Managers of Wealth Africa

African ATMs to run software developed by Fife fintech Renovite Technologies

A Fife fintech has landed a major contract to provide software for a new ATM network being installed in Africa.

South Africa’s Mama Money Expands Global Reach with Western Union

Customers Can Now Send International Money Transfers to 200 Countries and Territories via the Mama Money Mobile App

The quest for cyber sovereignty is dark and full of terrors

This narrative has manifest itself in two polarising concepts, ‘digital colonialism’ and ‘cyber sovereignty’.

This Bitcoin Documentary From Africa Is Streaming on Amazon Prime

So far, it appears Nigeria, South Africa, Kenya and Ghana are home to the fastest-growing communities of bitcoin users on the continent.

Binance Launches Fiat Gateways for South Africa

South Africa is one of the larger nations in Africa, and Binance wants to reach it directly.

Why it is imperative that Africa looks into cryptocurrencies and Blockchain

Considering that we moved from barter trade, to the gold standard, to fiat, to digital currency and considering the fact that everything is bound to grow and to change, they are probably correct.

Stanbic And ConsumerCentriX Launch COVID-19 Business Information Hub

Over the last few months, Stanbic Bank has already introduced a range of innovative products and services to support entrepreneurs with overcoming these challenges.

Ecobank Group and Google collaborating to deliver digital solutions tailored for Ecobank’s SME' customers

The aim is to assist African businesses remain relevant and fulfil their potential by embracing digital capabilities

Carbon Express - Carbon launches its new Social Banking Service

Customers can securely make payments and transactions without leaving their social apps

SA insurtech CompariSure lands investment

The startup distributes financial services products via its proprietary chatbot technology that leverages platforms like Facebook Messenger and WhatsApp.

UBA Upgrades Mobile App, Introduces Exciting New Features for Customers

Customers who subscribe to the lifestyle offering on the app will enjoy access to the free online medical doctor, a great response to the new norm created by Covid-19 pandemic.

Card payments up Sh1.6bn despite corona demand slump

The decline, especially in March came as businesses experienced some impact as the global coronavirus pandemic hit consumer demand, leading to low orders and operations scale-down.

Covid-19: African e-commerce firms get coronavirus boost

Despite initial fears the virus would devastate poor African countries, the continent has so far recorded low infection rates compared to virus-stricken Europe and the United States.

Key cyber risks for banks during COVID-19

This all makes personal and corporate banking customers a natural target for fraudsters.

Kenya’s Glowing Fintech Scene Is Dulled By A Lukewarm Wealthtech Segment

There’s a relatively new crop of fintech startups that are now prioritising savings and investments over spending and consumption.

Ventures Platform Announces Investments in Tambua Health, Brass Digital Bank and FunnelJoy

This will see them fill in the gap left by traditional banks in Nigeria in their offerings for Small and Medium-scale Entreprises

Mobile Banking and Kenya

Many African countries are bucking this trend, leaping from cash-only societies to mobile-based.

Absa invests in A2X

A2X has listings from many key sectors, including mining, media, banking, retail, FMCG, financial services, insurance, healthcare and telecommunications.

Al Baraka Bank Sudan introduces iMAL business intelligence core from Path Solutions

This strategic platform empowers bankers to make smarter, faster, and more effective decisions, improving operational efficiency. It also enables business agility while driving innovation, competitive differentiation, and profitable growth.

Expert warns of Covid-19 cyber fraud spike

Business Email Compromise (BEC) is a form of cybercrime where the perpetrator either illegally gains access to your email or registers a domain similar to yours and communicates with your clients or your suppliers as if they are you.

FinTech