US technology-focused private equity giant Accel-KKR has made a “significant” investment in Stellenbosch-based Entersekt.
Browsing: Financial services
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.
South African fintech Ozow has raised $48-million in a series-B funding round led by China’s Tencent Holdings.
Nigerian tech start-up TeamApt is in the market raising its third round of funding at a value of more than $1-billion.
Vodacom Group is targeting a 27% expansion in its financial services customer base to 73 million by March 2024.
Promoted | Nik Steffny, chief commercial officer at e4, joins the podcast for a wide-ranging discussion on developments at the company – and in South Africa’s IT sector more broadly.