Omnea CEO Deon Tromp shares why real financial transformation starts with architecture, not apps – and why it’s time to move beyond legacy systems and siloed solutions. South Africa’s financial services sector is under pressure to modernise – yet few businesses are solving the right problems. While digital banking apps and fintech interfaces have advanced
The launch marks a broader push for payments modernization across East Africa SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card. This rollout will signal a significant step in the country’s shift toward formalised, digital financial infrastructure. Together with
Superbrands South Africa today announced its official relaunch and the upcoming release of its highly anticipated fifth publication. The world’s largest independent arbiter of branding is back in South Africa! This milestone signifies its renewed dedication to identifying, recognising, and celebrating the nation’s most outstanding brands. Superbrands is globally renowned for its rigorous and independent
Payments infrastructure company Stitch has announced the acquisition of Efficacy Payments, marking its second major strategic move to date. This acquisition enables the fintech to offer direct card acquiring services to merchants as a Designated Clearing System Participant (DCSP), supporting more efficient, scalable, and cost-effective transactions across South Africa. With this move, Stitch becomes one
TaiFintech Kenya and Stanchion are pleased to announce a new reseller partnership, thereby supporting efforts to expand access to advanced Payment Fabric solutions across East Africa. This collaboration forms part of Stanchion’s wider strategy to help financial institutions modernise legacy systems and deliver innovative, secure customer experiences. This partnership underscores Stanchion’s broader strategy to support
Singapore, July 2025 —A groundbreaking whitepaper just released, titled The Future of Global Payments & Fourth Generation Payment Networks (4GPN), is setting the tone for a new era in the fintech industry. Jointly developed by Thunderbird School of Global Management and Wiseasy, the paper explores how transformative technologies, including IoT, blockchain, cryptocurrency and cloud computing,
EFT Corporation, a leading African payment solutions provider with over 100 million end users and more than $33 billion in annual transaction volume, has announced a landmark partnership with some of Kenya’s most prominent SACCOs to co-create a shared digital payments platform. The announcement was made during the EFT Connect: Kenya event, held in Nairobi
I&M Bank, a key subsidiary of I&M Group PLC and one of East Africa’s leading regional financial institutions, has announced a strategic partnership with global AI compliance leader ThetaRay. This collaboration will see the rollout of ThetaRay’s advanced Cognitive AI-powered Anti-Money Laundering (AML) platform across the Group’s banking operations in Kenya, Tanzania, Rwanda, Uganda, and
Mukuru is helping reshape South Africa’s predominantly cash-based economy by unlocking access to e-commerce through its partnership with payment gateway Payfast by Network. For over a year, Mukuru and Payfast have enabled cash-paying South Africans to shop online via MukuruPay (MPay), bringing digital commerce within reach for millions and opening new markets for local retailers
Lesaka Technologies saw its share price surge by 17.1% on Friday morning following the announcement of a binding agreement to acquire 100% of South Africa’s digital lender, Bank Zero Mutual Bank, in a transaction valued at over R1.091 billion. Under the terms, the acquisition will be settled through a combination of newly issued shares—resulting in
