The UK-based fintech firm looks to grow its local workforce to around 125 employees in two years, as it names the Mother City as its second major tech hub.
The centuries-old African tradition is evolving into a sophisticated financial force, says Reinard Janse Van Rensburg, regional sales manager at Altron FinTech.
South Africa is attracting serious venture capital attention, with two unicorns and strong funding growth.
Binance introduces TradFi perpetual contracts in SA and updates its know-your-customer process for users of its futures platform.
NSFAS fintech partners to challenge contract cancellations
In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1
The financial watchdog investigates online trading platforms, citing high investor losses and conflicts of interest, while ramping up supervisory tech capabilities.
Stafford Masie steps down as African Bitcoin Company chairman, but stays on as executive director amid a broader board reshuffle.
When implemented effectively, modern digital identity creates aligned benefits across society, providing easier access to services.
Huawei Cloud drives African FinTech innovation
Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking
Investors’ caution over hyperscalers’ AI spending weighs on Tencent, even as analysts point to its embedded ecosystem as a fundamental differentiator.
MoData’s suite – Accurate, Cadency and Adra – offers automated reconciliation and financial close tools that streamline the record-to-report process.
Merchants on Cross Switch can now offer Absa Pay, improving security for online customers during checkout.
The breach exposed select client records, including account numbers, some account information, business names, and ID or registration numbers.
Nearly two years after its launch, FNB Connect’s eSIM offering now makes up 10% of the mobile virtual network operator’s sales volumes.