fintech (141)

Curve expands to London

South African FinTech company Curve Technology Group has expanded to the UK with the opening of a new office in London.

The company said it has already secured several international clients and its UK presence will make the company’s technology available to a new…

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Added by CFO South Africa on July 21, 2017 at 6:00 — No Comments

ZAR X signs up for Finance Indaba 2017

ZAR X has joined Finance Indaba 2017 as a gold partner and will make its debut at the event at the Sandton Convention Centre in October.

  • Finance professionals and accountants register for the Finance Indaba for free …
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Added by CFO South Africa on July 19, 2017 at 10:00 — No Comments

Finance Indaba 2017: Use DocFox to simplify compliance procedures

"DocFox provides a single solution - endorsed by global law firm, Norton Rose Fulbright - which gives a FSP of any size the assurance that they will remain compliant with ever-changing legislation, while simultaneously creating a seamless customer experience and reducing operational costs," says Ryan…

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Added by CFO South Africa on July 19, 2017 at 7:00 — No Comments

FinLeap FinTech incubator raises €39m

FinLeap, the startup platform behind Germany's solarisBank, has secured 39 million in equity capital to support its ongoing FinTech incubation programme. Next to the founding shareholder Berlin-based HitFox-Group, new institutional investors include the German…

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Added by CFO South Africa on July 18, 2017 at 8:00 — No Comments

FinTech unlikely to replace traditional sector – CFA report

The new FinTech 2017: China, Asia and Beyond Report, released by CFA argues that, while FinTech companies were usually strong at technology and applications, they are mostly inexperienced in financial sector operations and therefore unlikely to completely replace the more conventional sectors of the…

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Added by CFO South Africa on July 14, 2017 at 6:00 — No Comments

Vital for FinTechs to be aware of obligations in event of data breach – Webber Wentzel

The rise of the FinTech industry may herald a significant upheaval to the financial services industry, and significant opportunities (and risks) await those who wish to participate.

Novel data processing techniques are a key aspect of many FinTech businesses, and with such a rapid pace of innovation, there is a…

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Added by CFO South Africa on July 11, 2017 at 6:00 — No Comments

ThisIsMe sets Fica registration record

South African FinTech ThisIsMe has set a new African record for the Financial Intelligence Centre Amendment (Fica) process. The process used to take as long as two weeks, but can now be completed in as little as three minutes.

“ThisIsMe has set a new African record for the…

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Added by CFO South Africa on July 7, 2017 at 6:00 — No Comments

SA FinTech Peach Payments brings Alipay to Africa

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, and Alipay announced that they are launching Alipay in South Africa, via leading regional payment service provider (PSP) Peach Payments.

This latest news builds upon ACI’s…

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Added by CFO South Africa on July 4, 2017 at 8:00 — No Comments

Africa's first FinTech development platform launches

Koncart, a platform that empowers developers and techpreneurs to build their financially driven tech idea with ease, has recently been launched into the African FinTech sector. The platform enables startups to quickly create and manage virtual wallets and transactions with an in depth analysis to your data by…

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Added by CFO South Africa on June 30, 2017 at 6:00 — No Comments

Finance Indaba 2017: Intellection is the leader in procure to pay improvement

“First and foremost, we have one focus: delivering value with a long-term objective of providing the best service in our industry," says Christo Jacobs, director at Intellection, a gold partner at the …

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Added by CFO South Africa on June 29, 2017 at 8:00 — No Comments

Consumer uptake of FinTech services surges – EY

Consumer uptake of innovative FinTech products is set to be embraced by the mainstream as adoption levels surge among digitally-savvy consumers, according to a study by EY. The research, based on 22 000 online interviews with digitally active consumers across 20 markets, shows that the emerging…

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Added by CFO South Africa on June 28, 2017 at 6:00 — No Comments

TechPreneur Africa and Abu Dhabi sign FinTech agreement

TechPreneur Africa, which aims to support FinTech firms and entrepreneurs that want to increase financial inclusion and opportunities for growth across Africa, has signed a memorandum of agreement with international financial hub Abu Dhabi Global Market (ADGM).

African innovators and FinTech startups…

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Added by CFO South Africa on June 23, 2017 at 8:00 — No Comments

Six European cities attract 70% of all continental FinTech investments – report

Six European cities attract 70% of all investments in European private FinTech companies.

As cities around Europe compete to become the region’s most active FinTech hub, half a dozen are successfully establishing themselves as the main destinations for FinTech investments, according to research from FinTech…

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Added by CFO South Africa on June 20, 2017 at 8:00 — No Comments

Multiply Group delves into FinTech

Durban-based investment firm Multiply Group has acquired 35% of newly formed Crossfin Technology Holdings, part of the Capital Eye Investments’ portfolio, which owns stakes in several companies in the FinTech space.

Assets that have been grouped under Crossfin include WiGroup,…

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Added by CFO South Africa on June 16, 2017 at 6:00 — No Comments

Entersekt receives cash windfall

South African FinTech Entersekt has received a multi-million-dollar cash boost to fund its global expansion.

Rand Merchant Investment Holdings through AlphaCode, its innovation hub for FinTech entrepreneurs and Nedbank Private Equity (NPE), through its…

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Added by CFO South Africa on June 14, 2017 at 6:00 — No Comments

DocFox joins Finance Indaba 2017

DocFox has joined Finance Indaba 2017 as a gold partner and will make its debut at the event at the Sandton Convention Centre in October.

Do you want to know more about the latest and greatest in finance? Register to …

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Added by CFO South Africa on June 13, 2017 at 8:00 — No Comments

London remains global FinTech powerhouse

London remains the powerhouse of global FinTech, despite concerns over Brexit and the upcoming UK elections. Some 31 London-based FinTech firms are featured in the annual Fintech50 report, which lists the best startups in the space as decided by industry leaders including Microsoft and Samsung.…

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Added by CFO South Africa on June 9, 2017 at 8:00 — No Comments

Naspers pours $80m into Indian platform

Naspers, a global internet and entertainment group and one of the largest technology investors in the world, today announced that it led an $80 million Series E investment in India-based Swiggy, an online food ordering and delivery platform in India. Ashutosh…

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Added by CFO South Africa on June 6, 2017 at 8:00 — No Comments

Beware the FinTech hype – Accenture report

Did someone cancel the FinTech revolution or has it just been delayed? That's the question posed by a new report on the UK scene, which argues that new entrants have failed to lure customers from incumbents and that VC money has started to dry up. Over the last few years, the FinTech hype machine has been in…

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Added by CFO South Africa on June 2, 2017 at 7:02 — No Comments

Entersekt clinches second banking award

South African FinTech company, Entersekt has won the Judges' Choice: Best Technology Provider at the fourth Banker Africa East Africa Awards held recently at a gala dinner in Nairobi. In April, the firm won the award for Best Mobile Security Technology in the…

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Added by CFO South Africa on May 30, 2017 at 8:00 — No Comments

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