fintech

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…

Innotribe Startup Challenge expects cryptocurrency, payments to be big

Sub-Saharan Africa’s fintech scene is really exciting. From innovative lending solutions like peer-to-peer services like RainFin and Lendico to interesting payments companies like Nomanini…

Innotribe Startup Challenge seeking Africa’s top fintech talent

Africa has a knack for financial startups. Now, to captalise and promote this growing sector, renowned global financial tech conference Innotribe Startup Challenge 2015…

SA’s mobile budget app Bsavi launches at Web Summit, set to take on the world

A new personal finance startup, Bsavi, founded by a group of South Africans has finally launched at Web Summit. While it’s currently open as…

11 crafty fintech startups changing the way South Africans spend money

For startups, the fintech space is a good industry to be in. People are always looking for ways they can make the most out…

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