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ChainLink is a decentralised Oracle network used to pay node operators to deliver accurate third-party information to the blockchain.
The telco posts blowout half-year results, buoyed by double-digit data usage growth and higher customer demand for smart devices due to the lockdown.
The telecoms operator looks to reinforce its market position using its LTE services to drive aggressive growth and enter new markets.
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 bank is driving the mass adoption of contactless payments in Africa, as consumers look for safer ways to pay in the wake of COVID-19.
The company acquires a 20% stake in the Nigerian online sports betting company, with the potential for a further R500 million investment.
The company announces to shareholders that it has concluded the transaction and is now awaiting regulatory approvals.
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
Africa’s growing tech talent pool has the potential to contribute R2.8 trillion to the continent’s GDP by 2025, according to the e-Conomy Africa report.
The local fintech start-up secures additional funding from three venture capital companies for its expansion into France, UK, Portugal and West Africa.
The new partnership is intended to make it easier for mobile money customers to load funds onto their mobile wallet without the need for a credit card.
Tshwane Trust has been appointed as the liquidator after Nextec Advisory failed to implement a successful turnaround strategy.
Open banking is overcoming old rivalry between fintechs and traditional banks, says Finastra's Rudy Kawmi.