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TymeBank to acquire SME funder Retail Capital

By Theunis Jansen van Rensburg
In BusinessFinanceTechnology
5 days ago
TymeBank will spearhead its business banking expansion with the acquisition of Retail Capital, a fintech firm that provides funding to SMEs.

Mobile Money Industry Processes Record $1 Trillion

By Thabiso Moloi
In BusinessFinanceMobileTechnology
4 months ago
In its latest 10th annual ‘State of the Industry Report on Mobile Money’, the GSMA has revealed that the mobile money industry processed a record $1 trillion annually.

Stablecoin cryptocurrency launched pegged to the South African rand

By Theunis Jansen van Rensburg
In CryptocurrencyFinanceTechnology
9 months ago
A new stablecoin cryptocurrency has been launched that is pegged to the South African rand, called ZARP.

Meet Spot Money, SA’s new fintech brand

By Thabiso Moloi
In AppsBankingBusinessFinanceTechnology
2 years ago
Spot Money has officially launched and is said to be our country’s first Open Banking offering in the South African fintech landscape.

Microsoft profits beat expectations by billions

By Theunis Jansen van Rensburg
In BusinessFinanceMicrosoftTechnology
2 years ago
It has been another massive quarter for Microsoft profits, beating analyst expectations in its latest earnings report.

Cape Town AI firm DataProphet raises R100 million in funding

By Theunis Jansen van Rensburg
In Artificial IntelligenceBusinessFinanceTechnology
2 years ago
Cape Town-based DataProphet, a provider of artificial intelligence solutions, has raised an additional R100 million in funding.

Amazon now offers car insurance

By Theunis Jansen van Rensburg
In AmazonFinanceTechnology
2 years ago
Amazon's new car insurance business is being run through Amazon Pay in partnership with a private company, Acko General Insurance.

Meet Novi: Facebook rebrands its digital wallet, Calibra

By Bryan Smith
In BankingCryptocurrencyFinanceTechnology
2 years ago
Facebook has rebranded its digital currency wallet to Novi; replacing Calibra, its maligned digital wallet that would have housed its Libra cryptocurrency.

Google is working on a smart debit card

By Theunis Jansen van Rensburg
In BusinessFinanceGadgetsGoogle
2 years ago
Google has been getting involved in new industries in recent years. Next is banking, with a smart debit card rumoured to launch soon.

Fintech capital raise hit $34 billion in 2019

By Theunis Jansen van Rensburg
In FinanceGadgetsTechnology
2 years ago
According to research firm CD Insights, fintech firms around the world raised $33.9 billion in total in 2019, which was garnered over 1,900 deals.

US revenue service wants to tax video game currencies

By Theunis Jansen van Rensburg
In FinanceGadgets
2 years ago
The Internal Revenue Service in the USA wants to tax video game currencies in the future. It won’t need to be reported if the currency remains in-game.

Mastercard's new Biometic Cards boast fingerprint scanners and were trialled in South Africa

By Bryan Smith
In BankingBusinessEditor's PicksFinanceSouth AfricaTechnology
5 years ago
Mastercard has unveiled its new Biometric cards, which use a customer's fingerprint to authenticate purchases in lieu of a PIN.
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