Southern African Fintech Start-Ups Receive Investment Readiness Support for Financial Access Solutions

Posted on by Staff Reporter | 28680 Views | 23 min read

Ten innovative Southern African start-ups received awards for their solutions to bridge the gap in financial access for underserved communities. The Fintech Challenge was part of the ecosystem development initiatives under the Southern Africa Innovation Bridge Portal supported by the World Bank to crowd-source new and impactful ways to utilise the latest innovations in fintech.

Can Micro-Investments Bridge the Savings and Wealth Gap in SA?

Posted on by Staff Reporter | 6741 Views | 13 min read

Ordinary South Africans don’t need to be told to save more, or that they have a poor saving culture. What they need is opportunities to grow their wealth through investments that are accessible to their income level, says the founder of a local venture builder and business incubator Aions Creative Technology. There’s enough money to

DRUID Forms Strategic Alliance with MoData: Pioneering AI-Powered Customer Engagement and Fintech Solutions

Posted on by Staff Reporter | 20957 Views | 9 min read

DRUID, an AI-driven conversational leader, has announced its strategic partnership with MoData (Pty) Ltd, an emerging forerunner in AI-powered customer engagement, fintech and data-driven financial applications. This collaboration is poised to blend DRUID’s advanced conversational AI capabilities with MoData’s transformative financial business operational insights, equipping businesses with powerful tools to maximise digital adoption strategies while

Stanbic Commits to Local Business Growth

Posted on by Staff Reporter | 46836 Views | 3 min read

Stanbic Bank says it is committed to focus on the growth of local businesses and is well positioned to offer fit for purpose banking services to local businesses in the country. Speaking during his country visit to Zambia, Standard Bank Chief Executive Officer for Business & Commercial Banking, Mr Bill Blackie said that Standard Bank,

Ecobank Wins Coveted Euromoney Award as Africa’s Best Bank for SMEs

Posted on by Staff Reporter | 56270 Views | 8 min read

Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This award reflects Ecobank’s absolute commitment to supporting African SMEs

Unlocking Africa’s E-Commerce Potential With Alternative Payment Methods – Ecentric Payment Systems

Posted on by Staff Reporter | 50794 Views | 17 min read

By Quintin van der Linde, Senior New Business Developer at Ecentric Payment Systems Africa is projected to have more than half a billion e-commerce users by 2025. In part, this can be attributed to the growing adoption of alternative payment methods in the wake of the pandemic. With 45% of the population in Sub-Saharan Africa

The Power of Payment Technology in Bolstering SA’s Rural and Informal Businesses – PAYM8

Posted on by Staff Reporter | 32738 Views | 15 min read

The size of a small, informal, or rural business shouldn’t be an obstacle to them attaining the same growth rate as larger, more formal enterprises. In fact, their smaller scale should be an advantage with fewer bureaucratic hurdles and greater flexibility. But in reality, rural businesses and informal traders are often limited by access to

The Future of Trade Finance in Sub-Saharan Africa Amidst Hard Currency Challenges

Posted on by Staff Reporter | 49830 Views | 28 min read

With foreign exchange shortages plaguing sub-Saharan African economies, Bank One’s Head of Trade, Gerald Ndosi, explains what measures can be taken to overcome US dollar liquidity challenges, promote trade finance, and foster sustainable economic growth in the region International Trade is conducted in the currencies of major economic powers, largely the US dollar, European Union

Mastercard and PayU Launch First Click to Pay Embedded Payments Experience in South Africa

Posted on by Staff Reporter | 15335 Views | 13 min read

• Launch of global Click to Pay embedded payments experience solidifies Mastercard’s partnership with PayU, along with their merchants. • PayU, a leading Payment Service Provider in South Africa, is the first to launch this payment method in the country. Mastercard, in partnership with PayU, today announces the launch of Click to Pay in South

Everything You Need to Know About QR code Payments – Ukheshe

Posted on by Staff Reporter | 29067 Views | 14 min read

by Paul Selibas, Division President at Ukheshe If there’s one thing almost no one leaves home without, it’s their mobile phone. How many times have you forgotten your keys or worse still, your wallet, and been left stranded at the shops? Now you don’t need your purse or your wallet, or even a bank card