South Africa Leads Crypto Regulation with New CASP Licenses
The CASP licensing process began in June 2023, with applications due by November 30, 2023. As of December 2025, 512 applications were submitted, with 300 approved and 81 investigations into unlicensed activities launched.
Capitec Acquires South African Fintech Walletdoc for $23.5 Million
Capitec Bank acquires Walletdoc for R400 million ($23.5 million). The deal includes R300 million in cash upfront and R100 million in performance-based earn-outs.
Absa Renews Strategic Collaboration with Visa to Accelerate Digital Transformation
Absa and Visa formalized their renewed partnership at a signing ceremony in Johannesburg. The partnership aims to accelerate the development of inclusive and secure financial payment ecosystems.
FINASA Partners with Digital Finance Africa 2025 to Champion Fintech Growth Across South Africa
IT News Africa announces a strategic partnership with FINASA for Digital Finance Africa 2025. The summit will take place on July 3, 2025, at The Maslow Hotel in Johannesburg.
In a sparse fintech landscape, two new startups prepare to make their mark in Botswana
N2 Pay is developing a digital wallet aimed at bridging the gap between banked and unbanked populations in Botswana. N2 Pay has secured partnerships with Visa and Absa and is in talks with mobile operators for integration.
