary listing on A2X Markets. Its shares will be available for trade...

South Africa’s FinTech Market Growing Fast

The Financial Sector Conduct Authority (FSCA) has issued its 2020 South Africa FinTech  study, which points out that the financial technology market is growing...