Tag: South Africa

African InsurTech deal activity sees slight uptick in 2023, contrary to...

Key African InsurTech investment stats in 2023: • African InsurTech companies raised a combined $30.4m in 2023, a 53% reduction from 2022 • African InsurTech deal...

Nigeria retains top spot in Africa for early stage FinTech investment...

Key African FinTech seed investment stats in 2023 • African FinTech seed deals totalled at 116 transactions in 2023, a 49% drop from 2022 • African...

Nigeria narrowly keeps top spot for FinTech hubs in Africa during...

Key FinTech investment stats in Africa during Q3 2023: · African FinTech deal activity reached 51 transactions in Q3 2023, a 28% drop YoY · African...

South Africa, Nigeria and Kenya battle for leading FinTech country in...

Key FinTech investment stats in Africa during Q3 2023: • African FinTech deal activity reached 51 transactions in Q3 2023, a 28% drop YoY • African...

Nigeria continues to dominate in Africa with 39% of FinTech deals...

Key African FinTech investment stats in H1 2023: • African FinTech deal activity reached 133 deals in H1 2023, a 38% drop YoY • African FinTech...

Adapting to Directive 8: A comprehensive guide for accountable institutions

Financial service providers, estate agents, and attorneys operating in South Africa face a critical challenge: aligning their processes with Directive 8.

How Directive 8 is reshaping employee screening in South African finance

In the ever-evolving landscape of financial crime, robust regulatory frameworks are indispensable.

Yellow scores $5m loan to boost solar solutions access in Africa

Oikocredit, a social impact investor, has deployed a $5m loan into Yellow, a pay-as-you-go off-grid solar solutions and appliances provider.

Finclusion Group rebrands to bolster financial inclusion in Africa

Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.

South Africa-based Moove raises funding to grow auto financing service

Moove, which stylises itself as the world’s first mobility FinTech company, has collected $20m in funding from Absa Corporate and Investment Banking.

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