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Fintech Africa

Fintech is turning traditional banking on its head and is disrupting the way ordinary Africans manage their money. Digital innovation can lead to lower operational costs from automation, digitisation and transaction migration.

FinTech is Fast-tracking the Positive & Profitable Transformation of Banking & Financial Services in Africa

The impact of Blockchain, Open Banking, Mobile Money and Payment innovations are radically transforming the financial services landscape as FinTech disruptors intensify the challenge to incumbent banks and kickstart new opportunities in Kenya Nairobi, Kenya: Africa’s financial sector is in the midst of an exciting and profound transformation. The rapid …

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UK tech to boost Zimbabwean economy

To support the rebuilding of the Zimbabwean economy, Manchester-based consumer technology and security company, VST Enterprises, is working with the nation’s authorities and other international partners to develop innovative new uses for its cutting-edge authentication technology, VCode®. VCode® is a scannable technology that allows users to securely access personalised information no …

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Arise Joins Collaborative African Fintech Initiative “FinForward”

As part of its goal to promote financial inclusion on the African continent, Arise has partnered with FMO, the Dutch Development Bank and Above and Beyond Tech (a&b), a global technology company based in the U.S, on an exciting collaborative fintech initiative, FinForward. Arise is an African investment company that …

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Huawei partners with Xpress Money to grow Mobile Money footprint in Africa

Xpress Money, specialising in money transfers, has joined forces with ICT Company Huawei to drive mobile money services to more of the worlds unbanked, especially in Africa. The partnership will give the remittance firm access to Huawei’s mobile money service platform, which has over 100 million mobile money accounts globally. …

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Ferratum Group to partner with Thomas Cook Money

Ferratum is partnering with Thomas Cook Money, the newly launched financial services division of Thomas Cook Group plc, to introduce its first Banking-as-a-Service (“BaaS”) venture. Ferratum will provide Thomas Cook Money with a fully functional and regulated mobile consumer finance offering powered by Ferratum’s highly successful and innovative mobile banking …

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DHL to partner with Africa’s largest e-commerce and fintech event

DHL Express Sub-Saharan Africa (SSA) has announced that the company has signed on as title sponsor for the 2018 DHL eCommerce MoneyAfrica Conference & Exhibition (Confex), which will be hosted at the new East Wing of the Cape Town International Convention Center on the 14th and 15th of March 2018. The DHL …

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Industry experts predict that Blockchain will drive a wedge through insurance intermediation

Hosted by Elmore Insurance Brokers in their Lime Street offices last week, a select group of senior insurance experts attended an exclusive roundtable event to debate the issues of Blockchain and its impact on insurance intermediation. Participants represented the views of buyers, Blockchain start-ups, intermediaries and capital providers – sharing …

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2018 will be a true roller coaster ride compared to an outrageously placid 2017

Saxo Bank, the online multi-asset trading and investment specialist, has released its 10 ‘Outrageous Predictions’ for 2018. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, could send shockwaves across financial markets. While these predictions do not constitute Saxo’s official market forecasts for …

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Fincluders Bootcamp 2017 — EFSE and SANAD Support Access to Finance for All

The Fincluders Bootcamp 2017 was successfully finalized on November 2nd after two weeks of intensive work, passionate discussions, and business meetings. The investment readiness and coaching program for financial technology startups held in Luxembourg and Frankfurt am Main, Germany, aimed at nurturing innovative young financial technology companies with ideas for …

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Microsoft & Ovamba Partner To Innovate Natural Language Solutions For African SMEs

London, UK – Ovamba Solutions, Inc. and Microsoft have partnered to develop and produce the first African language driven “chat-bot” designed to serve the millions of African SMEs who face exclusion from Financial Services due to the challenges of functional and business literacy.  The Chat-Bot was conceived, designed and created …

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