OpenAI has secured a landmark $40 billion investment round led by SoftBank, elevating the company's valuation to a staggering $300 billion.
PayShap, the real-time payments platform developed by BankservAfrica, is set to integrate QR code functionality to boost adoption.
National Treasury allocated R3 billion to the South African Revenue Service (SARS) for modernisation efforts to enhance revenue collection.
Meta has significantly increased executive bonuses, even as they implement widespread layoffs and reduces stock options for its employees.
Visa has introduced "Tap to Add Card" in South Africa, that allows you to add Visa contactless cards to digital wallets with a simple tap.
X is moving closer to its transformation into an "everything app" with the upcoming launch of its payments platform, X Money.
Banks that helped finance Musk’s $44 billion acquisition are now preparing to sell portions of the $13 billion debt tied to the deal.
Naked Insurance has secured R700 million in a Series B funding round, bringing its total funding to R1.2 billion.
Old Mutual is gearing up to enter the digital banking space with the launch of OM Bank in the first quarter of 2025.
The PayPal Honey browser extension, designed to help users find better deals online, has come under fire and alleged to be a "scam".
Tyme Group, the digital banking group controlled by South African billionaire Patrice Motsepe, has achieved a valuation of $1.5 billion.
Mama Money has introduced a new bank card that enables users to manage their finances directly through WhatsApp.
