Crossfin takes stake in VantagePay

Payments and technology company Vantage Africa, trading as VantagePay, has announced that Crossfin Holdings has acquired a meaningful stake for an undisclosed sum. Barry Lobel, VantagePay’s CEO and co-founder, comments: “VantagePay has developed a leading...

MFS Africa acquires US-based prepaid card processor

MFS Africa, Africa’s largest digital payments network, has reached an agreement to buy Global Technology Partners (GTP). Based in Tulsa, Oklahoma, GTP is the number one processor for prepaid cards in Africa, with over 80 banks – including UBA, Ecobank,...

Vodacom achieves Level 1 B-BBEE status

Vodacom has announced that it has achieved Level 1 contributor status towards Broad-Based Black Economic Empowerment (B-BBEE) for a fourth consecutive year. Vodacom SA’s B-BBEE verification has been based on the Amended ICT Codes of Good Practice for Broad Based...

Synthesis continues growth streak

JSE-listed fintech group Capital Appreciation has announced its annual results for the year ended 31 March 2022. It has experienced a strong acceleration in business activity in the past year and a substantial demand for its innovative technology products and...

Talk360 raises $4 million seed round

International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone worldwide, has secured $4-million (R64-million) in funding as it prepares to launch a new pan-African payment platform in...

Dartcom adds to its management team

South African level 1 B-BBEE telecommunications and energy infrastructure and services provider, Dartcom has appointed several new key executives to strengthen the leadership team and support the company’s strategic growth plan. “We are pleased to welcome...