fintech

Nigeria’s Lidya set on being biggest non-bank lender to SMEs with Polish, Czech expansion

Nigerian fintech startup Lidya is on a drive to become the world’s biggest non-bank lender to small and medium-sized enterprises (SMEs) in the world. “The…

Fintech lender Investmint links small firms looking for funding, with investor

Chris Bruchhausen and Gareth Price are behind one of SA’s latest fintech lenders, Investmint — which links investors with small businesses looking for finance….

Ukheshe, Mindbridge named winners of SA Reserve Bank’s global fintech hackcelerator

The SA Reserve Bank (Sarb) has named SA’s uKheshe and Canada’s MindBridge Analytics the winners of its 2019 Global Fintech Hackcelerator @ Southern Africa…

My-iMali looking to raise R25m to save employers thousands of rands in bank charges

A SA fintech startup wants to save employers thousands of rands in bank charges by getting them to pay their employees through a new…

‘Egypt’s central bank to launch over $50m fintech fund’

The Central Bank of Egypt (CBE) is reportedly planning to launch a $50-million to $100-million fintech fund by early next year. So, says Egypt’s…

Standard Bank leads $4m investment round in SA fintech Nomanini [Updated]

UPDATE (27 August 2019): We neglected to mention in the initial version of this story that Dutch impact investor Goodwell Investments also participated in the…

Fincheck has landed R4.4m from investors reveals founder

SA startup Fincheck has netted R4.4-million in investment from two investors, Benatar Capital and Parktown Capital, the startup’s founder Michael Bowren revealed yesterday. Fincheck allows consumers to…

Fincheck acquires stake in FundingHub, takes over management of platform

Fincheck — a SA startup that allows consumers to compare financial services products — has taken an undisclosed minority stake in FundingHub and has also assumed full…

Five SA fintechs that service the growing market of SME lending [Updated]

An increasing number of fintech startups are looking to fund small businesses in South Africa using online platforms and apps to service the massive…

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 uKheshe nets over R7m from investors on R100m valuation

Joburg-based fintech startup uKheshe has raised $500 000 (over R7.6-million at the current exchange rate) in seed funding on a valuation of R100-million, from FiTech Ventures…

Nigerian Edmund Olotu’s TechAdvance raises $1m from Bahrain investor

Lagos-based payments infrastructure firm TechAdvance has secured $1-million in funding from Bahrain’s Lamar Holding. TechAdvance was founded in 2009 by CEO Edmund Olotu (pictured above) and…

We’ve grown fourfold since First Rand deal reveals co-founder of fintech Selpal

SA fintech Selpal has grown its revenue and customer footprint “fourfold” since First Rand announced that it had acquired an undisclosed minority stake in…

EY, Open Banking Nigeria to develop standard API for country’s fintech sector

Global professional services firm Ernst & Young (EY) has partnered with Open Banking Nigeria to develop a standard Application Programming Interface (API) for the…

Fintech accounts for over a third of SA tech startup investments in 2019 so far

Over a third of the over R500-million rand in venture capital (VC) investments directed to SA tech startups so far this year, has gone…

P2P micro lending marketplace Pezesha wins Seedstars Nairobi

Kenyan peer-to-peer micro lending marketplace Pezesha has been crowned the winner of this year’s Seedstars Nairobi pitching competition. The sixth edition of the pitching…

Founders Factory Africa, Netcare to help 35 healthtech startups scale across Africa

Venture builder and accelerator Founders Factory Africa and SA healthcare provider Netcare have partnered to provide a platform for entrepreneurs to build and scale 35 healthcare…

Are there really 491 African fintech startups that operate on the continent?

A new report released this week by tech publication Disrupt Africa puts the number of African fintech startups currently operating on the continent at…

Six Nigerian fintech startups to keep an eye on

Fintech is one of the most attractive tech sectors for investment in Africa — and Nigeria, together with South Africa and Kenya, is leading…

What does the average SA fintech founder look like?

What does the typical SA fintech founder look like? Most likely they’re male, aged over 30, have studied at UCT, Stellenbosch or Wits and…

Digital disruptors in fintech, offer threats and challenges [Sponsored]

Digital disruptors are rapidly changing numerous sectors the world over. And South Africa is no exception. Even though local industries are being challenged at…

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…

What SA fintech startups should know about dealing with regulations

You’ve started a fintech startup — now it’s time to navigate the muddy waters of SA fintech regulation. More that hassling with funding or trying…

Google Maps’ upcoming Local Guides feature turns it into a social network

5 things we learned from ‘Rick and Morty’s creators ahead of season 4

Cell C’s 4G coverage will be even greater thanks to latest MTN deal

Nigeria’s LifeBank scoops $250k in Jack Ma’s Africa Netpreneur Prize

Here are SME minister’s new measures to boost small business finance

Nigeria’s Hello Tractor, Kenya’s BuuPass win $15k each in Bosch Africa Smart Mobility prize

These 8 Sony phones will receive Android 10 by early 2020

HMD Global’s premium Nokia 7.2 arrives in South Africa for R6299

Motorola RAZR 2019 proves the flip phone never really died

What other parts may need to be replaced with my windscreen? [Sponsored]

African car company Mureza to debut Prim8 mini-SUV at Automechanika Johannesburg

2020 Nissan GTR 50th Anniversary edition hits SA, starts at R2.4m