South Africa
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Sanari Capital Set to Drive Mid-Market Expansion with $80M Fund
Sanari Capital, a trailblazing women-led and majority Black-owned South African investment firm, recently announced the successful closure of its Sanari 3S Growth Fund at a…
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South Africa Accelerates Crypto Adoption with Approval of 248 Licenses
The Financial Sector Conduct Authority (FSCA) of South Africa has issued 248 licenses to crypto asset service providers (CASPs), marking a significant step in the…
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Telecom Giant MTN Ventures into Banking in South Africa
MTN, South Africa’s second-largest mobile network operator, has signalled its intention to acquire a banking license. This move comes as the South African Reserve Bank…
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Smartcall Brings Digital eSIMs to the South African Market
Smartcall, a leading connectivity retailer in South Africa, has taken a significant step towards the future of mobile connectivity by introducing Vodacom’s innovative eSIM solution.…
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South Africa Welcomes Mama Money’s WhatsApp-Powered Bank Card
South Africa’s fintech landscape is constantly evolving, and Mama Money Financial Services is at the forefront of innovation. The company has recently launched a groundbreaking…
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Jumia Group to Exit South Africa and Tunisia Amid Economic and Competitive Challenges
In a significant move, Jumia Group, the leading e-commerce platform in Africa, has announced plans to cease operations in South Africa and Tunisia by the…
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South African Merchants Get a Boost with Peach Payments and SUKHIBA Integration
Digital payments service provider Peach Payments has partnered with Kenya’s conversational commerce and CRM platform Sukhiba to offer South African merchants a new sales channel…
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Lesaka Strengthens Position with adumo Acquisition
Lesaka Holdings Limited, a leading Southern African fintech company, has further solidified its position as a natural consolidator in the region through the acquisition of…
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Electrum Achieves Milestone with AWS Financial Services Competency
Electrum, a South African payments technology leader, recently achieved a significant milestone by securing the prestigious Amazon Web Services (AWS) Financial Services Competency. This recognition…
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British Lender HSBC Leaves South Africa
In a significant shift, HSBC, Europe’s largest lender, has announced plans to exit its South African operations. This move is part of a broader strategy…
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