Nigeria's Wema Bank launches banking App for teenagers
The App provides essential tools for managing finances, including goal-setting, expense tracking, and budgeting.
Phathisani Moyo
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South Africa’s Discovery Bank to offer new home loan
The bank said its clients have R280 billion in existing home loan balances, which it is well-positioned to cater for.
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SA’s Capitec expands into Europe with Avafin deal
The transaction gives Capitec geographical diversification as Avafin provides online consumer loan products in Poland, Czechia, Latvia and Spain, as well as Mexico.
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10x Banking continues its expansion into Africa
Old Mutual is one of the growing number of big financial institutions working with 10x to develop new solutions that will drive financial inclusion.
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Capitec’s digital transactions balloon in six months
According to the bank, digital transaction volumes climbed by 21% in six months to 957 million, with the banking app accounting for 83% of these transactions.