The cash-out functionality adds to the existing MoMo suite of saving, sending and receiving money, paying bills and buying prepaid services.
The big-four banks anticipate a significant uptick in Black Friday digital transactions, as the easing of lockdown improves the country’s GDP rate.
E-commerce revenue grew 52% to $4.6 billion, versus a strong performance for the same period last year, outpacing revenue growth at Tencent last year.
Developing more innovative payment methods in isolation is not enough, says Johan Gellatly, MD of Altron FinTech.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
The telco says the frequency of load-shedding is impacting customer experience, so it will make further investments in batteries to maintain network resilience.
Venture capital company Knife Capital invests $2 million in open source and risk analytics platform VoxCroft Analytics.
The COVID-19 pandemic has indirectly impacted the availability of certain skill sets, particularly those around financial IT.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
If government doesn’t respond to their call for industry regulation, e-hailing drivers and couriers plan to protest on Parliament Street tomorrow.
The Pan-African telecoms giant agrees to withdraw from its operations in Yemen, through a transfer of its shareholding to a minority shareholder.
The deal entails the sale and leaseback of 5 709 of MTN SA’s towers – comprising approximately 4 000 greenfield and 1 700 rooftop sites.
The role of technology in modernising the sector was one of the topics under discussion at the fourth annual Datacentrix Agri Indaba 2021.
The University of Johannesburg collaborates with the organisation to create a R170 million blockchain ecosystem, to disperse working capital to African start-ups.