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South African Startup Neonomad to Launch Rand-Backed Stablecoin
24.7.2024
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...
South African Fintech Startup Ukheshe Acquires 100% Stake in EFT Corporation
21.1.2024
South African fintech startup Ukheshe recently announced that it has acquired a 100% stake in EFT Corporation, an Africa-focused payment services provider. According to the startup, the acquisition takes Ukheshe closer to its stated goal of attaining a larger footprint in Africa and beyond. Access...
Africa’s Biggest Bank Standard Bank Signs Fintech Deal to Target Small Shops
27.8.2019
Over the past half a decade or so, the Fintech Industry has grown at a remarkably high pace, and now it is rapidly growing in almost all continents. Africa may have been late to get into this revolution, but now a range of Fintech firms have come about that provide a wide range of services...