09/13/2019
Accion Venture Lab launches new fund for fintech startups
Accion Venture Lab has added $33m to its initial capital pool, with the launch of a new $23m fund and an additional, separate $10m investment from nonpofit Accion.
FinTech
09/12/2019
Luno grows by a million users in a year and expands its offering
South Africa is one of our strongest markets and appetite for cryptocurrency trades is still growing
09/12/2019
Kenyan banks leverage on mobile loans to grow profits
Mobile lending at Equity Bank, whose half-year profit stood at 116 million dollars, rose 41 percent, with 97 percent of the transactions conducted through mobile platforms and agents.
09/11/2019
Kuda, Nigeria’s First Digital Bank, Secures USD 1.6 Mn In Pre-Series A
Kuda, formerly known as Kudimoney, was founded in 2018.
09/10/2019
‘Ecobank leveraging technology to expand financial inclusion’
He stated that Ecobank had built an ecosystem that leverages digital technology to bring affordable, easy and convenient financial services to the people and businesses.
09/10/2019
Banks are desperate for tech skills – here’s how African Bank is solving the problem
The skills which are most in-demand are in security and data science, the bank said.
09/10/2019
Mpesa How Kenya Leaped The World In Mobile Payments
Kenya’s mobile money transfer Mpesa is leading the way.
09/10/2019
Trading platform plans to list SMEs data with credit bureaus
The move could adversely hurt suppliers servicing national and county government tenders who are still awaiting payments valued at Sh300 billion for goods delivered and service rendered in the last seven years.
09/09/2019
EcobankPay, Ecobank Xpresspoint agents leveraging technology to expand financial inclusion in Nigeria ― MD
He stated that Ecobank has built an ecosystem that leverages digital technology to bring affordable, easy and convenient financial services to the people and businesses.
09/09/2019
The Naspers dominance of the JSE will reduce this week. This will help ease the pain of SA fund managers
The role Naspers plays in the widely tracked Shareholder Weighted TOP 40 Index, known as the Swix, is even more exaggerated, at about 25%.
09/09/2019
How technology can drive financial inclusion
In fact, it is even defined in this manner by the Centre for Financial Inclusion (CFI), which describes it as a means to provide access to a full suite of quality financial services to everyone who can use them.
09/09/2019
MTN and Momentum Metropolitan’s Micro-Insurance JV is Gaining Traction
“There are further plans for it to expand into four more African countries in the medium term.”
09/06/2019
Kenya bank deploys WhatsApp to boost engagement
In a related article, CapitalFM explained the bank will use WhatsApp to offer services including opening accounts, transfers, loans, paying bills and purchasing goods.
09/06/2019
GTBank adjudged Best Digital Bank of the Year
The Digital Innovation & Excellence Awards recognize and celebrate outstanding achievements and contributions towards the digital transformation of the BFSI sector.
09/05/2019
Why biometric technology will be Key to Digital Transformation for South Africa Banks
In the face of this challenge, many banks are being forced to rethink their security procedures – while also balancing increasing consumer demand for a mobile and friction-free banking experience.
09/04/2019
Africa dialogue only effective if followed by action
Sandile Hlophe, EY Africa Government & Public Sector Leader, who advises many levels of South African government on digital transformation
09/03/2019
3 South African fintech startups just scored R23 million in loans – including one that invests in cows
“Businesses like these don’t always get the funding they require to grow from commercial funders but as part of our commitment to partner and grow financial services startups, we’ve leveraged our supplier development spending to support
09/03/2019
Nedbank moves its IT into the cloud with Microsoft deal
Nedbank uses Microsoft Azure, Office 365 and Dynamics 365, which include layers of security and data residency to ensure compliance with local regulations.
09/02/2019
South Africa has the potential for crypto growth despite harsh regulations
He admits that the region has certain problems have problems like improper sanitation, electrical power outages, and other management problems.
08/30/2019
Path Solutions upgrades Jaiz Bank’s core banking platform for enhanced performance
With this upgrade, Jaiz Bank aims to bring the latest technology to its customers to optimize the level of value creation.