South African fintech company Ozow raises R746 million — with Tencent as a lead investor
Ozow, which was started as i-Pay in 2014, has raised $48 million in a Series B funding round.
FNB payment clearance problems
First National Bank (FNB) clients are complaining that online banking payments they’ve made since Saturday or Sunday have not been processed.
MyBroadband received several complaints from FNB account holders about the issue.