Although a significant amount of funds were invested in MENA start-ups in the past decade, 28% failed in their initial years.
The bank now offers life insurance via its app and online banking platform.
The global payments company introduces a biometric payment card first trialled in SA.
With international bank transfers costing the continent $4?billion a year, locals are rapidly adopting the cryptocurrency.
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 payments company urges late-stage commerce start-ups to apply to participate in its annual Start Path Global class.
The banking app will now use augmented reality to help users locate eBucks partners.
It has won Best Mobile Security Technology in the 2017 Banker Africa Southern Africa Banking Awards for the second year running.
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
TransUnion Africa CEO Lee Naik asks if we could see the next big fintech unicorn be born in an incubator in Nairobi or Cape Town.
Root is a lightweight bank account for developers that is accessible with code.
The banking sector in many sub-Saharan African countries has demonstrated significant growth in recent years, says Rubi Blue.
Mobile application and software development start-up looks to expand to rural African communities.