Fintech and bank partnerships can grow SMEs

The fintech adoption rate in Africa is set to soar, with South Africa ranking third in future growth, after China and India. This is due to the presence of established fintech firms and higher customer acceptance in the country. Partnerships between fintech start-ups...

Microfinancer replaces legacy with Temenos software

Barko Financial Services selected Temenos software to replace its legacy systems, in both core and front office. The microfinance institution will use cloud-native, cloud-agnostic Temenos T24 Transact, the next generation in core banking, and Temenos Infinity, the...

thryve opens Canadian office

thryve, a provider of insurance, risk and governance technology solutions, has opened an office in Toronto, Canada. “The technology sector in Canada is growing at an incredible rate,” says Neer Rama, Force Solutions product manager at thryve. “We...

Sophisticated tools help track defaulters

The South African Reserve Bank Quarterly Bulletin for March 2019ยน reports that household debt increased at a faster pace in the fourth quarter of 2018, edging up to 72,7% as a percentage of nominal disposable income, and suggesting that South Africans are borrowing to...

Luno launches Ethereum rand trading on its exchange

South African cryptocurrency traders are now able to buy Ethereum using rands directly on the Luno exchange at launch fees of between 0% and 0,2%. Marius Reitz, Luno’s GM: Africa, says that a direct Ethereum/rand pair will make it quicker, simpler and cheaper...

Hello Paisa makes Inclusive Fintech 50 club

International money remittance and digital banking provider, Hello Paisa, has been included in the inaugural Inclusive Fintech 50 club. MetLife Foundation and Visa, with partners Accion and IFC, launched a global competition to elevate fintechs driving financial and...