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| Feb 20, 2025 | The Future of Payments: VezoPay's Smart Ring Revolution | In a world where convenience reigns supreme, VezoPay is stepping into the spotlight. This South African company is not just selling a product; it’s crafting a lifestyle. Imagine a ring that allows you to pay with a simple tap. No wallet, no... |
| Feb 18, 2025 | PayFast founder invests in South African smart-ring maker VezoPay | VezoPay, the South African company that has developed smart rings for tap-and-go payments, has a new investor: PayFast founder Jonathan Smit.
The company, which was founded by Jake Pinkus and Lawrence Baker, recently launched a series of So... |
| Jan 29, 2025 | Casinoble South Africa Highlights Instant EFT as the Best Payment Method for Online Casino Players | Casinoble South Africa Highlights Instant EFT as the Best Payment Method for Online Casino Players
Wed, Jan 29, 2025 16:08 CET Report this content
Cape Town, South Africa – January 29, 2025:
South African online casino players are increasin... |
| Apr 14, 2022 | PC maker Asus opens full-service online store in SA | Taiwanese multinational PC maker Asus has unveiled its e-commerce store in SA, following a month-long trial period.
The company, which has been operating in SA since 2012, says the online store gives local consumers access to its products, ... |
| Apr 5, 2022 | xneelo, Heavy Chef bring you the E-Commerce Marketing Guide | South African e-commerce sales grew by 66% between 2019 and 2020 to more than R30 billion. Taking this into consideration, having an e-commerce business makes good business sense in the current economic climate. xneelo partnered with Heavy ... |
| Feb 9, 2022 | Register now for the Future Females Future of Digital Entrepreneurship Summit | With 33 percent of today’s women in tech considering switching careers because of the men who are dominating the industry, this online summit will be a game-changing event for global female entrepreneurs wanting to access, learn about, and ... |
| Feb 9, 2022 | Register now for the Future Females Future of Digital Entrepreneurship Summit | With 33 percent of today’s women in tech considering switching careers because of the men who are dominating the industry, this online summit will be a game-changing event for global female entrepreneurs wanting to access, learn about, and ... |
| Dec 1, 2021 | Women are shaking up the e-commerce industry in South Africa | Image credit: [SrdjanPav]/[E+]/GettyImages
The Heavy Chef E-commerce Entrepreneur Education Report reveals the growth of e-commerce in South Africa has been accelerated by five years since the COVID-19 pandemic began. Interestingly, it is w... |
| Nov 18, 2021 | Online masterclass on offer to help SMEs grow e-business | Mastercard has joined forces with online payment gateway PayFast, to host a free virtual masterclass for local SMEs looking to start or grow a business online.
Titled the “Empowering Every Business SME Masterclass”, it takes place on 23 Nov... |
| Nov 12, 2021 | Lockdown online shopping habits are here to stay | The habits picked up by consumers during the COVID-19 pandemic, including online purchases and contactless payments, will stay for the long-term.
This is according to Colleen Harrison, head of marketing at PayFast, remarking on the second a... |
| Jul 4, 2021 | From Krugerrands to Ferraris, skateboards - you'd be surprised what you can buy with bitcoin in SA now | Getty Images.
The Bitcoin price has been on a roller-coaster ride since last year when the global Covid-19 pandemic struck, with prices reaching 2017 levels when it last peaked.
For those looking to spend their newfound wealth there are som... |
| Jun 22, 2021 | When – and how – to pivot your business model | We asked Heavy Chef’s Fred Roed to explain when – and how – to pivot your business model. Here’s what he had to say:
Anyone who knows me, or read some of my writing, will know I’m a huge fan of Jim Collins. I’ve read Good To Great several t... |
| May 8, 2021 | Nigeria’s Paystack launches in South Africa – and is charging 2.9% plus R1.00 per transaction | Paystack
Paystack processes more than half of all online payments made in Nigeria and has now officially launched in South Africa.
This comes after an acquisition deal in October 2020 which was reportedly worth $200 million (R2.8 billion).
