South Africa

“I don’t think I’ll ever sell to anyone”: Day 1-1000 of Auto24

In Day 1–1000, we follow founders through the raw, unfiltered journey of company-building: the early scrambles, the quiet breakthroughs, the…

4 days ago

Mukuru customers face balance errors after technical glitch

On the morning of June 19, thousands of Mukuru customers in South Africa woke up to missing funds from their…

7 days ago

Botlhale AI bets big on South Africa’s multilingual call centres

When you call a customer care service line, you’re likely to hear from a representative that “this call is recorded for quality purposes.”…

3 weeks ago

Fincra gets South African payments licence to deepen African reach

Fincra, a payment infrastructure provider that serves remittance companies and businesses, has obtained a Third Party Payments Provider (TPPP) licence…

4 weeks ago

MTN enters payments market with MoMo Pay targeting cash-heavy informal sector

MTN South Africa has entered the competitive payments market with MoMo Pay, a low-cost digital payment platform designed for informal…

1 month ago

Onafriq appoints former PPRO chief Simon Black as board chair

Onafriq, a pan-African digital payments network, has named Simon Black as chair of the board of its UK holding company…

1 month ago

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 Companies…

1 month ago

South Africa’s SOLmate doubles users to 100,000 as eWallet surge drives growth

South African fintech startup SOLmate has doubled its active user base over the past year to about 100,000, driven by…

2 months ago

South Africa’s payments startup  Stitch raises $55 million Series B funding

Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing…

2 months ago

South African fintech Stitch acquires ExiPay to expand into in-person payments

Stitch, a South African fintech startup that provides online payments infrastructure for large enterprises, has acquired ExiPay, a startup that…

5 months ago

M-KOPA appoints former Nokia CEO Rajeev Suri as new board chairman

M-KOPA Holding, a Kenyan startup that offers financing for smartphones and solar systems, has appointed former Nokia CEO Rajeev Suri…

9 months ago

Chowdeck “looking at” South Africa and Kenya for possible expansion

Chowdeck, a Nigerian YC-backed food delivery platform, could consider expanding to South Africa, Kenya, and Ivory Coast.  “We are still…

9 months ago

End of load shedding tests South Africa’s solar industry

It’s been 151 days since South Africa experienced load shedding, a deliberate rationing of electricity supply to prevent failure of…

10 months ago

Exclusive: TymeBank to launch in Indonesia as it continues Southeast Asia focus

TymeBank, the South African digital bank with R4 billion ($222 million) in customer deposits, will launch in Indonesia by the…

10 months ago

Exclusive: Hohm Energy in financial distress months after $8m raise

Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to…

11 months ago