BlockchainSouth Africa’s Central Bank “Approves” an Ethereum-Based Blockchain Payments Trial The results from Project Khokha of South Africa’s central bank has been a success. The project’s proof-of-concept trial to replicate interbank payments and settlements on an Ethereum-based platform has been approved as a success. From the report published by South Africa Reserve Bank (SARB) on a trial of the blockchain-based wholesale payment system (which lasted for nearly 3 months) has …Read More
FintechSafaricom Enables Paypal Withdrawal via Mpesa Safaricom seems to be going hard into the money business after announcing its partnership with PayPal and TransferTo. The integration will allow M-Pesa users to receive and Deposit money to and through PayPal The service is set to compete with Equity’s service through PayPal which have been available in Kenya for quite some time. The transaction between PayPal and M-Pesa is …Read More
FintechApplications open for Fintech Africa 2018 Village Capital has Partnered with Paypal to bring you the 2018 Fintech Africa, a collaboration that is seeking for startups in Kenya, Nigeria, South Africa, Ghana, Uganda, Rwanda, and Tanzania that: Address financial health concerns including insurtech, pensions and savings, cooperative finance, and financial literacy; Leverage data for alternative means of credit scoring, identity verification and protection, and consumer insights; Integrate financial …Read More
FintechAbacus – Building the first Africa’s Roboadvisory Investment Service Launched in 2014 by Joel Macharia, Kevin Omwega, Abacus provides real-time data on equity, debt and derivative securities from the Nairobi Securities Exchange. This data is coupled with highly contextualised news, company reports, analytics tools, and data science tools for algorithm development. Abacus is covering learning, deciding, investing managing beating down all of its competitors in the Market. With 10k users and 8 different …Read More
FintechSA fintech Sureswipe and Traderoot partner to further disrupt payment space Two of South Africa’s first financial technology companies have announced a strategic business relationship that is set to change the fintech payment space. Traderoot and Sureswipe have made available a quick, comprehensive and PCI compliant payment platform that reverses the relationship SMEs and merchants have with traditional financial institutions and places control of business processes in their own hands. Sureswipe’s …Read More
