JSE-listed fintech Optasia has smashed its listing guidance, with revenue up 76% and users climbing 43% to 432 million.
Browsing: Financial services
Strong growth in Ghana and Uganda has pushed transaction volumes past the half a trillion dollar mark.
Shoprite has agreed to acquire a majority stake in R&A Cellular, targeting the informal retail sector.
Altron FinTech index shows South African household recovery is under way but remains fragile.
FNB is revamping its eWallet service and adding a WhatsApp channel to bring more users into the formal banking system.
Weaver Fintech’s revenue has jumped as its fast-growing fintech arm eclipses the retail business it was built on.
Fintech start-up NjiaPay has bagged $2.1-million in seed funding to simplify payments across Africa.
Artificial intelligence now sits at the centre of financial services group Discovery’s growth strategy.
Payments firm Stripe is reportedly considering an acquisition of PayPal or parts of the digital payments pioneer.
The FMF has warned the proposed 20% online gambling tax could undermine provinces and fuel illegal offshore betting.