South Africa's "neobanks"
South Africans looking for an affordable banking solution without going through prominent physical and digital banks can look to the several "neobanks" available in the country.
These include companies like Bettr, Spot Money, and Be Mobile Africa.
Spot Money launched in South Africa
Spot Money has officially launched in South Africa, offering locals a mobile open banking platform that integrates with various bank and payment services.
The platform was born out of Virgin Money SA, from which it rebranded in December 2020 following Absa's...