Stripe-Owned Nigerian Fintech, PayStack, Launches Holding Company, The Stack Group, as it Celebrates 10-Year Anniversary

PAYS

Paystack, the payments company building technology for ambitious businesses across Africa, has announced the launch of The Stack Group (TSG), a new parent holding company that will bring together Paystack and a growing family of tech-focused brands under a single corporate umbrella. TSG has been established to aggregate and support a set of complementary businesses

Altron FinTech Expands Kasi Sales Squad to Ekurhuleni and Johannesburg CBD

Altron

Altron FinTech has announced the expansion of its Kasi Sales Squad initiative beyond Soweto into Ekurhuleni and the Johannesburg CBD, scaling a proven on-the-ground model that brings enterprise-grade payment infrastructure directly to township entrepreneurs. The expansion marks a deliberate and strategic commitment to financial inclusion, youth employment, and the continued digitisation of South Africa’s informal

EBC Financial Group Highlights Digital Payments Growth Reshaping South Africa’s Economy

EBC

EBC Financial Group notes that South Africa’s digital payments market is entering a decisive growth phase, with card-based transactions projected to exceed ZAR2.9 trillion ($159 billion) in 2025. Card usage continues to rise at a robust 10.4% annual pace, with South African consumers averaging more than 118 card transactions per year, placing the country among

Discovery Bank Launches Crypto Trading, AI Security, Motor Cover and New Rewards

Disc

Discovery Bank, the fastest growing bank in South Africa, today announced a host of new product features, updates and new offers. These updates build on the bank’s enhancements around financial planning, financial wellbeing, sophisticated security features, and a more personalised and intelligent digital banking experience, which were announced earlier this year. The additions to the

IFC Partners with Lula to Create Jobs and Boost Small Business Growth in South Africa

IF

To help stimulate job creation and strengthen the backbone of South Africa’s economy, IFC, a member of the World Bank Group, today announced a significant local currency loan to Lula Lend (Lula), one of the country’s leading digital lenders. This partnership aims to boost access to finance for micro-, small-, and medium-sized enterprises (MSMEs), a

PayJustNow Goes Live on Takealot Ahead of Black Friday

Pay

PayJustNow, a South African fintech startup, has gone live on Takealot ahead of Black Friday on November 28. The integration lets Takealot shoppers split purchases into instalments, aligning flexible payments with a peak retail moment. Both companies frame the move as consumer-friendly at a time of tighter household budgets. Pioneering BNPL in South Africa Founded

Co-operative Banking: A Catalyst for Inclusive Growth in South Africa

banking

As South Africa’s payments landscape evolves, integrating informal and Co-operative Banking Institutions into the formal financial system remains a critical barrier to inclusive economic growth. MoData, a payments technology enabler with deep roots in cash and digital payments infrastructure, offers scalable solutions, strategic consulting, and ecosystem engagement which can help bring key stakeholders like Co-operative

SPAYZ.io to Roll Out Payment Solutions in Key African Markets

Spay

SPAYZ.io, a leading provider of innovative payment solutions, has announced its strategic expansion into three new African markets – South Africa, Egypt, and Cameroon. This marks another major step in the fintech company’s mission to transform digital commerce across Africa’s emerging economies by delivering tailored, localised payment solutions that address unique market needs. Over the

Kazang Drives Digital Powerful Transformation of South Africa’s Tavern Industry

Kaz

Kazang, a leading prepaid value-added services (VAS) and card-acquiring business within JSE-listed fintech Lesaka Technologies, is helping to transform South Africa’s tavern sector – an industry worth an estimated R40 billion to R60 billion a year and comprising more than 34,000 licensed tavern owners. The sector plays a central role in township economies and community

EFT Corporation Appoints Adri Führi as Group Chief Financial Officer

Eft

EFT Corporation, a leading provider of innovative payment solutions across African markets, today announced Adri Führi’s appointment as Group Chief Financial Officer (CFO), effective immediately. Führi brings over 25 years of extensive financial services experience to her new role, including over a decade of serving as CFO across multiple organisations. A qualified Chartered Accountant (South