Africa: Paymenow Gets .5m Facility From Standard Bank for Africa Expansion

Africa: Paymenow Gets $22.5m Facility From Standard Bank for Africa Expansion

TLDR South African earned wage access startup Paymenow has clinched a ZAR400 million ($22.5 million) working capital facility from Standard Bank Founded in 2019, Paymenow provides employees with real-time access to earned wages, helping them avoid payday lenders and improve their financial wellness The Stellenbosch-based startup previously raised a ZAR250 million ($14 million) debt facility…

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J2 Software eyes international expansion

J2 Software eyes international expansion

John Mc Loughlin, group CEO and sales director at J2. South African cyber security firm J2 Software, with existing UK offices, is set to expand its footprint in the UK, Europe and Australia. John Mc Loughlin, group CEO and sales director at J2, made the announcement at the company’s office launch at its Johannesburg headquarters…

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Crypto exchange Afridax taps Zulu in expansion drive

Crypto exchange Afridax taps Zulu in expansion drive

Frank Leonette, founder of Afridax. Newly-launched South African crypto-currency exchange Afridax has added Zulu language on the platform in a bid to attract more local users. The exchange has also set its sights on introducing more vernacular languages on the platform in the near future. Founded by crypto veteran Frank Leonette, Afridax is looking to…

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