The effect of taxation policies on mobile money

The effect of taxation policies on mobile money

Mobile money services have emerged as a transformative solution for financial inclusion in many countries, including South Africa. According to the World Bank, over 1.4 billion people worldwide have limited or no access to traditional financial services. Mobile money...
Shared payment streams the future of fintech in Africa

Shared payment streams the future of fintech in Africa

Analysts are predicting significant growth for Africa’s fintech industry in coming years, with fintech service providers (fintechs) disrupting traditional financial services and unlocking the potential of shared payment streams. These are intermediary platforms...
African banks looking for share of mobile money sector

African banks looking for share of mobile money sector

Africa’s mobile money sector has taken a chunk of the financial services market by keeping underbanked and unbanked citizens within reach of payments and income. As a result, African banks are now starting to offer their own versions of mobile money services in order...
MTN expanding its fintech services

MTN expanding its fintech services

MTN Group has plans to grow its current fintech services into a standalone entity to offer various financial services to customers across Africa. The company already offers a mobile money service called MoMo in nineteen countries in Africa, but its latest plan is to...
Money lending: The next step for fintech in SA

Money lending: The next step for fintech in SA

With the growth in mobile money services, particularly those involved in money lending, telcos need a trusted fintech partner. Through business-to-business (B2B) partnerships, fintech service providers, such as the 4C Group, enable telcos to expand their portfolios...