Fintech is sold as the answer to Africa’s problems, but digital money services have downsides which media often overlook: The research assessed newspaper coverage of fintech in Kenya, Uganda and South Africa. Tony Karumba/AFP via Getty Images The online financial products and services known as “fintech” have become deeply embedded in the economic and social …
Africa poised to become a global leader in fintech: Tapfuma Musewe By Tapfuma Musewe and Kyle Hiebert Africa — one of the world’s least developed and often misrepresented regions — is leading the creation of a new wave of financial tech (fintech) products. In the process, the continent’s entrepreneurs are showing how digital access to …
What makes FinTech solutions succeed? We built a model based on Ghana’s experience: A woman places her mobile phone over credit card reader at grocery store checkout counter. Luis Alvarez via Gettyimages Nearly a quarter of adults in the world do not have access to a basic bank account. Financial technology (FinTech) innovations, such as …
South Africa in the news: Stratus.co – Apollo Fintech Launches Stratus.co as World’s Most Expansive Unbiased Social Ecosystem: Technology company Apollo Fintech is launching Stratus ( Stratus.co ), the world’s most expansive unbiased social ecosystem on November 27th. Stratus provides a censorship-resistant platform, combines …: “South Africa” – BingNews PM’s address in the 18th Episode …
Fintech company, e4 backs its strategic transformation plans: Ntombi Mphokane Fintech company, e4, which offers Software-as-a-Service driven digital solutions, has announced the appointment of Ntombi Mphokane, as its first HR and transformation executive. Responsible for all aspects of HR and transformation across the Group, Mphokane says this is a new role and supports e4’s strategic …
Innovation leads to FinTech nomination for e4: Simon Slater, e4’s chief operations officer Software as a Service company, e4, has been nominated for an African FinTech award. Featured in the innovative banking category, e4 is being recognised for its disruptive banking solution, Virtual Identity, which digitally enables the FICA process for accountable institutions. Chief operations …
South Africa in the news: To starve the beast of finance, fintech needs regulatory support: James Saft: South Africa interest rates to rise again in November despite weak economy JOHANNESBURG South Africa’s Reserve Bank is expected to raise interest rates in November in its fight to lower inflation, despite much weaker economic growth, a Reuters …