alphacode

AlphaCode selects 10 businesses for R10-million fintech support programme

AlphaCode has announced the 10 startups that will take part in the AlphaCode Incubate programme. The development programme provides funding, mentorship from experts, access to…

Fintech 2021 predictions [Opinion]

Each year, at AlphaCode, we use our vantage point of the fintech landscape to share what we expect this year. We had no idea last January…

AlphaCode awards R450 000 to healthcare fintech at virtual demo day

Rand Merchant Investments (RMI) startup incubator AlphaCode has taken another step to find the next unicorn in financial services when it chose Oyi Medical Card and awarded it R450…

AlphaCode seeks next fintech unicorn – applications open for prestigious R10m programme

Applications are open for the next AlphaCode Incubate programme which aims to identify, partner, and grow innovative financial services entrepreneurs. Successful applicants will receive funding, guidance…

Rand Merchant Investments/AlphaCode successfully exits investment in Luno

Rand Merchant Investments (RMI), through its fintech investment arm, AlphaCode has announced that it has exited its investment in Luno. Luno is a leading global cryptocurrency company that…

Is Africa heading towards a cashless society?

Cash may have traditionally been king, but Covid-19 has contributed to a faster pace of digital payment adoption. Recently on AlphaCode’s monthly Industry Insights webinar, two…

Current environment offers opportunities for digital entrepreneurs to solve new pain points

The current environment offers many opportunities for entrepreneurs in the digital space according to fintech experts, Willem Roos, CEO of Rain (former OUTsurance CEO), and Dominique…

New SA fintech offers staff earned wage access when there’s more month than money

Living paycheque to paycheque is a harsh reality for 76% of hard-working South Africans. Techpreneur, Raeesa Gabriels, is shaking up the financial services industry…

What SA fintech disruption really looks like

We spend a lot of time thinking about the concept of “disruption” in personal finance. It’s more than just business, we want everyone to…

Fintech covers car insurance excess, reduces premiums, and you stay with your insurer

SelfSure, a new SA fintech, has come up with a smart way to solve the problem faced by many car owners when they put…

Fintech helps control medical costs for you and your staff with a medical savings card

Between 70% and 80% of employed South Africans cannot afford medical aid and do not always have cash readily available to pay for unexpected…

South African fintech in 2020 – what can we expect?

Fintech is rapidly transforming the very essence of global financial services. Here at AlphaCode, we spend a lot of time researching and thinking about…

10 ways Africa’s fintech sector boomed in 2019

Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in…

SA’s best, simple and cheap ways to save your December bonus

If you are lucky enough to get a December bonus, that you haven’t already spent on Black Friday specials and you’re not deep in…

SA insurtech Solvency to launch ‘disruptive product’ in January after netting investment [Updated]

UPDATE (21 January 2020): Solvency this week launched its new insurance product. Founder Mutoda Mahamba said in a statement that while the product is…

SA tech entrepreneurship: what’s working and what inhibits

Despite the ongoing hype around entrepreneurship and trendy startup tech businesses in South Africa, there are prevailing myths that muddy the thinking around the…

RMI’s AlphaCode takes 25.1% stake in healthtech Guidepost

Rand Merchant Investments (RMI), through its fintech investment arm, AlphaCode, announced today that it had taken a 25.1% stake in SA healthtech platform Guidepost….

Alphacode provides R23m in loans to three black-owned fintech startups

Fintech accelerator AlphaCode announced today that it has provided R23-million in funding under the BEE code of good conduct’s supplier development element, to three SA fintech startups,…

AlphaCode awards R16m in grants, support services to eight black-owned SA fintechs

Eight black-owned fintech startups have won business support and funding totalling R16-million from Rand Merchant Investment Holdings’ (RMI) fintech incubator AlphaCode. The AlphaCode Incubate initiative, in partnership…

SA fintech Fundrr finally lands funding after being turned down by 50 angels

Try and try again. That’s what the founders of Joburg based fintech startup Fundrr, which lends to small businesses, have had to do to…

AlphaCode extends application deadline for incubator initiative for black startups to 24 June

AlphaCode has extended the deadline for Alphacode Incubate — an incubation programme aimed at black fintech startups — to next Monday (24 June). The initial deadline…

Twenty candidates on Explore initiative prepare to pitch for AlphaCode Incubate

Twenty candidates from seven SA startups and developer teams are getting ready to pitch next week for the chance to get into top Joburg…

New SA fintech aims to disrupt traditional, alternative SME financing [Sponsored]

There are 2.4 million small and medium-sized enterprises (SMEs) in South Africa that employ around 60% to 70% of the working population. But this…

Phase Two of COVID-19 vaccine rollout in South Africa to start on 17 May

The evolution of payments: Where small businesses can succeed [Sponsored]

The Coolest OG’s: SA game show to see elderly contestants compete for R100 000

Algebra Ventures launches $90-million fund to invest in startups

SU Techpreneurship programme connects students with tech internships

At any cost: The South African fraudsters who took the tech world for more than $40-million

Lil Nas X launches hellfire twerking game (NSFW)

New contract deals for Nintendo Switch announced

6 new Nokia smartphones announced across different price ranges

Toyota finally gives the 86 more power

Road test: The Isuzu D-Max 3.0 X-Rider

RS6 and S8 power-up Audi presence in South Africa