11/29/2019
SA insurtech Solvency to launch ‘disruptive product’ in January after netting investment
Solvency is underwritten by Genric Insurance. In June the underwriter invested an undisclosed amount in the startup.
FinTech
11/28/2019
Fintech Growth in Kenya: The Success of Mobile Money
Reviewing Kenyan fintech innovations is particularly relevant since local fintech innovators have successfully responded to local market demands and paved the way for further fintech expansion.
11/28/2019
Ghana May Issue Digital Currency in ‘Near Future,’ Says Central Bank Chief
Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency.
11/27/2019
DTB’s nine-month profit hits Sh5.6bn
It joins other Kenyan banks whose cost of funds dropped significantly in the review period, indicating increased liquidity.
11/27/2019
United Africa Blockchain Association laments FNB's crypto decision
According to UABA, while South Africa does not currently appear to have any laws regulating custodianship of cryptocurrencies, the Crypto Assets Regulatory Working Group, in its January 16 released Consultation Paper, proposed regulatory action that would
11/27/2019
United Africa Blockchain Association laments FNB's crypto decision
The organisation added that the Intergovernmental Fintech Working Group (IFWG) and Crypto Assets Regulatory Working Group (CARW) have provided a roadmap proposed regulation.
11/27/2019
How African Bank’s digital focus has paid off
African Bank CEO Basani Maluleke talks to Business Day TV about the growth the bank has enjoyed
11/26/2019
A female-led venture capital fund focused on African women founders nears its €60 million target
It aims to be the largest pan-African VC fund able to deploy capital from seed through growth stage, says Ba, who is originally from Senegal.
11/26/2019
Branchless Banking Coming Soon – Bawumia
Speaking at the 3rd Chamber Business Awards 2018, Dr Bawumia said that, by stating that Ghanaians would be provided with bank accounts, he meant branchless banking.
11/26/2019
10 things South Africans says will make them switch banks
The survey polled over 47,000 banking customers, including 2,000 from South Africa, to determine what their banking needs are, and whether they are being met by local providers.
11/22/2019
$500 Bitcoin Premium in South Africa as Bank Announces Closure of Crypto Accounts
The affected exchanges, the news outlet reports, made it clear they have other banking relationships and noted the hope new regulations and guidelines will help the crypto industry move forward in the country.
11/22/2019
The banking brawl for zero is on – Bank Zero vs FNB
It seems that FNB is telling Bank Zero that the game is on
11/22/2019
Nedbank teams up with Mara Phones
We believe our clients should be able to use the mobile network of their own choosing
11/22/2019
Nigeria banks raise stakes in Africa mobile payment technology game
System is opening up to telecom operators in effort to reach the unbanked
11/21/2019
Banking giant to shut down South African crypto exchange accounts
“Within this context, the bank has taken the decision to discontinue the provision of banking services to virtual currency exchanges and entities dealing/trading in virtual currency. Future regulatory clarity may cause us to revise our decision.&
11/21/2019
Bank Zero’s debit card and world first anti-theft tech
A new bank called Bank Zero, which will be South Africa’s first digital bank has developed a patented debit card that hopes to offer advanced security features to protect their customers from theft and fraud.
11/20/2019
Everything you need to know about African fintech right now
Across West Africa, the reach of the mobile money sector is 13 times wider than local banks.
11/19/2019
Synthesis excels, again
The RegTech area has shown promising growth, attracting several new customers to the mix.
11/19/2019
Banks Can't Do All the Work on Financial Services
Other countries in Africa have also shown the importance of fintechs stepping in where banks can't.
11/18/2019
Libya’s Trans Sahara and Morocco’s Data Protect sign agreement to establish first data security operations centre in Libya
This collaboration is the result of our strategic decision to find partnerships within the Maghreb and to localize the regional talent’’, he concluded.