MTN plans to separate fibre and fintech units
MTN Group Ltd. has begun work toward separating its fiber and fintech units as part of plans to unlock value and raise funds to fuel expansion. The shares jumped to their highest in more than a year.
Africa’s biggest wireless carrier is seeking...
I am trying to find out about the merchant services space in SA and the emergence of companies like YOCO?
-do banks (FNB/ STD) provide their own merchant services or are they all outsourced with companies like fastnet?
-do banks have smart pos functionality to offer
-who processes the payments...
FNB and fintech startup partner to connect informal traders
FirstRand Ltd.’s First National Bank and a startup financial-technology company in South Africa are partnering to connect informal traders in townships with fast-moving consumer-goods companies.
FNB is seeking to tap into a market...
Tech companies will take on banks and insurance providers
Fintech companies pose a big threat to banks and insurance providers, said economist Dawie Roodt.
Fintech startup funding set to hit a record high
Financial technology startups are on pace to see funding reach a record as insurance, wealth management, lending and blockchain-related companies attract new dollars.*
South African FinTech start-up raises $2 million
South African FinTech start-up Hepstar has raised $2 million from UK-based global technology investor Amadeus Capital Partners.