The payment firms offer online merchants a buy-now-pay-later platform, to allow customers to split payments over multiple months.
The company aims to expand its high-speed fibre network to at least 500 000 households, impacting over two million South Africans.
The company’s gross profit margin improved, mainly driven by the growth in the fintech segment, it says.
The telecoms operator posts marginal gains in its trading update for the third quarter of the 2024 financial year.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
The digital-first bank will target a select group of clients in the second quarter, ahead of a broader public rollout later in the year.
Glu targets middle-upper income individuals in South Africa.
The Association for SA Payment Providers will help resolve pain points in online payment processing, says the e-commerce sector.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The next instalment of the University Technology Fund is on track to reach a R400 million target fund size, says Stocks & Strauss.
Local fintech players unveil the Association for SA Payment Providers, to promote financial inclusion and reduce the cost of digital payments.
Dr Setumo Mohapi has been appointed as CEO of fintech group Tafari Capital, effective 1 February.
The DeepSeek-R1 model gains attention for its performance and cost-effectiveness, challenging established players like OpenAI’s ChatGPT.