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5 BNPL Myths the South African Market has Proven Wrong
41% of South African consumers have used Buy Now, Pay Later (BNPL) services in the past year. BNPL can operate as a budgeting tool, helping consumers manage cash flow without additional credit interest repayments.
African Fintech Duo Unveil ‘Fast Loan’ Platform for Instant Borrowing
Mukuru and JUMO launched 'Fast Loan', a mobile-first credit solution for South Africa. 16.8 million South Africans remain outside the formal credit system, lacking access to traditional financial services.
5 Strategies to Manage Debt and Interest Rates in 2025
39% of households expect to miss a bill or loan payment, indicating economic pressure. 31% of consumers are accelerating debt repayment to manage high-interest loans.
The Real Test for Mobile Finance in Africa
Africa's youth are influencing innovation in financial services through mobile technology. Nearly 30% of adults in developing economies remain unbanked, with financial exclusion affecting women and rural populations.
👨🏿🚀TechCabal Daily – Cyberterrorists demand $60 million ransom from South Africa
Google's AI service, Bard, can now watch YouTube videos and summarise them. N4ughtySecTU Group is demanding $60 million from TransUnion and Experian for a recent hack.
