A cryptocurrency is a digital currency secured with cryptography. It can be used to make payments and transfer funds. People are increasingly using cryptocurrencies to pay for goods and services, which is also an investment opportunity. Not all of the cryptocurrencies that have been created are worth investing in. Some investors will be looking to […]
Category Archives: Fintech
Fintech Africa
By Clinton Leask, Head of Digital at Pay@ With 70% of sub-Saharan Africa under the age of 301 and the youngest population in the world, Africa is home to one of the most ambitious, highly motivated and vibrant youth populations in the world. Millennials, the largest living generation of today, together with Gen Z, are set […]
By Aart Jurriaanse, Business Development Executive at Pay@ Eighteen months since the commencement of the African Continental Free Trade Agreement (AfCFTA), and despite less than ideal circumstances due to the COVID-19 pandemic, 43 African states have ratified the agreement. What’s more, nearly 90 percent of negotiations on product-specific rules have been concluded, covering more than 70 […]
In a global survey of 300 C-suite banking industry executives, 54% say their financial institutions have faced greater competition over the past three years from digital alternatives while 47% of UK respondents found this to be the case. However, these executives also indicate that they are better positioned to compete. Notably, 85% of respondents reported […]
Fintech, South Africa News
Tailored Payment Solutions Unlock Growth for Unserved Segments in South Africa
By Barry Williams, Sales & Marketing Head and Clinton Leask, Business Development Lead at Pay@ In 2017, only 35 percent of the African population had access to banking services and this figure was projected to increase to 48 percent in 2022.1 The South African National Payments System (NPS) is regarded as world-class,2 as the banked population rose from […]
Fintech, Uganda News
Uganda-based fintech offering onboarding-as-a-service receives scale-up funding
Laboremus Uganda, the B2B fintech that enables onboarding at scale, has received a funding boost from DOB Equity and FCA Investments to grow the company’s fintech platform in Uganda and neighboring markets. Laboremus’ platform helps banks and fintechs verify their customers’ identities and onboard them as customers. This alleviates one of the key bottlenecks in […]
Fintech
Cryptocurrency scams are on the rise in SA: How crypto cons work and how to protect yourself
The digital gold rush is here. As more people attempt to make money from cryptocurrencies, criminals and con artists aren’t far behind. Make sure you know how to recognise the biggest schemes that want to part you from your digital coins says Carey van Vlaanderen, CEO of ESET South Africa. The world seems to have […]
This article will demonstrate the steps to open a Bitcoin account in Nigeria. Bitcoin is gradually becoming popular in Nigeria and some other parts of the world. This cryptocurrency offers an efficient way of making online payments and also helps to keep your money safe from hackers. So, whether you are a company owner or […]
Kippa, the fast-growing fintech start-up offering digital business and financial management solutions for SMEs in Africa, today announces the launch of its second product, ‘Kippa Payments’, a digital payments solution enabling users to send and receive payments from customers and perform extended payments transactions automatically. Kippa Payments, which will be available to access within the […]
Payment fraud is a nightmare scenario for any business. Irrespective of size, companies face substantial financial and reputational harm resulting from fraudulent activity. Depending on the severity of the crime and the losses incurred, the very survival of the business may be at stake. Ryan Mer, CEO at eftsure Africa, a Know Your Payee™ (KYP) platform […]