For the first time, more than $1 billion was sent and received in the form of remittances globally every month via mobile money, says the GSM Association.
The big-four bank acquires local fintech company Selpal, as it looks to accelerate financial inclusion in SA.
Consumption Information Real Time seals its first seed funding agreement with impact investor E Squared, with the funds to be used to scale up operations.
Cape Town entrepreneurs shine, with team Tech Khaltsha crowned as the big winner of the innovative solutions competition.
ITWeb TV: Does SA have what it takes to produce a billion-dollar unicorn? | Episode #98
Innovation Hub CEO Bangani Mpangalasane discusses Gauteng's budding start-up ecosystem, why SA has yet to produce a unicorn company, and innovation that can be a catalyst for economic development and resolve societal challenges.
The start-up raises $5 million in funding, significantly bolstering the $1.2 million it had already obtained in 2019.
Imperial and Parcelninja plan a foray into Africa, which will see the companies digitising the informal merchant sector across the continent.
Local digital content creators are called to participate in the fully online Digital Lab Africa, run by Wits University’s Tshimologong Digital Innovation Precinct.
On 10 March, e-commerce retailers, entrepreneurs and businesses invite South Africans to celebrate online shopping.
Despite the obvious challenges, a Mastercard Index points to opportunities for women in the COVID-19 era, particularly in the digital economy.
The company will use the funds to expand access to electronic payment solutions, especially for underserved small and medium businesses.
Imvelo Ventures sets aside funding to help back and expand the app-based delivery service’s partnership network throughout SA.