Xago Technologies, a leading innovator in the cryptocurrency and digital assets industry, is proud to announce that it has received its Crypto Asset Service Provider (CASP) licence from the Financial Sector Conduct Authority (FSCA) in South Africa as a CAT I Intermediary. This milestone marks a significant step forward in the company’s mission to provide
The South African fintech start-up, Omnisient, has received a $7.5 million investment from Arise, advancing financial inclusion in Africa. Founded in December 2019, Omnisient is a privacy-preserving data collaboration and insights platform that allows the owners and users of consumer data to collaborate to extract commercial insights without compromising consumer privacy. The technology provides a
By Mia Odendaal, Marketing Manager at Ecentric Payment Systems In South Africa’s tech industry, significant strides have been made in recent years to drive innovation through diversity. However, the journey towards cultivating a truly inclusive and supportive environment for women is far from complete. Despite this progress, a pressing need exists for further advancements in
Women’s Month is a time to pay tribute to women in all sectors of society. It’s an opportunity to honour the incredible achievements of women and a time to focus on, and redouble, efforts at promoting the upliftment of women. While efforts to ensure that equal rights, equal access and equal opportunities for women, span
Flutterwave, a leading payments technology company, has recently been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana. The milestone marks a significant expansion of Flutterwave’s operations in Africa, enabling the company to offer a comprehensive suite of payment services directly within, and through Ghana. Ghana presents an exciting market for
Dopay, a fintech platform focused on providing digital payroll and payment solutions to the unbanked and underbanked workforce in emerging markets, has successfully raised $13.5 million in a Series A extension round. The fresh capital, led by Argentem Creek Partners and with participation from existing investors, will fuel Dopay’s expansion in its home market, Egypt,
PalmPay, a leading Africa-focused fintech platform, has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay’s rapid growth and significant contributions to advancing financial inclusion. The CNBC/Statista list honours fintech pioneers significantly transforming the financial services industry through technology.
Ericsson and MTN provided free financial training to small- and medium-scale women entrepreneurs in Kampala, Uganda. The collaboration aimed to drive financial and gender inclusion and empower African women to reach their full potential. To celebrate International Women’s Day, the two companies launched a three-week training program for local female traders at one of the
The South African debit order landscape has undergone significant transformations to enhance security and efficiency. Central to this evolution was the introduction of the DebiCheck debit order system. The South African Reserve Bank (SARB) dictated the implementation of a new payment stream in the early morning processing window where authentication by the payer occurs prior
FY24 momentum fueled by new clients, technology innovation, and strategic partnerships sets the stage for 2025 and beyond Entersekt, The Financial Authentication Company, announced today that it achieved unprecedented growth in its 2024 fiscal year, driven by the continued adoption of its innovative authentication solutions. Financial institutions worldwide are increasingly choosing Entersekt as their partner
