fintech news
Absa, Tigo & JUMO Join Forces to Expand FinTech in Tanzania
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Founder of South African Fintech PayFast Resigns
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SA Fintech Ukheshe Partners with dzcard for Asia Pacific Expansion
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5 Top Instant Loan Apps in Nigeria
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The Value of Modernising Legacy Systems in the Financial Services Industry at Digital Finance Africa
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How Hybrid Cloud & AI Boost Innovation in Africa’s Banking Sector
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“Dire Implications” for Financial Services Unwilling to Digitise, says Standard Bank
Image sourced from Regent Lighting. Digitisation is driving the convergence of industries across the globe resulting in traditional financial services groups contending with a range of new competitors, says one of SA’s big four banks – Standard Bank. According to the findings of a report by world-renowned platform economy expert Sangeet Paul Choudary and Standard Bank’s Wholesale Clients Digital unit, the implications could be dire for financial services organisations that are unwilling to adapt their strategies in these changing times. Standard Bank’s newly released paper, titled The Power of the Platform Economy for Financial Services, looks at the fast-growing platform economy, in which value-creating interactions are facilitated by digital intermediaries. It unpacks the new opportuniti...
MTN is Selling its South African Towers
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Nigerian FinTech Kuda Bank Closes $55-Million Series B Funding Round
Image sourced from Tech Crunch. Kuda Bank, a Nigerian fintech startup has raised $55-million in a Series B funding round at a valuation of $500-million. Previously, the company announced it had raised $25-million during a round of Series A funding a little over four months ago. Co-leading this latest round of funding were existing investors Target Global and Valar Ventures – a firm co-founded and backed by PayPal co-founder, Peter Thiel. Joining them were SBI Investment and other previous participants. According to Kuda’s co-founder and CEO, Babs Ogundeyi, the startup aims to build a new take on banking services for “every African on the planet” – in service of these lofty goals, the startup is looking to use the funds raised during this latest round to build on its platform for Nigeria, a...
Why the Central Bank of Nigeria is Cracking Down on Forex Sales
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5 Pivotal Topics to be Discussed at the DFA 2021 – Register Now!
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7 Great Reasons to Sponsor the Digital Finance Africa 2021 Summit
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