Pioneering Inclusive Digital Financial Services & Empowerment
Women’s Economic Empowerment by the Women’s World Bank Women’s World Banking’s (WWB) mission is to put women front and centre in designing and rolling out financial products, services and policies to drive women’s economic empowerment. By promoting the creation of products for women by women, WWB is ensuring that women can find greater freedom through inclusion in mainstream […]
Who’s leading the fintech pack in Africa?
The local fintech bubble may have burst, with valuations becoming much lower as investors look for profitability and maturity instead of growth prospects, but there is still a lot of capital available. And for those ahead of the curve, there’s no slowing down, says Clayton Hayward, CEO at Banking as a Service (BaaS) and embedded […]
From exclusion to inclusion: the embedded finance revolution
On a continent such as Africa, with a large, rural population which has historically been underserved in the provision of banking and financial services, it is no exaggeration to say that embedded finance is transforming lives. Embedded finance and new, digital banking platforms are providing millions of Africans with access to the global economy, resulting […]
Demystifying cryptocurrencies: A beginner’s guide to understanding the world of digital money
In today’s fast-paced digital world, we have seamlessly adapted to tapping our phones for payments, shopping online with rapid delivery, and using apps for tasks like exercise tracking, language learning and ordering dinner. But one aspect of this brave new world continues to confound us, and that is the mystifying realm of cryptocurrencies. We generally […]
Ukheshe and Komuniti SA collaborate to make digital banking services more accessible
African communities have historically found innovative ways of collaborating and combining individual financial resources for the good of the many. Stokvels and funeral savings are just two examples of community initiatives to which everyone contributes and from which everyone benefits. These and other savings and community wealth creation mechanisms are often entered into without proper […]
Revolutionising customer experiences with omnichannel payments
As confidence in online shopping and e-commerce sites grows, more and more companies with products and services that exist and are available ‘in real life’ are also adding online availability to their offering. This is an effort to attract more customers with a seamless, omnichannel approach to browsing and buying. Defining Omnichannel Payments: Beyond […]
Visas’ Kernel in the Cloud makes accepting card payments in Africa easier than ever
In recent years, the landscape of African payments has undergone significant transformation and the demand for digital payment solutions has increased significantly. In specific markets, contactless payments have swiftly become the preferred method of payment among banked customers, following the pandemic. Remarkably, this trend endures unchanged. Several new solutions such as Tap-on-glass made their local […]
So, what is Banking as a Service anyway?
A simple explainer to understanding the magic behind modern financial services. Few commercial sectors have undergone such a radical transformation in the digital era as banking and financial services. We’ve seen the advent of e-commerce, but shops still exist, in transport came e-hailing, but cars, buses and traditional taxis still exist, in the entertainment field, […]
How Ukheshe is elevating fintech through partnerships that drive innovation and growth
While it may seem noble to forge your own path, in the business world, statistics show that two heads are indeed better than one. Strategic partnerships are a catalyst for growth, and the tech world is no different: 95% of Microsoft’s commercial revenue comes through its partner ecosystem, for example, while a report in the […]
Exploring Fintech-as-a-Service and its impact on financial ecosystems
Few industries are evolving as rapidly as the financial services sector. Although traditional banks retain a fundamental role, their services are being eclipsed by innovative and disruptive fintechs developing new software, processes, interfaces and new products. Working together, fintechs, banks and other financial service providers (FSPs) are accelerating the speed of digital transformation in the […]
Bridging the funding gap for women-owned fintechs with Marina Dimova
There are many statistics that illustrate how far women have come in breaking through the upper echelons of the financial services sector, how much funding they have secured for their start-ups, and how much money their businesses generate or turn over. Taken in isolation some of these numbers are impressive, but taken in context, the […]
