Nilesh Dusane, global head of institutional payments at AWS, and Ben Janse van Rensburg, interim CIO at BankservAfrica, told PYMNTS that instant payments will do...
Amazon will open its doors to sellers in South Africa beginning next year. Starting Tuesday (Oct. 17), independent merchants in the African nation can register...
South African payments infrastructure Stitch has raised $25 million in a Series A extension. The round, announced Tuesday (Oct. 3), was led by Ribbit Capital...
South African telecom MTN now counts Mastercard among its investors. The company announced Monday (Aug. 14) that the payments giant had agreed to a minority investment in its FinTech group, valuing...
Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. The new funding consists of $28 million in...
The real-time payments landscape is constantly changing. Growth in adoption and transaction volume has been measured across the continents. With the U.S. Federal Reserve’s launch...
Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South...
Compared to other African markets which have high levels of unbanked populations, more than 80% of South Africa’s population has access to a bank account....
Rent-to-own car startup Planet42 hopes to add to its fleet after raising $100 million. The South African company also hopes to use the capital to...