Startups
Edit

Absa Group

Trusted
http://www.absa.africa
Last activity: 22.10.2026
Active
Categories: BankingDigitalTransformationFinancialServicesFinTechTechnology
A leading financial group that brings your possibility to life across the African content.
Website visits
317K /mo.
Mentions
82

Overview

Location
South Africa
Employees
10001+
Total raised
$50M
Founded date
1888

Investors 1

DateNameWebsite
Sign up to seeSign up to seeSign up to see

Funding Rounds 1

DateSeriesAmountInvestors
Sign up to seeSign up to seeSign up to seeSign up to see

Mentions in press and media 82

DateTitleDescription
Sign up to seeSign up to seeSign up to see
Oct 20, 2026Reserve Bank’s ATM plan meets a wall of polite silenceSouth Africa’s banks and cash companies say they are working with the Reserve Bank on its plan to white-label the country’s ATMs and bring privately run cash centres into a national utility owned by the central bank. Few will say what they ...
Oct 1, 2026Absa is moving cash out of its branchesAbsa is scaling back over-the-counter cash services in its South African branches. Teller cash will remain available only at “selected branches”, as the bank pushes routine transactions to ATMs, self-service devices and, in future, local bu...
Oct 1, 2026Absa and Thunes Deepen Alliance to Launch World-Class Cross-Border Payments Across AfricaStrategic collaboration expands across African markets to unlock seamless FX, scalable liquidity, and multi-rail cross-border clearing for Absa clients. JOHANNESBURG and SINGAPORE, Oct. 1, 2026 /PRNewswire/ -- Absa Group, one of Africa's la...
Sep 15, 2026What Revolut can and cannot take from South Africa’s banksRevolut’s application for a South African banking licence is progressing, and the company is still targeting a 2028 launch. That is a long wait in a market that keeps moving. By 2028 the app-quality gap Revolut exploits elsewhere will have ...
Aug 18, 2026Absa writes off another R200-million in softwareAbsa Group chief information and technology officer Johnson Idesoh Absa Group has impaired a further R200-million in software assets in the six months to 30 June 2026, five months after a R2.4-billion write-down that the bank blamed on a st...
Aug 4, 2026Mintoak acquires Dubai-based ICC Loyalty to expand banking engagement platformMintoak, a provider of payments and engagement technology for banks, has acquired Dubai-based ICC Loyalty, expanding its presence across the Middle East, Africa, Eastern Europe and Asia. Advertisment The deal adds customer engagement, loyal...
Jul 31, 2026East Africa: Ex-Airtel Money Kenya CEO Anne Kinuthia-Otieno Named Visa East Africa HeadNairobi — Visa has appointed former Airtel Money Kenya Managing Director Anne Kinuthia Otieno as its new Vice President and Head of East Africa, effective August 4, 2026. Based in Nairobi, Kinuthia Otieno will oversee Visa's operations acro...
Jul 22, 2026Thunes Named a 2026 World's Top FinTech Company by CNBC and StatistaFor the second year running, cross-border payments leader Thunes, named on the prestigious list SINGAPORE, July 22, 2026 /PRNewswire/ -- Thunes, the Smart Superhighway to move money around the world, has been named one of CNBC and Statista ...
May 28, 2026Meet the CIO | Absa CITO Johnson Idesoh on AI, cyber and the future of bankingAbsa Group CITO Johnson Idesoh Johnson Idesoh, group chief information and technology officer at Absa, says AI in all its forms – generative, agentic and the AI now being wielded by cybercriminals – is the single biggest topic on his desk, ...
Show more

Reviews 0

Sign up to leave a review

Sign up Log In

FAQ about Absa Group

When was Absa Group founded?

Absa Group was founded in 1888.

How much funding has Absa Group raised?

Absa Group has raised $50M in total across 1 funding round.

What has the press written about Absa Group?

Parsers VC has collected 82 articles mentioning Absa Group, among them “Reserve Bank’s ATM plan meets a wall of polite silence” (Oct 20, 2026) and “Absa is moving cash out of its branches” (Oct 1, 2026).

Is Absa Group still active?

Yes, Absa Group is active; its latest activity on Parsers VC dates from Oct 22, 2026.