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Klarna

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

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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

AlphaCode To Spend R10 Million Supporting Ten FinTech Startups

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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

Pepkor’s FinTech Services Boosted by Virtual Products

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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...
Finclusion

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

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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

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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...
Finclusion

South Africa’s FinTech Market Growing Fast

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

Ethos Private Equity Sells 1.4% Stake In FinTech Player Channel VAS for R77 Million

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South Africa’s private equity firm Ethos announced on Wednesday that it has sold its 1.4% stake in FinTech player Channel VAS. The company said it...
What-is-Ozow

SA FinTech Ozow Processed R1 Billion In Transactions Boosted By Black Friday

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Digital payments FinTech Ozow says it processed in excess of R1 billion in transactions in a month, for the first time in November 2020....
Fintech

Africa’s Accelerating FinTech Revolution

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By Greg Nott and Tristan Marot Africa is a unique continent. From its diverse cultures and languages, to its extremes in wealth and development -...
FinTech

Financial Watchdog Proposes How Should FinTechs Handle Your Data

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The Financial Sector Conduct Authority (FSCA) has published new research proposing how should FinTechs handle non-traditional (alternative) data on the provision of financial services...