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Tag: FinTech

Cape-based fintech wins silver at international awards for removing SME funding barriers through mobile

This week, fintech company Retail Capital was awarded ‘Silver’ by the Global SME Finance Awards for its innovation in funding SMMEs – both formal and informal and that have a trading track record of three...

Growth in Fintech Drives Growth in Cyberattacks

Africa’s Fintech ecosystem has surged 60% in the last two years and the continent’s Fintech firms have grown to 491 from 301 in 2017, with $132.8 million raised in 2018 LAGOS, Nigeria,...

Fintech startups selected to scale across Africa

Founders Factory Africa (FFA) has announced the selection and investment into its first five fintech startup businesses in Africa. Founders Factory Africa is a South African company operating across Africa delivering a...

Naspers Said to Eye Fintech Deals in $1 Billion India Push

Naspers Ltd. wants to spend about $1 billion in India this year as it scours the globe for investments that can replicate its blockbuster bet on China’s Tencent Holdings Ltd., a person familiar...

Discovery’s digital bank to go live next month

Discovery outlined its dream with the “world’s first behavioural bank”. It is based on the “behavioural” model Discovery uses to reward its life and health insurance customers for their lifestyle choices. Back...

South African fintech in 2019 – what can we expect?

Here are my fintech predictions for 2019 based on what we are seeing with our members at AlphaCode which closely track international trends in this space. AlphaCode is the Rand Merchant Investments  (RMI) incubation,...

This South African fintech company ranks among the most innovative in the world

A South African based fintech company features on a global list of companies seen to be transforming the financial services industry – from digital payments and lending, to insurtech, to neo-banking. ...

South Africa’s richest startup programme is looking for fintech entrepreneurs

AlphaCode, an incubation, acceleration and investment vehicle for early-stage financial services businesses powered by Rand Merchant Investment Holdings (RMI) is looking for businesses or ideas that could change the face of...

Reserve Bank sets up 3-man fintech group

The rapid development of financial technology (fintech) has seen the SA Reserve Bank establish a three-person fintech unit with the aim of assessing emerging technologies. The unit reports directly to...

Fintech finds traction

Cape Town-based contenders are fast making their mark on an increasingly vibrant fintech scene. Fintech essentially involves technology services used to support and enable banking and financial services. Cape Town...

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Transport Month panel discussion tackles Cape Town’s congestion conundrum

The City’s Urban Mobility Directorate kicked off Transport Month with a panel discussion around Cape Town’s congestion conundrum at the Concourse in the Civic...

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