A South African bank known for its innovative banking solutions and commitment to financial inclusion.
South African AI Research Platform Yazi Raises First Institutional Funding
Yazi raised its first institutional funding round from 3 Capital Ventures at a valuation of R30 million ($1.6 million). The funding will support product development, including automated voice interviews through WhatsApp.
South Africa’s Lesaka hits first profit since 2022 despite merchant slowdown
Lesaka Technologies reported a net profit of R61 million in Q2 2026, a significant improvement from a loss of R589 million a year earlier. Revenue from Lesaka's merchant unit fell by 13% year-on-year to R2.26 billion, despite an 8% growth in the merchant base.
Capitec Enhances Client Services with New In-App Calling Feature
Capitec implemented in-app calling through Amazon Connect. The project began as a security measure against phishing.
