Superbrands South Africa today announced its official relaunch and the upcoming release of its highly anticipated fifth publication. The world’s largest independent arbiter of branding is back in South Africa! This milestone signifies its renewed dedication to identifying, recognising, and celebrating the nation’s most outstanding brands. Superbrands is globally renowned for its rigorous and independent
Payments infrastructure company Stitch has announced the acquisition of Efficacy Payments, marking its second major strategic move to date. This acquisition enables the fintech to offer direct card acquiring services to merchants as a Designated Clearing System Participant (DCSP), supporting more efficient, scalable, and cost-effective transactions across South Africa. With this move, Stitch becomes one
EFT Corporation, a leading African payment solutions provider with over 100 million end users and more than $33 billion in annual transaction volume, has announced a landmark partnership with some of Kenya’s most prominent SACCOs to co-create a shared digital payments platform. The announcement was made during the EFT Connect: Kenya event, held in Nairobi
Mukuru is helping reshape South Africa’s predominantly cash-based economy by unlocking access to e-commerce through its partnership with payment gateway Payfast by Network. For over a year, Mukuru and Payfast have enabled cash-paying South Africans to shop online via MukuruPay (MPay), bringing digital commerce within reach for millions and opening new markets for local retailers
Lesaka Technologies saw its share price surge by 17.1% on Friday morning following the announcement of a binding agreement to acquire 100% of South Africa’s digital lender, Bank Zero Mutual Bank, in a transaction valued at over R1.091 billion. Under the terms, the acquisition will be settled through a combination of newly issued shares—resulting in
Mastercard and enza, a payment solutions company, have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment Bank, the number
Mukuru, a leading next-generation financial services platform, has once again been recognised among the world’s most influential cross-border payment companies, earning a spot on the 2025 FXC Intelligence Cross-Border Payments 100 list for the sixth consecutive year. Mukuru joins an elite group of global fintechs shaping the future of financial services, reinforcing its reputation as
If you’re a fintech operating in South Africa, your business relationships with a Politically Exposed Person (PEP) could lead to a very serious misstep within your business without the proper due diligence. That’s because screening for PEPs and Prominent Influential Persons (PIPs) is an increasingly important aspect of Anti-Money Laundering (AML). South Africa’s Financial Intelligence
Cross Switch, a global payments technology company, has found a strategic collaborator in its mission to bring faster, smarter, and more scalable payments to emerging markets. In partnership with South African fintech leader Paysoft, these two forward-thinking platforms are joining forces to swing the axe against digital transaction logjams that hamper South African businesses. Be
SmartSwitch Botswana is blazing a trail for financial inclusion with a financial technology (Fintech) solution that puts dignity and financial services into the hands of food voucher beneficiaries. Since its establishment in 2006, Smart Switch has expanded its footprint to serve more than 75,000 beneficiaries in underserved communities across Botswana. SmartSwitch Botswana, a subsidiary of
