Investment app developer Franc has raised R8-million in “seed extension” funding led by 4DX Ventures and is using the money launch a B2B offering.
Browsing: Financial services
Short-term insurer Santam has acquired the remaining 49% stake it doesn’t already own in JaSure for an undisclosed sum.
Paul Edwards, a former CEO of MTN Group, has secured a series-A funding round for his new venture, a fintech start-up called VantagePay.
M-Pesa and Visa have launched a virtual payment card in a bid to capture some of Africa’s $40-billion/year subscriptions market.
Naspers, through its Naspers Foundry investment arm, is leading a R53-million series-A funding round in South African fintech start-up LifeCheq.
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Regulation of crypto assets might come into force within the next nine to 15 months, said Reserve Bank deputy governor Kuben Pillay.
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Vodacom is now offering consumers access to unsecured personal loans through its VodaPay “super app” as it deepens its push into fintech.