Tag: South Africa

South African FinTech Franc has so far raised $300,000 in an ongoing seed funding round to fund its efforts to simplify the world of investment.

TradeSafe Escrow, an online payment holding company, has reportedly received an investment from South African financial institution Standard Bank.

Credit scoring and comparison company Experian may have exposed the private data of 24 million South African customers and 800,000 companies in a cybersecurity breach.

South Africa-based Valr has reportedly raised $3.4m to help build new products for its cryptocurrency exchange.

South African challenger banks TymeBank and Discovery Bank has reportedly thrived during the country's coronavirus lockdown.

Planet42, which offers consumers a rent-to-buy vehicle rental, has reportedly netted €2.2m in a funding round.

South Africa-based Inclusivity Solutions has secured $1.3m in the second tranche of its Series A round, bringing the total funding to $2.6m.

South African InsurTech startup CompariSure has closed a funding round to support the increased adoption of its solution.

Mobile payment provider Samsung Pay has celebrated passing a significant milestone in Africa.

South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).