Buy now pay later gets twice as many recommendations as banks

South African customers who have used buy now, pay later to purchase goods would overwhelmingly recommend it as a payment method. In contrast, customers of South African banks aren’t even half as likely to recommend financial services from their banks. This...

QR code payments set to reach $3trn by 2025

A new study from Juniper Research predicts that the global spend using QR code payments will reach over $3-trillion by 2025; rising from $2,4-trillion in 2022. This growth of 25% will be driven by the increasing focus on improving the level of financial inclusion in...

Currency risk a major challenge when investing in Africa

Although currency risk is present throughout the investment process, it was most impactful for both fund managers and limited partners (LPs) at the time of portfolio exit. This is among the findings of a special report series exploring the “Currency Risk...

Ukraine war set to hamper SME growth

2022 was set to be a year of growth and recovery for South African small businesses, however, the war in Ukraine is beginning to thwart this projection. The World Trade Organisation has recently slashed its global growth forecast to 2,8% from 4,1% before the war....

Valuation of Top 100 fintechs nears $3trn

Data presented by Tradingplatform.com indicates that the global value of the Top 100 fintechs is $2,8-trillion and is steadily approaching the $3-trillion mark. Commenting on the data, Tradingplatform.com’s Edith Reads says: “The fintech industry has grown...