South Africa

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South African fintech Lulalend looks to scale business with $35m raise

Satarupa Bhowmik

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BNP Paribas initiates sale of South African consumer finance unit

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Barclays divests remaining stake in Absa to exit Africa

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African Bank to buy majority of Ubank’s assets and liabilities

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South Africa places Ubank under administration

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South Africa’s Capitec Bank taps nCino to digitise banking operations

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Barclays offloads stake worth $687m in Absa Group

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Barko plans to launch digital bank in South Africa

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South Africa’s Nedbank uses KAI to launch intelligent digital assistant

Aninda Chakraborty

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Digital-only Bank Zero opens in South Africa

VerdictStaff

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South Africa’s Standard Bank to publish climate strategy

Aninda Chakraborty

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Access Bank secures regulatory green light to acquire Grobank

Aninda Chakraborty

Deals

TymeBank raises $110m funding; to seek digital banking licence in Philippines

Verdict Staff Writer

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New fintech Spot Money officially launches in South Africa

Verdict Staff Writer

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Covid-19: Standard Bank extends instalment relief to personal accounts

Zubin Mehta

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South African digital challenger Bank Zero to launch in mid-2020

Satarupa Bhowmik

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South Africa’s Bank Zero goes live with debit card

Tirumalaraju Naga Divya

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Capitec Bank secures approval for Mercantile Bank acquisition

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South African fintech Nomanini raises $4m in new funding round

Aninda Chakraborty

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South Africa’s Barko Financial selects Temenos as technology partner

Aninda Chakraborty

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Virgin Money South Africa mulls fintech app upgrade

Satarupa Bhowmik

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Standard Bank taps Motive Partners to accelerate innovation

Satarupa Bhowmik

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Standard Bank taps Moody’s Analytics to streamline credit processes

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AWS to power cloud migration for Standard Bank Group

Satarupa Bhowmik

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Sasfin, Hello Paisa partner to offer banking services in South Africa

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Digital player TymeBank set to launch by the end of February

patrickbrusnahan

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South Africa’s Jumo raises $12.5m to support expansion plans

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Actis to divest Compuscan to Experian for $260m

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Standard Bank layoffs to affect over 500 staff

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HSBC fined in South Africa for inadequate AML controls

Satarupa Bhowmik

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African Rainbow Capital secures regulatory nod to buy TymeDigital

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Digital lender Bank Zero begins trial phase

Satarupa Bhowmik

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South African fintech Jumo raises $52m in new funding round

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Barclays Africa to cut half of retail-banking jobs

bkumar1

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South African Reserve Bank fines two banks

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Shoprite introduces mobile banking service in South Africa

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FNB enables customers to open accounts with selfies

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FNB rolls out biometric ATMs in South Africa

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