Total Economic Impact Study From Forrester Consulting Finds Terminal as a Service (TaaS) by Ingenico Delivers 49% ROI

Posted on by Staff Reporter | 14813 Views | 12 min read

Ingenico, a world leader in payment services, has released the results of the Total Economic Impact™ study it commissioned from Forrester Consulting on the return on investment (ROI) that enterprises may realise by deploying “Terminal as a Service” by Ingenico. As a newly independent company following its recent acquisition by Apollo Funds, the release of

Post-Covid Opportunities for SMEs

Posted on by Staff Reporter | 10605 Views | 16 min read

Small businesses level the playing field in new economy. Standard Bank’s recent SME Summit laid bare the need for small businesses to leverage the advantages of technology and ecosystems to level the playing field between smaller enterprises and larger established businesses and corporates. The K-shaped economic recovery was seeing many big, established businesses boom. Smaller businesses and

SA’s Large Unlisted Businesses Cautiously Optimistic About Growth

Posted on by Staff Reporter | 7990 Views | 16 min read

Written by Craig Polkinghorne, Head of Commercial Clients at Standard Bank’s Business and Commercial Clients. As COVID-19 restrictions recede and the damage of the July 2021 unrest is managed, South Africa’s large unlisted business segment is well-placed to leverage opportunities in the domestic, regional, and global economy. Generally, the country’s larger unlisted businesses are either

African Markets Build Resilience in a Challenging Environment

Posted on by Staff Reporter | 50763 Views | 15 min read

Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, OMFIF’s 2022 Absa Africa Financial Markets Index reveals. Even as challenging market conditions weighed on performance in the index, 19

PAYM8’s New Chief Operating Officer Ready to Tackle New Fintech Opportunities

Posted on by Staff Reporter | 8360 Views | 13 min read

PAYM8, a leading financial collection and payment firm, has appointed Alwyn Fourie as its first Chief Operating Officer (COO). Fourie will oversee the day-to-day operational and administrative functions of the business. PAYM8 was launched in 2001 and has seen rapid growth in South Africa as well as in neighbouring Namibia and Botswana. The company offers

Payhippo Acquires Nigeria’s Maritime Microfinance Bank to Expand its Customer Offerings

Posted on by Staff Reporter | 19151 Views | 14 min read

With direct access to Nigeria’s Inter-bank Settlement System, this acquisition will enable Payhippo to launch an array of products and services for its customers  Payhippo, Nigeria’s credit-led SME fintech, has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans. The acquisition

SASSA Grants Recipients Advised to Collect Money at Retailers and ATMs Due to System Glitches at Post Office Outlets Today

Posted on by Staff Reporter | 29434 Views | 7 min read

SASSA social grants recipients using the SASSA gold cards are advised to collect their monies at retailers and ATMs, as over the counter withdrawals at Post Office outlets are affected by systems glitches. Withdrawals of social grants can be made at any retail outlets nationwide that provides the cashback functionality which includes Shoprite, Checkers, Usave,

Massmart Joins the Ranks by Offering Accessible Business Finance to South Africa’s SMEs

Posted on by Staff Reporter | 7806 Views | 10 min read

Massmart has joined forces with local Fintech, Retail Capital, providing access to funding to small, medium enterprises (SMEs) in South Africa. Retail Capital is one of the country’s leading alternative funders and a leader in Fintech solutions. “There are approximately 2.6 million SMEs in South Africa contributing 34% to GDP, however many still struggle to

Six Fintech Companies From Africa Emerge as Finalists in the Ecobank Fintech Challenge 2022

Posted on by Staff Reporter | 27669 Views | 12 min read

 The six finalists were chosen following extremely strong competition from over 700 fintechs from 59 countries. Grand Finale to be held on 28 October at the Ecobank Group Pan African Centre in Lomé, Togo. Finalists will compete for the top price of $50,000 and admission to the ‘Ecobank Fintech Challenge Fellowship’ program Ecobank Group, the

Touch and Pay Wins $50,000 Ecobank Fintech Challenge 2022

Posted on by Staff Reporter | 30528 Views | 13 min read

Touch and Pay processes microtransactions across Africa, such as paying for bus journeys  Ecobank Group (www.Ecobank.com) is proud to announce that Touch and Pay a Nigeria-based fintech has won the 2022 edition of the Ecobank Fintech Challenge. This announcement was made at the Grand Finale, today at Ecobank’s headquarters in Lomé,  presided by H.E. Cina