A South African payments company that acquired Senegal's PayDunya to expand into Francophone West Africa.
Digital Payments Platform Unveils its 2025 Black Friday/Cyber Monday Results
Peach Payments processed over 2.69 million transactions worth more than R1.86 billion during the Black Friday weekend. The retail industry grew its share of online sales by 154% compared to the previous year.
4 Black Friday Payment Realities for Merchants
The South African online retail market is expected to surpass R130 billion this year. Online retail is growing at a rate of over 35% in 2024, significantly outpacing physical retail.
South African Fintech Float Raises R46 Million to Propel Africa’s Financial Technology Leadership
Float raised R46 million ($2.6 million) in a funding round co-led by Invenfin and Saad Investment Holdings. The company has processed thousands of transactions monthly across over 2,000 partner stores.
World Wide Worx, Mastercard Report Predicts R130 Million Surge in SA’s E-Commerce Sector
Online retail in South Africa is expected to exceed R130 billion by the end of 2025. The sector grew by 35% in 2024, reaching R96 billion, representing 8% of total retail sales.
Binance Expands Crypto Payment Mainstream in Partnership with 2 Payment Platforms
Binance launches Binance Pay to facilitate crypto payments in South Africa. Online shopping in South Africa increased from 27% in 2020 to 38% in 2022.
