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.
The South African cities improve their global rankings for fintech offerings, taking the lead in Africa.
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
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.
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 hacking group continues to exert pressure, while a legal expert foresees TransUnion facing civil claims.
The fintech platform unveils Mastercard’s Track Instant Pay for clients in the Middle East and Africa region.
Project Dunbar highlights the possibilities of using multiple CBDCs issued on a shared platform for international settlement.
Sabric co-ordinates with banks to ensure South Africans’ personal information is not abused by the TransUnion hackers.
The bank has collaborated with OfferZen to enable users to code their own bank experience.