... |
| May 4, 2021 | SA fintech to host free eCommerce Virtual Summit | Cape Town-based online payment processing service PayFast in partnership with Insaka eCommerce Academy will be hosting a free eCommerce Virtual Summit this month. The event aims to unpack how local entrepreneurs can leverage off the stark i... |
| May 4, 2021 | SA fintech to host free eCommerce Virtual Summit | Cape Town-based online payment processing service PayFast in partnership with Insaka eCommerce Academy will be hosting a free eCommerce Virtual Summit this month. The event aims to unpack how local entrepreneurs can leverage off the stark i... |
| Mar 18, 2021 | PayFast reports 412% increase in QR code payments | Cape Town-based online payment processing service PayFast has reported an increase of 412% in transactions made via Masterpass between March 2020 to February 2021. This is a clear indication of the impacts of the pandemic on the eCommerce s... |
| Mar 18, 2021 | PayFast reports 412% increase in QR code payments | Cape Town-based online payment processing service PayFast has reported an increase of 412% in transactions made via Masterpass between March 2020 to February 2021. This is a clear indication of the impacts of the pandemic on the eCommerce s... |
| Dec 1, 2020 | E-commerce skyrockets, physical retail plummets during Black Friday | South Africa’s e-commerce sector reported a dramatic uptick in sales during the Black Friday weekend, while brick-and-mortar sales plummeted, as shoppers avoided malls due to COVID-19 fears.
While consumer sentiment and spending patterns co... |
| Dec 1, 2020 | Black Friday 2020 breaks eCommerce record | According to online payment processing service, PayFast, Black Friday accelerated online transactions by 50% compared to 2019.
PayFast announced a 283% increase in total payment volumes on this years’ Black Friday which surpasses high payme... |
| Dec 1, 2020 | Black Friday 2020 breaks eCommerce record | According to online payment processing service, PayFast, Black Friday accelerated online transactions by 50% compared to 2019.
PayFast announced a 283% increase in total payment volumes on this years’ Black Friday which surpasses high paym... |
| Aug 3, 2020 | New early-stage Venture Capital Fund to back cohort companies launches | South African based business accelerator, Grindstone has launched a new Venture Capital Fund, Grindstone Ventures, dedicated to providing early-stage equity funding to its cohorts of companies and alumni.
Grindstone Accelerator is a structu... |
| Aug 3, 2020 | Grindstone Accelerator Launches Early-Stage VC Fund | wp_booster error:
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| Aug 3, 2020 | New early-stage Venture Capital Fund to back cohort companies launches | South African based business accelerator, Grindstone has launched a new Venture Capital Fund, Grindstone Ventures, dedicated to providing early-stage equity funding to its cohorts of companies and alumni.
Grindstone Accelerator is a struct... |
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| Jun 26, 2020 | Covid-19 and African tech startups roundup [26/06/2020] | Telkom Business has launched Yep!, a digital marketplace app where customers can search and purchase from small businesses.
This, while new statistics from fintech Payfast show that the number of Generation Z, or users aged 18 to 24, using... |
| Jun 26, 2020 | Covid-19 and African tech startups roundup [26/06/2020] | Telkom Business has launched Yep!, a digital marketplace app where customers can search and purchase from small businesses.
This, while new statistics from fintech Payfast show that the number of Generation Z, or users aged 18 to 24, using ... |
| Apr 22, 2020 | Covid-19 and African tech startups roundup [22/04/2020] | SA insurtech Yalu has reported a jump in retrenchment benefit queries as the Covid-19 pandemic begins to bite. The finding is in step with a new Statistics SA survey which found that one in five SA businesses have laid off staff.
This, as ... |
| Apr 22, 2020 | Covid-19 and African tech startups roundup [22/04/2020] | SA insurtech Yalu has reported a jump in retrenchment benefit queries as the Covid-19 pandemic begins to bite. The finding is in step with a new Statistics SA survey which found that one in five SA businesses have laid off staff.
This, as i... |
| Dec 30, 2019 | 10 ways Africa’s fintech sector boomed in 2019 | Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in 25 deals (in disclosed deals).
Fintech deals accounted for about 18% of the almost $290-mil... |
| Dec 30, 2019 | 10 ways Africa’s fintech sector boomed in 2019 | Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in 25 deals (in disclosed deals).
