The Series A equity round of funding was led by 100x Ventures, with participation from 4Di Capital and continued support from Michael Jordaan and Bittrex.
The telco says it is ready to launch mobile solutions for consumers and merchants through a partnership with the global Chinese company.
South Africa’s business process outsourcing market continues to thrive during the COVID-19 lockdown after attracting billions worth of investments.
The black-owned fintech firm offers free personal and business accounts that allow users to build an online store to sell their products and services.
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 local tech start-up attracts a new investor, as asset manager Futuregrowth joins other backers with a fresh investment.
Despite hitting its highest levels, there are still profits to be made from investing in gold in the second half of 2020, say leading analysts at Goldman Sachs, Citi Bank and JP Morgan.
UK prime minister Boris Johnson is reportedly set to ban Huawei from Britain’s 5G network, in a decision that will delight Washington and dismay Beijing.
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 big-four bank puts data and analytics front and centre of its business strategy, committing to regularly upskill and employ data scientists.
The telco’s executive team has not taken annual salary increases and is diverting those funds into an employee support fund amid COVID-19.
Airbnb channels funds to Airbnb Africa Academy hosts, to help see them through the coronavirus crisis.
The global digital payments company expands the service to South Africa, to improve the online checkout experience.
Crypto-currency’s energy-intensive verification process is less efficient than systems that rely on a trusted central authority like a central bank, says Richard Firth, CEO of MIP Holdings.