Street Wallet, a South African mobile payment fintech, has raised $350,000 (R6.2 million) in funding at a valuation of $2 million (R35.5 million). The
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South Africa’s fintech space is one of the most developed in Africa. It makes up nearly 40% of the continent’s total fintech earnings. In 2023, Disrup
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Stitch, the South Africa-based payments infrastructure company, has acquired Efficacy Payments, a digital payments startup with direct access to the n
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In Day 1–1000, we follow founders through the raw, unfiltered journey of company-building: the early scrambles, the quiet breakthroughs, the painful p
Read MoreOn the morning of June 19, thousands of Mukuru customers in South Africa woke up to missing funds from their accounts. Some found their balances down
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When you call a customer care service line, you’re likely to hear from a representative that “this call is recorded for quality purposes.” The promise
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Fincra, a payment infrastructure provider that serves remittance companies and businesses, has obtained a Third Party Payments Provider (TPPP) licence
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MTN South Africa has entered the competitive payments market with MoMo Pay, a low-cost digital payment platform designed for informal merchants. Over
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Onafriq, a pan-African digital payments network, has named Simon Black as chair of the board of its UK holding company following his appointment as an
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South African fintechs Paymenow, TymeBank, Omnisient make FT’s Africa fastest-growing companies list
Three South African fintech startups, Paymenow, TymeBank, and Omnisient, have been named in the Financial Times (FT) Africa’s Fastest-Growing Companie
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South African fintech startup SOLmate has doubled its active user base over the past year to about 100,000, driven by soaring demand for eWallet servi
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Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing its total funding
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Stitch, a South African fintech startup that provides online payments infrastructure for large enterprises, has acquired ExiPay, a startup that offers
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M-KOPA Holding, a Kenyan startup that offers financing for smartphones and solar systems, has appointed former Nokia CEO Rajeev Suri as its new board
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Chowdeck, a Nigerian YC-backed food delivery platform, could consider expanding to South Africa, Kenya, and Ivory Coast. “We are still figuring thing
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It’s been 151 days since South Africa experienced load shedding, a deliberate rationing of electricity supply to prevent failure of the entire system.
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TymeBank, the South African digital bank with R4 billion ($222 million) in customer deposits, will launch in Indonesia by the end of 2024. It is the b
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Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to cash flow problem
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