MTN Group will look for minority investors in its African fintech unit after separating the division from its traditional telecommunications business.
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Capital Appreciation has announced that it has bought the Responsive Technology group for R48.7-million in a move that grows its portfolio of assets.
Naspers Foundry said on Tuesday that it will invest R15-million in Cape Town-based Floatplays, an “on-demand earned wage access platform”.
Africa-focused fintech firm Flutterwave said on Wednesday it had raised $250-million in its single-biggest funding round to date.
The news earlier this week that Apple plans to allow merchants to accept contactless payments directly on iPhones has stirred a great a deal of interest.
Promoted | Technology payment solutions, like those offered by iKhokha, create opportunities for business owners to expand reach and efficiency, at lower cost.
Promoted | Mobile payment provider iKhokha has announced the appointment of Graeme Cumming as chief growth officer.
Apple is said to be planning a new service that will let small businesses accept payments directly on their iPhones without any extra hardware.
TallOrder Solutions, a technology company co-founded by South African IT industry veteran Dana Buys, has announced it has raised R47-million in additional funding.
Helios Investment Partners is in talks with African telecoms operators and banks about ways it can help them cash in on their mobile money and digital payments platforms.