Fintech deals accounted for about 18% of the almost $290-mi... |
| Dec 27, 2019 | Are these the biggest SA tech acquisitions of 2019? | This year saw some pretty big acquisitions in the tech sector.
Most notable were Kenyan company DPO’s acquisition of Cape Town based fintech PayFast and Vodacom’s acquisition of 51% of Pretoria based Internet of Things (IoT) startup up IoT.... |
| Dec 27, 2019 | Are these the biggest SA tech acquisitions of 2019? | This year saw some pretty big acquisitions in the tech sector.
Most notable were Kenyan company DPO’s acquisition of Cape Town based fintech PayFast and Vodacom’s acquisition of 51% of Pretoria based Internet of Things (IoT) startup up IoT... |
| Dec 9, 2019 | The tech sector in SA is still a hot place to be [Opinion] | South Africa’s economic outlook may be gloomy, with annual growth forecast to barely past 1.5% over the next three years, but things are still hot in SA’s tech startup sector — so hot you’ll need a pair of shades when talking about it.
Away... |
| Dec 9, 2019 | The tech sector in SA is still a hot place to be [Opinion] | South Africa’s economic outlook may be gloomy, with annual growth forecast to barely past 1.5% over the next three years, but things are still hot in SA’s tech startup sector — so hot you’ll need a pair of shades when talking about it.
Awa... |
| Aug 30, 2019 | Grindstone Accelerator helps firms in fourth cohort grow revenue by 36%, add 32 jobs | Business has taken off for Ryno Goosen and his geospatial data analytics company Locstat Systems, after he and his co-founders got valuable sales and marketing assistance from the Grindstone Accelerator.
Locstat is now looking to take on t... |
| Aug 30, 2019 | Grindstone Accelerator helps firms in fourth cohort grow revenue by 36%, add 32 jobs | Business has taken off for Ryno Goosen and his geospatial data analytics company Locstat Systems, after he and his co-founders got valuable sales and marketing assistance from the Grindstone Accelerator.
Locstat is now looking to take on th... |
| Jul 30, 2019 | African Payment Service Provider DPO Acquires South African Fintech PayFast | Share this:
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| Jul 30, 2019 | DPO acquires SA’s PayFast in reported multi-million rand deal | Nairobi-based payment services provider the DPO Group has acquired SA payments processing service PayFast in a reported multi-million rand deal.
DPO Group announced the acquisition, the fifth company the group has acquired since its incepti... |
| Jul 30, 2019 | DPO acquires SA’s PayFast in reported multi-million rand deal | Nairobi-based payment services provider the DPO Group has acquired SA payments processing service PayFast in a reported multi-million rand deal.
DPO Group announced the acquisition, the fifth company the group has acquired since its incept... |
| Jul 3, 2019 | LulaLend looking to access R500m in debt funding following latest raise [Q&A] | SA fintech startup Lulalend has had access to over R150-million in debt funding since launching in 2014 and is on track to access another R500-million off the back of the startup’s latest equity raise of $6.5-million (R92-million), announce... |
| Jul 3, 2019 | LulaLend looking to access R500m in debt funding following latest raise [Q&A] | SA fintech startup Lulalend has had access to over R150-million in debt funding since launching in 2014 and is on track to access another R500-million off the back of the startup’s latest equity raise of $6.5-million (R92-million), announce... |
| Mar 25, 2019 | Grindstone Accelerator launches call to startups for first Gauteng cohort [Updated] | Venture capital (VC) company Knife Capital has joined forces with the SA SME Fund and Deloitte to launch the next iteration of its Grindstone Accelerator programme in Johannesburg.
Grindstone, which is jointly owned by Knife Capital and Th... |
| Mar 25, 2019 | Grindstone Accelerator launches call to startups for first Gauteng cohort [Updated] | Venture capital (VC) company Knife Capital has joined forces with the SA SME Fund and Deloitte to launch the next iteration of its Grindstone Accelerator programme in Johannesburg.
Grindstone, which is jointly owned by Knife Capital and Thi... |
| Oct 16, 2018 | Seedstars announces 10 startups for Cape Town final | Share this:
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| Jul 30, 2018 | Hitting the high road – what it takes to join Grindstone accelerator [Q&A] | What do you perceive as success? Is owning a lifestyle business sufficient for you? Are you prepared to make changes to your business?
