Omnisient, the SA-Founded Fintech, Secures $7.5m Investment From Arise.

Posted on by kara | 276 Views | 8 min read
Omnisient

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

Don’t Let Innovation Be a Casualty of Rapid Digital Transformation – Network International

Posted on by Staff Reporter | 14506 Views | 21 min read

While there is no doubt that banks around the world fast tracked their digital transformation plans as a result of the pandemic, a report from Accenture posits that the rapid growth in digital services may have negatively affected innovation in the sector. In order to overcome this and truly innovate for the customer, local banks

Can Fast Capital Turn Sa’s SME Challenges Into Opportunities? – Zapper

Posted on by Staff Reporter | 2584 Views | 17 min read

In the vibrant tapestry of South African entrepreneurship, small businesses stand as beacons of innovation and resilience. As we have ushered in a new year, these enterprises look forward to a landscape that will continue to be marked by both challenges and opportunities, powered by the enduring spirit of South African tenacity and the support

Makro Marketplace, Retail Capital Partner to Educate SMEs on Business Funding Options

Posted on by Staff Reporter | 10572 Views | 5 min read

Last week, Massmart, together with Retail Capital, a division of Tyme Bank, hosted a Business Funding Information session for its Marketplace seller base. The webinar provided these small business owners with key insights about the funding options available to them. The partnership initially began in 2021 and has, since inception, provided significant funding to enable

PAYM8 Launch a New SoftPOS Solution in Partnership with WIZZIT

Posted on by Staff Reporter | 23739 Views | 6 min read

Financial gateway service provider, PAYM8, in partnership with WIZZIT, has introduced its Tap-on-Phone SoftPOS solution.  The solution offers an innovative alternative to traditional point-of-sale devices and will give PAYM8 customers a safe, easy way to pay that can be used anywhere. The solution meets PCI (Payment Card Industry) and EMV (Europay, MasterCard, and Visa) requirements.

African Fintech Paycode on a Winning Streak After Receiving 4th Accolade in 10 Months

Posted on by Staff Reporter | 11588 Views | 11 min read

Selected from a pool of 98 highly qualified applicants across 34 countries, Paycode were judged based on rigorous criteria by an expert Advisory Committee.  Biometric identity and digital payments fintech, Paycode (https://Paycode.com), has been selected as one of the Top 4 Finalists in the Women’s World Banking Fintech Innovation Challenge and will be competing live

Growth in Cashless Transactions Spurs New and Innovative Payment Solutions

Posted on by Staff Reporter | 35846 Views | 17 min read

Last year, exciting developments in South Africa’s payments sector were good reason to be cautiously optimistic about 2023 with new products and services setting the pace of the journey to a digital cashless future, says Andrew Springate, CEO of fintech payment solution provider PAYM8. “The South African economy is under tremendous pressure with rising interest

Halo Dot Achieves Visa Ready Certification for Tap to Phone SDK

Posted on by Staff Reporter | 27925 Views | 9 min read

Halo Dot – a division of Synthesis Software Technologies, announced today that it has achieved the latest Visa Certification for its products. Halo Dot is a fintech that enables instant contactless payments on any Android device. Earlier this year, Visa published new security standards for Software Development Kits (SDKs) that enable secure digital payment acceptance

Absa Group Strengthens Executive Team, Refines Operating Model

Posted on by Staff Reporter | 6432 Views | 10 min read

As part of Absa Group’s journey to enhancing market competitiveness and with due consideration to its transformation imperative, the Group today announced a strengthened Group Executive Committee (Exco) and a refined operating model, effective 1 July 2022. Absa embarked on a new strategy in 2018. The strategy, which has been refreshed, set Absa on a

Mukuru | Fintech’s Power Lies in Solving Problems Not Just in Delivering Shiny Apps

Posted on by Staff Writer | 4243 Views | 29 min read

By: Andy Jury, Chief Executive Officer at Mukuru Fintech is poised to continue disrupting financial services and is uniquely capable of driving formal financial inclusion on a mind-boggingly large scale. However, there is a risk that in the pursuit of innovation, companies develop fintech solutions for technology’s sake, and not to address real needs, and