The local bourse partners with international capital markets tech firms to digitise capital raising for unlisted companies.
Through a combination of automation, monthly reviews and a dynamic fee structure, iKhokha puts the power back in the hands of its merchants.
ePayMe checkout by DafriBank allows South Africans to receive near instant cross-border payment direct to their bank accounts.
Project Khokha 2 could successfully issue, clear and settle debentures on digital ledger tech using tokenised money.
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 Series A round, which has a minimum participating entry of $1 million, aims to raise $80 million.
With the acquisition of Mobicred, RCS Group plans to accelerate its growth in the e-commerce ecosystem.
The big-four bank already has 1 500 staff in its data analytics division, but is struggling to find the requisite skills to fill over 200 vacancies.
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
The South African cities improve their global rankings for fintech offerings, taking the lead in Africa.
Huawei Cloud South Africa will leverage its alliance with distributor Pinnacle and intensify its focus on its local ecosystem to drive growth and move ahead of competition.
Eighty-five percent of senior executives surveyed are already implementing BaaS solutions or are planning to in the next 12-18 months.
Increased financial services regulation will revolutionise the burgeoning fintech industry, says a law expert.
The hacking group continues to exert pressure, while a legal expert foresees TransUnion facing civil claims.