South Africa is poised for a digital currency shift, and technology innovator MoData states that it is positioned to play a key role in underpinning the next generation of money. As South Africa accelerates its digital currency ambitions, the South African Reserve Bank (SARB) is laying the groundwork for a financial revolution – one that
Nedbank Group, one of South Africa’s leading financial services providers, is pleased to announce that it has entered into a binding agreement to acquire 100% of fintech innovator iKhokha in an all cash deal for approximately R1.65bn (subject to certain adjustments upon conclusion), a move that marks a significant milestone in Nedbank’s strategy to deepen
In today’s always-on digital economy, even a moment of downtime can cripple small businesses – resulting in lost revenue, broken trust, and operational delays. SMEs are under increasing pressure to function in real time – whether it’s processing payments, running cloud-based applications, or simply staying connected to customers. Uninterrupted, high-performance connectivity is no longer optional;
Written by 1Nebula | https://www.1nebula.com/ Get your free Telecom Cost Audit here For good reason, people, capital, and infrastructure are known as the pillars that hold up organisations. Now comes a modern pillar that is just as important: connectivity. Nobody would deny the need for extensive financial oversight in monitoring spending on people, capital, and
Mama Money has officially partnered with Capitec to make it easier, safer, and more affordable for migrants in South Africa to send money home. This powerful collaboration brings together Mama Money’s inclusive remittance platform and Capitec’s trusted digital banking services, creating a solution designed with people at its heart. At its core, this partnership is
Western Union, Zoona Transactions Zambia Limited, and Chipper Cash today jointly announced the launch of international money transfer services through the Chipper Cash app. This new, co-branded service empowers customers in Zambia to send and receive money across borders with greater ease, flexibility, and security, meeting the growing demand for digital-first financial solutions. Zoona, a
Building on its strong presence in South Africa, Paymentology’s new plug-and-play solution, PayoCard, enables digital banks and fintechs to launch secure, self-service card experiences faster – supporting underserved customers and expanding access to digital payments Paymentology, the leading global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs
Mojaloop Foundation announced today that Cenfri, the South Africa-based independent think tank dedicated to enabling inclusive financial and economic growth, has joined its growing Global Partner Program. Cenfri’s expertise in market development, regulatory frameworks and policy design will further empower the Mojaloop Foundation’s mission to advance inclusive instant payment systems (IIPS) worldwide. “We are excited
This article was originally published on the Cross Switch website here. Cross Switch, a global payment orchestration platform built for the unique needs of emerging markets, has unveiled a refreshed brand and newly redesigned website that reflect its continued growth and expanding presence across Africa and other high-growth regions. This announcement builds on recent momentum,
Omnea CEO Deon Tromp shares why real financial transformation starts with architecture, not apps – and why it’s time to move beyond legacy systems and siloed solutions. South Africa’s financial services sector is under pressure to modernise – yet few businesses are solving the right problems. While digital banking apps and fintech interfaces have advanced
