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...

Convergence Partners backs Yellow’s latest Series B funding round

Convergence Partners has announced the closure of its investment in Yellow, a provider of pay-as-you-go finance for off-grid solar home systems and connectivity solutions for low-income consumers in parts of East Africa. This is the fourth investment in Convergence...