The transaction will see e4 obtain the necessary capital for advancing to the next stage of its expansion.
After a R182 million investment in 42Markets, it is well-positioned to drive central bank digital currencies, says the businessman.
The big-four bank acquires a minority stake in agritech start-up Khula!App, for an undisclosed amount.
A super app is a cloud-based open banking environment where users can carry out all financial transactions within one closed ecosystem, says Mark Wang, solution architect at Huawei Cloud’s southern African region.
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 one-year Grow-IT programme aims to address the central bank’s current and future IT skills requirements.
Bridging the gap in cyber security technology acquisition.
GRGBanking, founded in China, provides holistic hardware and software products and solutions to the financial services market.
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
Financial experts tout open banking as the answer to the billions of rands lost in SA’s cash economy annually.
In 2022, the telco rolled out 1 570 5G sites, mainly in SA and Nigeria, bringing its total number of 5G sites to 2 527.
SA’s new rapid payments system looks to iron out challenges, as it targets 500 million financial transactions per annum.
The fresh capital will support 42Markets in accelerating the development and expansion of its portfolio companies.