PayFast co-founder returns to South African fintech
PayFast co-founder Jonathan Smit has returned to the payments industry, this time as the buyer rather than the entrepreneur, after acquiring iVeri Payment Technologies.
Smit became executive chair of iVeri in July 2025 and recently acquired...
Billions flowing into payment companies in South Africa
Competition in South Africa's payment gateway space is heating up as cash gradually becomes less popular, and more businesses head online to sell their goods and services.
South Africa has several payment gateway companies, some of which...
PayFast founder Jonathan Smit resigns
After fourteen years at the helm of PayFast, Jonathan Smit says he is stepping down to prepare for a new chapter. His resignation is effective from the end of August.
Smit founded PayFast in 2007 with the vision to make ecommerce accessible to all South...