Online trading in South Africa has entered a new phase of maturity. Over the past decade, retail participation has surged, driven by greater access to financial education, improved connectivity and a growing appetite for global markets. South Africans are no longer passive observers of international financial trends. They are active participants, seeking platforms that offer…
Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024. Smith Collection/ gado | Archive Photos | Getty Images Clear Street, the prime brokerage startup that recently shelved plans for its own IPO, is now aiming to give investors access to some of Silicon Valley’s hottest private companies before they…
Mobix Labs, Inc. (Nasdaq: MOBX) today announced that it has signed a definitive agreement to acquire Vision Aerial, Inc., a U.S.-based designer and manufacturer of American-built, National Defense Authorization Act (NDAA)-compliant unmanned aerial systems. The definitive agreement moves the transaction beyond the previously announced letter of intent and represents a major step toward closing an…
In order to afford a last-minute ticket to the World Cup final at New York New Jersey Stadium — widely billed as the single most expensive sporting event ever played in the United States — you might have to be a millionaire, as the cost for a coveted seat at the venue crossed the $2m…
An upgraded SAPO point-of-sale device. (Image: Supplied) The South African Post Office (SAPO) has upgraded its point-of-sale (POS) platform across 610 priority branches nationwide. This, it says, is part of its branch network modernisation programme aimed at strengthening payment security, improving system reliability and bringing SAPO’s payment infrastructure in line with current industry standards. The…
CONIX.AI received backing from LAB7, Saudi Aramco’s venture-building arm, to add automated building-code checks to its architecture and permitting software. The partnership will integrate LAB7’s B2Code engine into E-Comply, CONIX.AI’s regulatory compliance platform. The combined system will review floor plans against national building codes and local municipal rules, helping architects, developers and government agencies identify…
Many contact centres are moving to cloud-based solutions and opex models. (Image source: 123RF) South Africa’s contact centre industry is growing fast, and BPO services are looking to agile, reliable cloud platforms to help them scale up. So says Nazeer Adam, founder and CEO of wholesale telecoms provider iMobility, whose unified multi-tenant, redundant and extremely…
Stabyl raised $2.7 million in pre-seed funding to build a foreign-exchange liquidity platform for financial institutions and payment service providers in Africa. The round was led by Konga, which will also serve as Stabyl’s first real-world test case and naira settlement partner through KongaPay. The startup was founded by Prince Nnamdi Ekeh, Zachary Schwartzman and…
Knowlix AI launched an AI-powered business platform for small companies across 29 African countries and other global markets. The Munich-based startup said the platform helps businesses manage customer relationships, invoicing, inventory, projects and other back-office tasks. It is launching with support for African markets including Nigeria, Rwanda, Senegal, South Africa, Kenya, Uganda, Tanzania, Zambia and…
The Superintendence of Telecommunications (SUTEL) is advancing the modernization of Costa Rica’s Mobile Prepaid Registration System through the implementation of a new technological platform provided by Tecnotree designed to strengthen user identification processes, enhance regulatory compliance, and improve the overall customer experience. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260625307287/en/ This initiative…
