A South African payments company that acquired Senegal's PayDunya to expand into Francophone West Africa.
South African Fintech Float Raises R46 Million to Propel Africa’s Financial Technology Leadership
Float raised R46 million ($2.6 million) in a funding round co-led by Invenfin and Saad Investment Holdings. The company has processed thousands of transactions monthly across over 2,000 partner stores.
World Wide Worx, Mastercard Report Predicts R130 Million Surge in SA’s E-Commerce Sector
Online retail in South Africa is expected to exceed R130 billion by the end of 2025. The sector grew by 35% in 2024, reaching R96 billion, representing 8% of total retail sales.
Binance Expands Crypto Payment Mainstream in Partnership with 2 Payment Platforms
Binance launches Binance Pay to facilitate crypto payments in South Africa. Online shopping in South Africa increased from 27% in 2020 to 38% in 2022.
Peach Payments Partners with MoneyBadger to Enable Crypto Payments in SA
68% of South Africans own or have bought Bitcoin, showcasing high adoption rates. Peach Payments partnered with MoneyBadger to enable merchants to accept Bitcoin payments.
African startups raised $1.2 billion in H1 2025 as funding rebounds
African startups raised $1.213 billion across 88 publicly disclosed deals in H1 2025, an 86% increase from H1 2024. Fintech regained dominance, raising $500.2 million, while cleantech raised $218.5 million in the same period.
