Fintech South Africa

11/07/2025

Students from four South African universities developed open-payment solutions during a hackathon hosted by the University of Cape Town and the Interledger Foundation.

Read here: https://fintechnews.africa/45550/fintech-south-africa/uct-interledger-hackathon-open-payments/

UCT hosted a hackathon with the Interledger Foundation, where students built open-payment solutions for local financial challenges.

06/06/2025

Cross Switch and Paysoft form a partnership to address digital payment system inefficiencies in South Africa

Read here: https://fintechnews.africa/45365/fintech-south-africa/cross-switch-paysoft-partnership/

Cross Switch and Paysoft partner to improve digital payment reliability, speed, and scalability for South African businesses and non-profits.

11/03/2025

Revolut is considering entry into South Africa, which could challenge established digital banks like TymeBank and Discovery Bank

Read here: https://fintechnews.africa/44855/fintech-south-africa/revolut-south-africa-expansion/

Revolut is considering a South African launch, potentially disrupting the market dominated by TymeBank, Discovery Bank, and Bank Zero.

28/01/2025

Stitch now enables enterprise businesses to accept in-person card payments and alternative online methods at the point of sale.

Stitch acquires ExiPay, expanding its payments platform to offer seamless online and in-person solutions for merchants across Africa.

14/01/2025

The wallet securely manages large payments for industries like to***co and cotton farming, removing the need for cash withdrawals and ensuring fund safety.

Mukuru launched a digital wallet in Zimbabwe, offering local and international money transfers, free cashouts, and payment solutions

20/12/2024

South Africa's fintech sector is rapidly growing, attracting significant investment and positioning the country as a leader in African financial innovation. Here are some of the top fintech startups in South Africa in 2024.

-with TymeBank ZA Onafriq Ozow Peach Payments Entersekt VALR

Today, we look at some of South Africa’s most successful and fastest-growing fintech top startups in 2024, highlighting their value propositions and recent achievements.

21/11/2024

Yellow Card App has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa.

Yellow Card, Africa’s leading stablecoin-based infrastructure provider, has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa.

31/10/2024

This enables the bank to take a big step forward towards achieving its broader, long-term transformation strategy.

-with Standard Bank Group Volante Technologies

Volante Technologies, the global leader in Payments as a Service (PaaS), is proud to announce a strategic partnership with Standard Bank, Africa’s biggest bank by assets, to modernize payment infrastructure across the African continent. This marks one of the most ambitious PaaS payment deals signe...

18/10/2024

Within South Africa’s burgeoning fintech landscape, several ventures have emerged as category leaders, recording substantial growth and garnering investor attention.

-with TymeBank ZA Onafriq Ozow Peach Payments Entersekt VALR

Today, we look at some of South Africa’s most successful and fastest-growing fintech top startups in 2024, highlighting their value propositions and recent achievements.

16/10/2024

South Africa will be the first market in the world to benefit from the security and speed of immediate Mastercard card payments.

Instant and secure payments can act as a multiplier to help businesses and economies thrive and grow. To further Mastercard’s vision of bringing immediacy to card payments, the company today announced that South Africa will be the first market in the world to benefit from the security and speed of...

24/09/2024

Happy Heritage Day! Let’s celebrate the nation’s diversity and the role fintech plays in shaping an inclusive financial future for all.

20/09/2024

BNPL payments in South Africa are poised to reach US$1.07 billion this year.

The usage of buy now, pay later (BNPL) services is increasing in South Africa, driven by the country's large population of financially unserved and underserved consumers, growing e-commerce activity, and challenging economic conditions.