The company says the impact of COVID-19 delayed clients’ decisions on projects and new terminal orders, but it weathered those pressures.
After completing its six-month soft launch phase, the new home-grown crypto player introduces a mobile app to enable users to buy and sell Bitcoin.
The Cape Town-based firm further invests in finance marketplace FundingHub, following its initial investment in 2019.
Besides specialised skills, the digital engineering firm is also targeting university graduates and previously disadvantaged groups.
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.
Stakeholders and observers of the crypto-currency industry attribute the exponential growth to various factors, including the global recognition the industry has received.
The company posts blowout e-commerce revenue growth of 55% for the year, outperforming the Chinese Internet giant, which posted 28% revenue growth.
The telco says it put in motion a campaign to promote its financial products and will launch new services in the next 12 months.
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
The local crypto exchange launches VALR Pay, a platform to send South African rand payments to any mobile number or e-mail address.
As the crypto-assets marketplace grows, there will be options available that will make transactions in the digital world easy and very secure.
Gauteng’s e-government department sets aside R457 million for the project in 2021/2022, as it looks to continue its rollout and maintenance.
Key differences between traditional and crypto arbitrage include crypto working with virtual assets and markets that are more volatile, says OVEX CEO Jonathan Ovadia.
Two Durban brothers, aged 17 and 20, “vanish” with funds after claiming their crypto trading platform had been hacked.