05/10/2023
StanChart’s SC Juza platform allows one to borrow from Sh1,000 to Sh100,000 every week. The cost of the short-term credit comprises a processing fee of 5.5 percent and interest rate of 1.08 percent per month.
05/08/2023
Redefining traditional banking without losing the personal touch.
05/05/2023
A six-member committee recommends concessions for the sector
05/05/2023
The reintroduced rates are lower by up to 61 percent from what was in place before the pandemic.
05/05/2023
Customers with rainOneTM can seamlessly port their existing number and use rain mobile as their primary SIM, with national 4G mobile coverage.
04/30/2023
Understanding the mobile money revolution
04/30/2023
“In most economies, SMEs contribute between 40-55% of GDP and 50-80% of employment, according to the World Bank. 22% of Africa’s working-age population are entrepreneurs – the highest entrepreneurship rate in the world according to Afric
04/26/2023
Kickstarting 4IR in Africa cannot and should not be implemented by a company sitting in Silicon Valley.
04/25/2023
PayShap is the outcome of an industry-spanning collaboration, driven by BankservAfrica, the Payments Association of South Africa and the South African banking community
04/24/2023
The launch of Afrimoney also represents a success for Angola’s government, which is pursuing a long-term economic strategy focused on digital services and technology.
04/21/2023
This milestone development authorizes Unlimint to operate as a recognized payment service provider in the region
04/20/2023
Copia, founded in Kenya by Tracey Turner and Jonathan Lewis in 2013, is a business-to-customer (B2C) platform that allows unserved and underserved customers to order goods through its mobile technologies, agents and logistic channel.
04/20/2023
According to the lead organiser of the summit, Mr Andrew Barden, the fintech emerged as the winner of the award after an extensive and in-depth “analysis of its role in the retail and trade markets across Africa
04/19/2023
“Of all adults with a mobile money account, 88 per cent have one registered in their own name (a nine percentage point increase year on year).”
04/17/2023
The longer it takes to identify and report a scam involving changed banking details, the more damage can be done.
04/12/2023
South Africa's Standard Bank Group is the largest bank in Africa with total assets worth nearly $171 billion. Project Dunbar, with SARB as one of the 4 participating central banks globally, proved financial institutions could use CBDCs issued by part
04/12/2023
Given the strategic value of data center to digital transformation
04/06/2023
As part of its innovation, Mukuru has also launched a series of services in the past few months to build a diverse product offering for customers.
04/05/2023
A variety of metrics are used to choose the winner, including the impact of their company’s products and services on South Africans, as well as the company’s financial and technical performance.
04/04/2023
AccessAfrica customers will also be able to receive payments from all over the world through MFS Africa partners.