TymeBank on Wednesday announced that it is acquiring Retail Capital, a fintech company that offers finance to SMEs.
Browsing: Patrice Motsepe
Patrice Motsepe’s challenger digital bank, TymeBank, has appointed three senior executives, including a chief technology officer.
African Rainbow Energy and Power is looking to boost renewable power generation to become one of the biggest clean energy providers in South Africa and Africa.
Khumbudzo Ntshavheni has notched up a couple of successes on her watch. But the communications minister now risks making a hash of things.
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.
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.
Sun Exchange, a South African firm that crowd-sources funds for solar panels and leases them to customers, plans to expand to other countries on the continent.
South Africa’s upstart lenders are leveraging their low-cost advantage to challenge the dominance of bigger and more established rivals, according to a report.
Chinese Internet giant Tencent Holdings has invested in South African digital bank TymeBank.
Crossfin Technology Holdings, a fintech investment firm, has been acquired by a consortium of investors, including Patrice Motsepe’s African Rainbow Capital.