The bancX start-up will use the funding to accelerate the expansion of its experiential cloud-based banking platform globally.
The telco credits the disposal of its shareholding in its Mexico business for impacting financials positively.
For the company to start making money, BCX is putting more resources in research and development, as well as moving away from legacy infrastructure.
As banks globally undertake digital banking transformations, embedded finance is a fast-growing trend that many companies have begun implementing within their own strategies.
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.
After going out to tender, a financial services company chose the MagicOrange cost transparency solution.
Through a strategic partnership, MTN customers with a Mastercard virtual payment solution linked to their MoMo wallets can make payments to global merchants.
The local fintech start-up saw growth in international money transfers surpass 500% in 2020, despite tough conditions brought on by COVID-19.
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
MultiChoice’s empowerment vehicle says the dividends rightfully belong to these shareholders and it would like to find them to pay out their money.
We are in the midst of the evolution of technologies in the financial sector, as seamless, agile financial services have never been more crucial.
The findings and recommendations by the financial expert will assist Adapt IT shareholders to understand the implications of the proposed transaction.
The platform addresses various real world, current problems, such as low liquidity and high trading fees.
The fintech firm wants its former executives to answer for alleged lack of corporate governance, financial mismanagement and accounting irregularities.