Managers of Wealth Africa

Futuregrowth Asset Management Expands Strategic Relationship with Confluence

South African-based asset manager with $13B in AUM moves into Production with Confluence’s Delta solution

The evolution of static data management

Implementation of the automation strategy over the past year has seen a rapid and sustained decline of incidents of around 80% month on month within the static data area.

Standard Bank customers embrace digital insurance solutions

Since March, we have seen more and more of our customers using our digital tools to buy insurance online and to log insurance claims via our Web site and the Standard Bank banking app.

FNB terminates Ayo Technology’s banking facilities

It said it is now “reviewing its options” for an alternative transactional banking facility.

Absa Africa, Amazon Launch Cloud Computing Incubator

Absa Africa has in partnership with Amazon, launched a cloud computing incubator to train staff.

Why is Crypto Adoption Growing in Africa?

Let’s find out why Africa is becoming a fertile ground for virtual currencies.

Five things Absa learnt as the first large corporate to adopt the .Africa domain

Adopting the new - mostly unknown and distinctly African - domain was not without its challenges, but it underscored Absa Group’s efforts to establish its new identity as an independent, digitally led African bank.

Fundkiss becomes first African company to hold bespoke P2P lending licence

This fearless FinTech firm – which acts as a matchmaker between borrowers and lenders in Mauritius – has got many firsts to its credit.

SA venture capital firm HAVAÍC invests in Kenyan start-up

HAVAÍC is an established investment and advisory firm that specialises in early-stage, high-growth technology businesses with proven concepts and global prospects.

Access Bank spends N18.7 billion on digitization in 2020

Access Bank topped its spending on digitalization to enable it compete.

Kenya agency banking startup secures funding for regional expansion

Tanda just secured strategic partnerships with Interswitch and MasterCard to accelerate this growth.

Mauritius among top FinTech hubs in the region: report

In Chapter one, the report covers economic developments, including regulatory mandates, that are impacting the growth of FinTechs in MEA, and joins the dots to its current situation.

Equity Group mobile banking revenue falls Sh1.2bn on fee waiver

Equity’s lost revenue is despite its digital platforms such as Equitel and EazzyBiz having transacted more money than the legacy channels such as branch for the first time.

Cryptocurrencies can alleviate Africa’s banking challenges, Yellow Card says

The crypto industry on the continent is growing rapidly, with Yellow Card well out in front.

How South African businesses use Bitcoin to evade tax

This cash is provided to a “crypto agent” who converts it into Bitcoin and transfers it to a personal wallet.

UBA: A bank of many firsts, in pursuit of customer satisfaction

Recently, UBA again raised the bar, with another first of its kind, that is currently setting the pace in the digital banking space.

Apple Pay goes live in South Africa with Absa, Nedbank and Discovery Bank cards

Investec Bank says it will roll out the feature soon (probably not in the coming months though).

DEAL: Curacel raises $450,000 pre-seed funding to drive insurance inclusion in Africa

Curacel’s flagship CLAIMS platform acts as a bridge between primary care hospitals and Africa’s insurance companies.

Nigerian fintech Xerde rolls out new social funding app

The new application will help drive digital transformation by providing accessible funding solutions to innovators

Kenya banking startup gets seed funding for global expansion

Tanda plans on growing its Kenyan footprint to over 100,000 merchants and agents while expanding further to Rwanda, Uganda and Tanzania.