Africa’s fintech company revenue may soar to eight times higher than in 2020 as a growing, young and underbanked population gets more access to the Internet.
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iKhokha’s latest offer, iK Tap on Phone, means small business owners can accept payments for their products or services using their smartphones.
Google Wallet, with its integrated Google Pay service, has been officially launched in South Africa and five other markets around the world.
Telkom has become the latest telecoms operator to muscle into the banks’ traditional area of expertise, offering loans to small businesses.
Africa’s largest start-up is fighting allegations of financial impropriety and personnel harassment from Lagos to Nairobi.
TymeBank on Wednesday announced that it is acquiring Retail Capital, a fintech company that offers finance to SMEs.
A court in Kenya has frozen more than $40-million in accounts belonging to Africa-focused payments giant Flutterwave.
Zapper is considering options to raise capital, including a stake sale, that could value the start-up at nearly $1-billion, sources said.
Promoted | While card machines may be iKhokha’s bread and butter, it’s just the first piece in its offerings for smaller businesses.
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.