Tag: South Africa
Standard Banks takes over mobile payments player Firepay
South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay. Read more: www.fintechroundupcom
Visa to run FinTech bootcamp for African startups
Nest will work with Visa's teams in Kenya, South Africa, and the UAE to coach select startups and make introductions to the continent's financial services firms. Read more: www.finextra.com
South African central bank open to cryptocurrencies
South Africa’s central bank is open to the innovation of cryptocurrencies and blockchain technology. Read more: www.cryptocoinsnews.com
Why the lack of faith in South Africa’s FinTech prowess?
The fintech market worldwide is in bloom, with 2015 a record year for fintech investing worldwide. The trend holds true in Africa too, with fintech startups on the continent raising over US$55 million in 2015. Read More: disrupt-africa.com
Inside 4Di Capital’s new R256m fund
MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology startups. Read more: www.techcentral.co.za