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

InstaPay Gini Offers South Africans a Way to Stay Ahead of Inflation

Insta

InstaPay, South Africa’s next-generation integrated merchant and consumer payments platform, has launched InstaPay Gini, a secure, mobile-first wallet that gives South Africans a smarter way to save and spend – with no monthly fees and interest rates of up to 6%, designed to beat inflation. “InstaPay is the result of combined expertise and technology between

Mukuru And MoneyGram Join Forces To Transform Cross Border Payments And Drive $1 Trillion Market

Muk

Mukuru has entered into a strategic partnership with MoneyGram, linking two advanced fintech platforms to deliver faster, more affordable, and more inclusive remittance services across Africa, Asia, and beyond. By combining Mukuru’s technology-led Southern African infrastructure with MoneyGram’s global reach, the collaboration aims to strengthen cross-border payment ecosystems and provide customers with greater access and

Agent Banking in Africa: From Missed Opportunity to Modern Reach

Agent

Across Africa, access is widening but gaps remain. Mobile money and instant payment rails continue to scale, yet distance to service points, liquidity constraints, and rising digital risks still hold back formal usage especially outside cities. The strategic question for banks is the following – will branch-centric distribution keep pace or will everyday payments continue

Float, South Africa’s Fintech Startup Raises $2.6m (R46 Million) to Scale

Float

Float, the four-year-old South African card-linked instalment platform, has successfully raised $2.6 million (R46 million) in its latest funding round. The round was co-led by Invenfin and SAAD Investment Holdings, with participation from all existing investors, including Platform Investment Partners. Lighthouse Venture Partners also joined the round and provided advisory support throughout the deal. The

Cross Switch at Seamless Africa 2025, Orchestrating Growth in Payments

Originally published by Cross Switch here: https://cross-switch.com/cross-switch-at-seamless-africa-2025-orchestrating-growth-in-payments/  Seamless Southern Africa 2025, held in Johannesburg, brought together over 6,000 professionals from the banking, fintech, retail, and e-commerce sectors. The energy in the air confirmed the feeling that Africa isn’t just following global digital commerce trends, but is moving ahead at its own lively pace, showing that

Click to Pay: Frictionless Payments for the Digital Consumer

Click to Pay

Click to Pay is transforming the way we pay online. Online commerce continues to grow, with new payment methods such as BNPL, stablecoins and scan-to-pay emerging over the last decade. Despite this variety, cards remain the most trusted and widely used method. The problem is that many online checkouts still rely on outdated processes, forcing