A major South African bank focused on providing a wide range of financial services, including personal and business banking.
South African Agritech Startup SwiftVEE Secures $10.1M Series A to Expand into Fintech and Insurance
SwiftVEE secured R173m ($10.1m) in a Series A funding round. The funding round was led by African venture capital firm HAVAÍC and private equity firm Exeo Capital.
Street Wallet joins South Africa’s fintech consolidation wave with Digitip acquisiton
Street Wallet has acquired Digitip, a startup enabling digital tipping for informal workers. The acquisition strengthens Street Wallet's presence in KwaZulu-Natal and Cape Town.
Africa’s VC Rebound: $2B+ Funding in First 8 Months of 2025
Disclosed venture funding in Africa topped $2 billion through August, already double last year's pace for the same period. The median deal size has returned to 2022 bubble levels, with over five companies securing rounds of $100 million or more.
South African fintech iKhokha “to run as per normal” after Nedbank’s $93 million acquisition, says CEO
Nedbank agrees to acquire iKhokha for R1.65 billion, marking a significant merger between a traditional bank and a fintech startup. iKhokha will continue to operate independently under its brand, ensuring no disruption to its existing services for SMEs.
Nedbank Buys iKhokha for R1.65B to Boost SME Push
Nedbank acquired iKhokha for R1.65 billion in an all-cash deal. The acquisition is aimed at empowering the SME market.
