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Solid Black Friday for OneDayOnly, with help from Crimson Line, Azure

Crimson Line assisted OneDayOnly in migrating its infrastructure to Microsoft Azure to enable the e-tailer to meet the demands of customers on Black Friday.

Crimson Line

4:50

Black Friday

Nov 26, 2021

Buy-now-pay-later to be star of Black Friday bonanza

Local online retailers forecast a bumper sales period, boosted by the record number of shoppers selecting flexible credit options this Black Friday/Cyber Monday.

TFG earmarks R500m for tech hub innovations

The fashion retail giant allocates a multimillion-rand investment to ramp up its digital strategy, after establishing its TFGLabs tech hub.

Pick n Pay introduces self-service via WhatsApp

Pick n Pay customers are now able to directly engage with the retail giant, following the introduction of its chat commerce facility available via WhatsApp.

Sibahle Malinga

3:20

African Rainbow Capital

Nov 24, 2021

Motsepe’s ARC joins consortium to seal R1.5bn fintech deal

African Rainbow Capital will acquire 37% of fintech firm Crossfin through a consortium, for R600 million, in a combination of acquisitive and growth capital.

Samuel Mungadze

4:30

Endeavor South Africa

Nov 24, 2021

Endeavor raises R130m, seeks SA tech start-ups

The firm says the fund is on track to be fully invested by 2022, investing in six tech companies to date, with a further four in the immediate pipeline.

FNB partners Zapper on scan-to-pay feature

First National Bank and RMB Private Bank integrate Zapper into their apps, to enable customers to use the scan-to-pay feature at Zapper-enabled merchants.

Introducing the Altron FinTech ACS Smart Kiosk

Altron believes its FinTech ACS Smart Kiosk will become an essential card issuance device that addresses the fast-changing needs of consumers.

MTN MoMo partners Nedbank for cash-outs at ATMs

The cash-out functionality adds to the existing MoMo suite of saving, sending and receiving money, paying bills and buying prepaid services.

SA banks expect Black Friday ‘bounce’ in online transactions

The big-four banks anticipate a significant uptick in Black Friday digital transactions, as the easing of lockdown improves the country’s GDP rate.

Naspers sees bumper e-commerce revenue

E-commerce revenue grew 52% to $4.6 billion, versus a strong performance for the same period last year, outpacing revenue growth at Tencent last year.

The future of financial inclusion in South Africa

Developing more innovative payment methods in isolation is not enough, says Johan Gellatly, MD of Altron FinTech.

Altron FinTech

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