TallOrder Solutions, a technology company co-founded by South African IT industry veteran Dana Buys, has announced it has raised R47-million in additional funding.
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Helios Investment Partners is in talks with African telecoms operators and banks about ways it can help them cash in on their mobile money and digital payments platforms.
A digital pound used by consumers could harm financial stability and erode privacy, British lawmakers said on Thursday.
Promoted | The move will drive financial inclusion as it allows holders of the card to take part in the e-commerce revolution, even if they don’t hold a traditional bank account.
US technology-focused private equity giant Accel-KKR has made a “significant” investment in Stellenbosch-based Entersekt.
Meta Platforms’ cryptocurrency wallet, Novi, will allow users to send and receive money through the social media giant’s messaging app, WhatsApp.
Cash in circulation in Nigeria rose to a record in October despite a push by authorities to engender cashless transactions and control money supply.
Crossfin Technology Holdings, a fintech investment firm, has been acquired by a consortium of investors, including Patrice Motsepe’s African Rainbow Capital.
MTN South Africa said on Monday that users of its MoMo mobile money platform can now “cash out”, or withdraw funds, at Nedbank-owned ATMs.
Shoprite Group, South Africa’s largest retailer, has quietly launched a basic transactional bank account linked to its Xtra Savings rewards cards.