A Dubai-based fintech company specializing in AI-driven credit assessments and microloans for underbanked customers.
JSE wants to turn 10 South African tech SMEs into investor-ready businesses
The JSE and TIA launched a 16-week pilot program on September 30 to support 10 South African tech SMEs. The initiative aims to help SMEs in health, agriculture, and fintech sectors become investment-ready.
South African VC exits show early signs of a maturing venture capital ecosystem
The SA SME Fund and Endeavor South Africa report that South African venture-backed scale-ups are generating successful exits. The broader analysis found that realised cash returns from South African venture capital exceeded invested capital, with returns ranging from 2.01x to 2.45x.
Two telcos, $1-trillion and two very different fintech bets
MTN Group and Vodacom Group processed just over $1 trillion in mobile money transactions. Vodacom's financial services revenue increased by 19.6% to R16.8 billion for the year ending March 2026.
Standard Bank Anchors $330 Million Refinancing for Optasia as Africa’s Banks Line Up Behind the JSE-Listed AI Fintech
Optasia closed a $330 million syndicated financing facility to refinance existing debt and support future growth. The financing facility includes a $180 million term loan and a $150 million working capital facility.
What’s next for African fintech? 5 fintech leaders share their expectations for 2026
Moniepoint closed its Series C round, securing fresh capital for growth and market expansion. A fintech passporting agreement between Ghana and Rwanda was established, promoting cross-border collaboration.
