Mukuru Wallet Empowers Botswana Customers with Everyday Cashless Spending Power

Mukur

Mukuru (www.Mukuru.com), a leading financial services provider, has launched its Visa-branded Companion Card in Botswana. Linked to the Mukuru Wallet, this new offering expands its functionality and enables customers to make secure, cashless payments for everyday purchases directly from their Wallet balance. With the Mukuru Wallet, customers already manage their money from their phones. Now,

Shufti Becomes the Compliance Backbone Behind Prime Focus, Extending Its Reach Into Africa’s Fintech Frontier

Shufti

 Shufti, a glocal full-compliance lifecycle management solution, today extended its global footprint into Africa’s fintech frontier with a new partnership with Prime Focus Private Limited, a Zimbabwean fintech building financial infrastructure for Africa’s small and medium enterprises. Combining global scalability with local precision, Shufti adapts identity verification to diverse markets through advanced facial biometrics, deepfake detection,

Investec Selects Infosys Finacle for Digital Banking Transformation

Infosys

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), today announced that Investec, a leading international bank and wealth manager, has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across South Africa, the UK, Mauritius, and the Channel Islands. As part of this multi-country, large-scale transformation program, the bank will

FNB eBucks, Clicks, and Engen Unite to Help Consumers Unlock More Value From Everyday Spending

FNB eBucks

FNB eBucks, Clicks, and Engen proudly announce the launch of a future forward customer ecosystem from 01 August 2026. The first-of-its-kind initiative brings together three leading brands into a single integrated rewards ecosystem spanning fuel, retail and banking. By rewarding customers for banking with FNB, fuelling at Engen and shopping at Clicks simultaneously, this creates

Stitch Express Launches In-Person Payments and Shopify POS Integration

Stitch Express

Stitch Express, the payments solution built for growing South African businesses, today announced the launch of Express In-person payments, bringing in-person card and alternative payment acceptance to retail merchants with physical locations. As part of this launch, Stitch is the first payments provider in South Africa to offer a fully integrated Shopify POS solution, allowing

Yellow Card Secures $40 Million in Strategic Equity Funding to Further Global Expansion

Yellow Card

Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand

Stables and Access Bank South Africa partner to connect African trade to Asia with stablecoins

Stables

Stables and Access Bank South Africa are partnering to explore a faster, cheaper way for African businesses to pay and get paid across Asia, settled in USDt. The partnership connects Access Bank’s customers to Stables’ payments network in Asia and MENA, targeting one of the slowest and most expensive corridors in global trade. It is

Tyme Group’s GoTyme Bank Named Best Digital Bank for Consumers Across Its Markets by Euromoney

Tyme Group

Tyme Group today announced that GoTyme Bank has been named Best Digital Bank for Consumers at the Euromoney Awards for Excellence 2026 across both its South Africa and the Philippines operations—making it the leading digital bank in all the markets in which it operates. The award follows another year of exceptional growth for Tyme Group,

eZi Remit Collaborates With Mastercard to Enhance Cross-Border Payments and Drive Financial Inclusion in South Africa

eZi Remit

eZi Remit, a South African-based remittance fintech, has announced a strategic collaboration with Mastercard to enhance the speed, security, and accessibility of cross-border payments for eligible transactions. Powered by Mastercard Move, Mastercard’s portfolio of global money movement capabilities, eZi Remit’s solution is designed to enable South Africans to send money internationally with improved speed, transparency,

Financial Mail: Why the SARB is losing patience with South Africa’s banks

SARB

Original article published by Financial Mail here: Author Tim Cohen The South African Reserve Bank (SARB) is considering making participation in the PayShap instant payment system mandatory for banks as part of its broader effort to accelerate digital payments and reduce the country’s reliance on cash. While PayShap has been available for more than three