Managers of Wealth Africa

SA banks step up Africa drive amid fintech rivalry

Moody’s warns that digital competitors are already eroding banks’ market share.

Capitec expands digital ecosystem to 14 million app users

The bank has invested significantly into its digital services, resulting in app user growth of 13% to 14 million users.

PalmPay Named One of the World's Top 300 Fintech Companies of 2025 by CNBC & Statista

This marks the second consecutive year that PalmPay has earned a place among the world's most innovative and impactful financial technology firms.

Standard Bank Hackathon Showcases Generative AI Solutions Across Africa

Over three days, teams worked on projects focused on client experience, operational efficiency, risk management and financial inclusion.

South Africans saying goodbye to cash

At the same time, data from banks shows that people are increasingly favouring digital payments over cash.

Paga Group Expands Into the U.S. Market With Digital Banking for Africa’s Diaspora

The rollout begins with Nigerians in the US, representing the first step in Paga’s wider international growth strategy.

Sub-Saharan Africa Crypto Transactions Up 52% to $205B on Inflation, Inclusion Push

However, the total value of transactions recorded south of the Sahara only accounts for about 2% of global cryptocurrency transactions during the period.

Citi Deploys Advanced AI Tools Across UAE and Middle East & Africa Operations

The suite of AI tools is designed to enhance employee productivity and operational efficiency across various functions within the bank.

AI to Power Seamless Banking Experiences Across Africa

Fragmented journeys and siloed services have long left customers frustrated

How Technology Shapes Digital Adoption in Nigeria’s Banking Sector

These banks demonstrated that investing in technology was essential not just for staying competitive but for transforming the banking experience in Nigeria.

Fidelity Bank spotlights fintech’s role in US-Africa trade

Fintechs are uniquely positioned to address these gaps

Old Mutual launches OM Bank to redefine digital banking in Africa

The milestone marks the group’s transition from its earlier Money Account offering to a wholly owned, cloud-native banking platform that delivers affordability, simplicity, and scalability.

Dawie Roodt warns about financial scams in South Africa

The caller said they decided to keep these transactions on hold and first confirm with Roodt whether he was the one making the payments.

DA Proposes Cyber Commissioner To Fight AI Bank Scams

As digital banking fraud doubles, the official opposition proposes a new constitutional amendment to establish a dedicated cyber security authority.

African businesses face rising cybersecurity risks through WhatsApp use

The biggest risk for organisations is data leakage.

UK affirms collaboration with Nigeria against cyber threats

Tuggar also announced the creation of a Cyber Diplomacy Unit within the Ministry of Foreign Affairs to coordinate Nigeria’s international cyber engagements.

Nigeria: Flutterware Debuts Fractional US Stock Trading

The new offering lets users purchase fractional shares of US stocks directly through Flutterwave’s app or thirdparty platforms integrated with its API.

Capitec Boosts Tech Investment with 19% Rise in Capital Expenditure

This steady growth reflects a commitment to strengthening infrastructure and scaling operations through digital innovation.

African women have less access to the internet than men – solutions the G20 can champion

What is the gendered digital divide?

South Africa Sees 86% Surge in Digital Banking Fraud, Losses Near R1.9 Billion

Beyond digital fraud, application fraud has become another major growth area.

FinTech