Xero Beautiful Business Fund to boost small business aspirations

Coinciding with Xero Day 2023 – the day of Xero’s founding 17 years ago – Xero yesterday (6 July) announced a new global small business fund with more than R8-million in funding, to support the future aspirations of small businesses globally. The...

Capital Appreciation concludes Dariel Solutions acquisition

Fintech group Capital Appreciation has completed the R131,2-million acquisition of Dariel Solutions, the parent company of South African IT software services provider Dariel Software. Capital Appreciation offers technology-based goods and services to businesses in a...

Poor integration destroys shareholder value in too many M&As

Mergers and acquisitions (M&A) are some of the most complex business processes. Ensuring great system integration after the deal is done can help companies avoid the very real risk of failure, and can also help maximise future success. By Sergio Barbosa, CIO of...

Vuleka wins Visa Everywhere Initiative (VEI) SA

Vuleka, has been named as the winner of the South Africa edition of the 2023 Visa Everywhere Initiative (VEI), a global innovation program and competition for start-ups and fintech companies. Vuleka will receive a $50 000 monetary prize and progresses to the Central...

Growthpoint proposes B-BBEE transaction to further social impact

Growthpoint Properties has asked its shareholders to approve a R250-million broad-based black economic empowerment (B-BBEE) ownership scheme for a major empowerment transaction that will continue to fund the flagship corporate social investment (CSI) initiatives that...

SA fintech among top WEF Technology Pioneers

Omnisient, a South African data analytics fintech that is helping people with no credit history get access to affordable credit, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. Omnisient has...