Upstarts South Africa Is Becoming Africa's Fintech Hub. As South Africa is already the financial hub of Africa and has a vibrant tech sector, it is a logical progression for the nation to also develop into Africa's leading centre for fintech.
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However, a fintech business may have to register as an accountable institution under the Financial Intelligence Centre Act 2001, South Africa's chief anti-money laundering (AML) legislation.
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Oct 03, 2018· South African fintech startup Jumo raised a $52 million round (led by Goldman Sachs) to bring its fintech services to Asia. The company—that offers loans to the unbanked in Africa…
The unstoppable rise of fintech in Africa 0. By Guest Post on May 20, 2016 East Africa, Features, ... Here she writes of Africa's fintech success stories and the failure of M-Pesa in South Africa. Fintech is disrupting the way ordinary Africans manage and use money. And these fintech players are standing up to traditional institutions as a ...
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Fintech has arrived and it's changing the South African economy By Glen Jordan on 20 May, 2016 The unemployment rate in South Africa is at an 11-year high, with …
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