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Browsing: Financial services
African mobility fintech Moove has raised a further $105-million in a “series A2” round aimed at taking its business global.
Fintech company Yoco has acquired software development agency Nona Digital for an undisclosed sum.
Net1 has been given the regulatory go-ahead for its acquisition of South African fintech company Connect Group in a deal worth R3.7-billion.
Digital bank TymeBank is expanding into the medical insurance space, with a plan to offer South Africans access to private healthcare starting at R139/month.
MTN Group will look for minority investors in its African fintech unit after separating the division from its traditional telecommunications business.
Capital Appreciation has announced that it has bought the Responsive Technology group for R48.7-million in a move that grows its portfolio of assets.
Naspers Foundry said on Tuesday that it will invest R15-million in Cape Town-based Floatplays, an “on-demand earned wage access platform”.
Africa-focused fintech firm Flutterwave said on Wednesday it had raised $250-million in its single-biggest funding round to date.
The news earlier this week that Apple plans to allow merchants to accept contactless payments directly on iPhones has stirred a great a deal of interest.