Tag: South Africa
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.
South African FinTech Yellow nets $20m in debt financing
South Africa-based Yellow, which offers energy financing products to low-income households in Africa, has reportedly collected $20m in debt funding.
Africa-focused vehicle financing app Moove nabs fresh investment
Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners
South Africa-based Lipa Payments raises fresh capital
Lipa Payments, a South African FinTech company, has raised R10m ($660,000) in fresh funding.
South Africa-based Stitch scores $21m
Stitch, a South African API FinTech developer, has reportedly raised $21m in Series A funding round.
Root makes ground in South Africa with seed close
South Africa-based Root, as it looks to enter new markets, has collected $3m in its seed round funding.
South Africa’s Justice Department suffers significant ransomware hack
The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.
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