High-frequency trading (HFT) firms are increasingly eyeing South Africa as a prime destination for their algorithmic trading operations. Driven by the country’s highly liquid markets, state-of-the-art infrastructure, and strategic position as a gateway to Africa, South Africa presents compelling advantages for HFT players. The Johannesburg Stock Exchange (JSE) has significantly evolved, with key enhancements like the Millennium IT platform and colocation services, offering ultra-low-latency access for traders. Coupled with an uptick in retail trading and competitive exchanges like A2X, South Africa’s capital markets are becoming more sophisticated, presenting a dynamic environment for both local and global HFT firms. This shift is contributing to the modernization of the market and furthering innovation in Africa’s financial landscape.
Tag: FinTech
Smart connectivity: The new competitive advantage
The Internet of Things (IoT) is redefining competitiveness across industries, from advanced Olympic training to transformative business operations in sectors such as retail, healthcare, logistics, and finance. With the global IoT market seeing rapid growth and local adoption accelerating, businesses are increasingly incorporating smart connectivity into core strategy. This article explores the tangible benefits of IoT integration, the future of connected operations, and why centralised, secure, and scalable IoT management systems are essential for sustaining long-term success in the digital economy.
Ripple could be cracking the blockchain banking code, say D24
Ripple is positioning itself as a key player in bridging traditional banking and blockchain through RippleNet, offering fast and cost-effective cross-border payments, gaining traction among major financial institutions despite ongoing regulatory challenges.
21st Edition Connected Banking Summit Innovation & Excellence Awards 2025 – Southern Africa
The 21st Edition Connected Banking Summit Innovation & Excellence Awards 2025 – Southern Africa will unite banking, fintech, and financial leaders in Johannesburg to discuss innovation, connectivity, and building a resilient financial ecosystem for the region’s future.
Stablecoins: Driving the Future of Digital Finance — D24 Fintech Group on Codex’s Blockchain Innovation
Learn how stablecoins are shaping the next era of digital finance. D24 Fintech Group discusses Codex’s $15.8M funding, their purpose-built blockchain for stablecoins, and the future of global payments.
Xago Expands Globally with AUSTRAC Registration and New Currency Integrations
Xago Technologies, a South African fintech specializing in digital payments via the XRP Ledger, has expanded globally by registering with AUSTRAC as a Digital Currency Exchange. The company now supports six major currencies, including NGN and EUR, enhancing cross-border transactions with speed, compliance, and security.
Egypt’s Digital Issuing Revolution – Apple Tokenisation Drives Interest
Egypt’s digital payments landscape is transforming, driven by Apple Pay tokenisation and a surge in mobile-first financial products. Norman Frankel shares market insights following his visit, highlighting Cairo’s contrast of heritage and innovation and the rapid fintech adoption reshaping banking and consumer behavior.
2025 AFRICATECH AWARDS AT VIVATECH: NIGERIA, KENYA & TUNISIA TOP THE LIST FOR THIS 4th EDITION
The 2025 AfricaTech Awards, hosted at VivaTech in Paris, celebrates African innovation with 45 startup finalists across GreenTech, HealthTech, and E-commerce & FinTech. This 4th edition sees Nigeria, Kenya, and Tunisia leading in participation, with half of the finalists being women-led startups. Winners will be announced on June 12, 2025.
Kenya’s Payments Evolution: What banks and fintechs can learn from M-Pesa and mobile operators
The article examines Kenya’s evolving payment ecosystem, highlighting the impact of M-Pesa and mobile operators on the financial landscape. It explores how banks and fintechs can learn from M-Pesa’s success in driving innovation and customer engagement, while also addressing the rising competition and evolving digital banking trends.
XRP Set to Lead Quantum-Ready Blockchain Security, Says D24 Fintech Group
XRP is positioning itself as a quantum-ready blockchain by proactively securing its infrastructure against future quantum computing threats. With its focus on quantum resistance, XRP aims to become a leader in secure and scalable financial networks. Its innovative approach to blockchain technology, fast cross-border payments, and strong ties to the financial sector make it an appealing choice for financial institutions and governments, especially in light of emerging quantum technology.