The company has acquired iyzico for $165 million, adding to its over $500 million fintech investments.
South Africa’s newest crypto-currency exchange VALR sees brisk business after rand-Bitcoin trading opens.
The fintech group delivers an almost 20% rise in revenue to just over R607 million, with a 13% decrease in profit.
Online travel agency Travelstart signs a deal to secure a 100% stake in SA-based Club Travel Group.
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.
These amendments, combined with new reporting standards such as IFRS 9 compliance, have implications for tax-paying entities.
The investment by the Ethos AI Fund in TymeBank will result in the fund being an 8% shareholder in the bank.
The company opts out of insuring computer equipment used for crypto-currency mining due to the unregulated nature of the industry.
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
Enghouse is pleased to welcome ProOpti’s customers and employees to the Enghouse Interactive organisation, says Steve Sadler, chairman and CEO of Enghouse.
An effective risk and compliance policy is vital for modern fintechs, says NuPay.
Foreign suppliers of electronic services to SA may be obliged to register for tax, says Simone Esch, senior tax advisor at Themis Law Chambers.
New fintech firm Fundrr is disrupting traditional SME financing models, offering online finance in 24 hours.
The bank unveils its SimplyBlu all-in-one payment solution that allows small business owners to start and manage their own online store from one platform.