M-KOPA data demonstrates digital access can kick-start equitable economic inclusion, with alternative credit models as the catalyst.
Browsing: Financial services
Capitec is acquiring 100% of Walletdoc in a deal worth up to R400-million to accelerate its digital payments strategy.
AI presents many risks to South Africa’s financial system, including increased cybercrime, the FSCA has found.
Wise has secured conditional approval from the Reserve Bank, clearing the way for its launch in South Africa.
The new logo symbolises movement, connection and African identity, reflecting Lesaka’s grounded yet forward-looking philosophy.
Faster and more secure identity verification promises to speed up business processes but clear standards are needed.
Mobile wallets are driving financial inclusion, yet sending money between different services remains difficult.
Vodacom’s financial services business is becoming a much bigger contributor to group revenue.
Financial services has become a key strategic revenue driver for both Vodacom Group and MTN Group in Africa.
Fintechs have gained an edge by working closely with informal traders, but the banks are also changing their approach.