Articles about Fintech

TurnStay scales from start-up to R1bn transactions

The local fintech grows from a two-person start-up into a 100-client firm processing more than R1 billion in travel payments.

Fintech start-up Stitch adds PayShap Request

Stitch is now live with PayShap Request, with multiple acquiring bank partners and automated transaction routing.

MTN, Clydestone clash over mobile money IP

The mobile money Ghana dispute centres on alleged unauthorised use of a local fintech firm's intellectual property.

Ozow, FNB and RMB plug into API payments

The new payment API enables real-time, bank-authenticated transactions while removing manual EFT steps for merchants.

GoTyme app migration gathers momentum

GoTyme Bank migrates customers to its new app, as it discontinues its legacy digital banking platforms as part of a new strategy.

AI sparks new wave of venture capital deals in SA

Venture capital investments exceeded R16 billion over the last decade, with AI emerging as the next major growth driver for South African start-ups.

AI-powered lender Optasia targets SA’s underbanked

The company is stepping up its push into SA, betting that AI-driven credit scoring can unlock financial services for millions of people.

Pepkor creates R21.3bn fintech platform

The company merges its Flash fintech subsidiary with Shop2Shop to create merchant commerce and fintech platform FintechCo.

Launch Africa Ventures records first investor payouts

For the first time, the Pan-African venture capital firm returns R45 million to investors in its Launch Africa Seed Fund I.

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Local SMEs enter digital maturity phase

South African SMEs advance amid growing adoption of emerging digital tools despite economic pressure, says Mastercard.

East Africa’s next fintech act

Mobile money gave East Africa financial access and now the region is building the infrastructure, intelligence and ambition to deliver genuine financial empowerment at scale.