Managers of Wealth Africa

New technology to future-proof the network

Managers should take the advice of those who suggest that, strategically, the network should be viewed as a “whole life investment”.

Online clients asking for more as banks go digital

This comes amid increased use of social media platforms including Twitter and Facebook to engage with service providers and businesses.

SA Startup NoPBX Expands to Namibia

The unique NoPBX platform allows any business to set up their own business switchboard and be active in minutes, including choosing their own telephone numbers, and using just their existing cellphones.

Whatsapp chat banking: Connecting FirstBank’s customers with loved ones

The WhatsApp banking channel operates in addition to the bank’s existing channels which include Unstructured Supplementary Service Data (USSD), Internet Banking, and Mobile Bank.

Nigerian BaaS startup Anchor joins Y Combinator summer batch

These reports have brought about a spike in the number of companies and amount of investment activities in the fintech space in Africa.

Ecobank Group Launches 2022 Edition of its Fintech Challenge with US$50,000 Prize Money up for Grabs

Ten finalists will be inducted into the Ecobank Fintech Fellowship after the finals and awards ceremony which will take place in October 2022.

Path To A Bitcoin Standard In Africa

A Bitcoin standard in Africa could mean economic growth, higher quality of life and financial freedom for all Africans.

Google Pay launched in South Africa

South Africa is the first African country to receive support for Google contactless payments.

Investment solution to strengthen financial growth launched in Nigeria

She also noted that Branch recently recorded one of the highest ROIs in the country

South African Reserve Bank promotes digital assets-friendly behavior from financial institutions

It added that the institutions had made the move to de-risk their operations due to uncertainty over the regulatory treatment of digital assets.

Volante Technologies Research Reveals Middle East and Africa Financial Institutions Have Ambitious Payments Modernization Plans

Region poised to make more investment in payments modernization over next two years than any other geography

Africa’s first central bank e-currency is yet to have recurring users

But, the news should be taken with a healthy dose of skepticism as at an average of 1.35 transactions per active wallet, the eNaira has not convinced its users to do a lot with it.

Digital lenders train sights on struggling small banks

Kenya Bankers Association (KBA) director for research and policy Samuel Tiriongo said the entry of digital banks could be driven by need to meet capital and licenses requirements.

South Africa’s central bank grants local banks permission to serve crypto clients

several banks in the country had barred customers from using their credit and debit cards to purchase crypto on foreign exchanges.

SA Reserve Bank Confirms Banks Can Work With Crypto Exchanges

Luno says the cryptocurrency industry has driven economic growth and financial inclusion in South Africa.

Johannesburg Prepares for Digital Finance Africa 2022

Now, more than ever, we must come together and share our stories and find answers to our questions.

Virtual Pay International Limited Obtains License from the Central Bank of Kenya (CBK)

Virtual Pay proposes to collaborate with all sector players in the market, namely, banks, nonbank financial institutions, major card schemes etc., to ensure that the company is able to scale its operations for the benefit of all stakeholders.

In-depth with Mike Brown, SA’s longest serving bank CEO: Nedbank, digital revolution, renewables, fintechs, greylisting and crypto

It’s a huge responsibility as a CEO having a business with 26,000 staff and 8 million customers.

SARB urges banks not to close crypto exchange accounts

Following FNB’s announcement, other big banks, such as Nedbank and Absa, followed suit in closing the accounts of crypto-currency exchanges.

AVAÍC invests $500k in Kenyan fintech start-up FinAccess

FinAccess drives financial inclusion and unlocks financial services for many unbanked people in East Africa through its technology platform and widespread distribution.

FinTech