RCS, the consumer finance arm of French banking group BNP Paribas, has acquired South African online credit provider Mobicred.
Browsing: Fintech and payments
The South African Reserve Bank and its counterparts in Australia, Malaysia and Singapore have developed an experimental platform for settling multiple central bank digital currencies.
A unit of Naspers has invested in Lucky to help the Egyptian fintech start-up expand in North Africa and the Middle East.
African Rainbow Capital is switching to investing in digital banks and financial start-ups, while shunning mining stocks, saying the boom in commodity prices maybe overdone.
Promoted | Huawei Mobile Services has partnered with Ozow to bring an easy, seamless and secure payment method to Huawei device users.
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.