These are some key questions that tech entrepreneurs looking to sign up to the Grindstone Accelerator pro... |
| Jul 30, 2018 | Hitting the high road – what it takes to join Grindstone accelerator [Q&A] | What do you perceive as success? Is owning a lifestyle business sufficient for you? Are you prepared to make changes to your business?
These are some key questions that tech entrepreneurs looking to sign up to the Grindstone Accelerator pr... |
| Jul 31, 2017 | SA’s Top 10 FinTech Firms to Keep an Eye on | wp_booster error:
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| Jul 18, 2017 | SA’s PayFast Celebrates a Decade in Business With 80 000 Registered Merchants | wp_booster error:
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| Jan 13, 2016 | SA firm offers online grocery service | |
| Aug 17, 2015 | SA’s “Digital Pitbull” introduces lay-bys online | |
| Jun 25, 2015 | SnapScan rolls out pilot phase for ecommerce payments | A South African-based mobile payment application, SnapScan, has started rolling out its test phase for ecommerce plugins. The new system will enable customers to purchase from select online stores using the SnapScan application. Up until no... |
| Jun 25, 2015 | SnapScan rolls out pilot phase for ecommerce payments | A South African-based mobile payment application, SnapScan, has started rolling out its test phase for ecommerce plugins. The new system will enable customers to purchase from select online stores using the SnapScan application. Up until no... |
| Jan 27, 2015 | These are Grindstone’s 13 tech startups for 2015 | The second in-take of growth equity fund manager Knife Capital‘s tech startups is an interesting bunch. From popular names such as online payment service PayFast and ecommerce builder ShopStar to new and interesting ones such as CognaDev wh... |
| Jan 27, 2015 | These are Grindstone’s 13 tech startups for 2015 | The second in-take of growth equity fund manager Knife Capital‘s tech startups is an interesting bunch. From popular names such as online payment service PayFast and ecommerce builder ShopStar to new and interesting ones such as CognaDev wh... |
| Dec 17, 2014 | Can i-Pay boost SA’s ecommerce by making EFTs cool? | Online payment gateways play a crucial role in driving ecommerce in South Africa and the whole world for that matter. The right gateways can give merchants the ability to cut down on transaction fees and create a safe and easy experience fo... |
| Dec 17, 2014 | Can i-Pay boost SA’s ecommerce by making EFTs cool? | Online payment gateways play a crucial role in driving ecommerce in South Africa and the whole world for that matter. The right gateways can give merchants the ability to cut down on transaction fees and create a safe and easy experience fo... |
| Jul 17, 2014 | PayFast’s 30k merchants can now accept bitcoin as online payment | Starting today, one of South Africa’s most popular online payment service, PayFast, is enabling sellers using its services to easily start accepting bitcoin payments from local and international buyers.
This news comes after PayFast entere... |
| Jul 17, 2014 | PayFast’s 30k merchants can now accept bitcoin as online payment | Starting today, one of South Africa’s most popular online payment service, PayFast, is enabling sellers using its services to easily start accepting bitcoin payments from local and international buyers.
This news comes after PayFast entered... |
| Mar 2, 2011 | Snaply: Taking the ‘exclusivity out’ of eCommerce site building | As society moves more into the online sphere, the need to do practically everything online grows. eCommerce sites are growing bigger and adding more products online. What began with just DVDs and books sales online has now moved to helicopt... |
| Mar 2, 2011 | Snaply: Taking the ‘exclusivity out’ of eCommerce site building | As society moves more into the online sphere, the need to do practically everything online grows. eCommerce sites are growing bigger and adding more products online. What began with just DVDs and books sales online has now moved to helicopt... |
| Feb 16, 2011 | Exclusive: Major int’l VC stealthily buying into SA eCommerce sites | A major US$3.5-billion New York-based hedge fund headed by investor Lee Fixel has been quietly buying up some major eCommerce properties in South Africa over the past five years.
The New York-based Tiger Global Management LLC, which recent... |
| Feb 16, 2011 | Exclusive: Major int’l VC stealthily buying into SA eCommerce sites | A major US$3.5-billion New York-based hedge fund headed by investor Lee Fixel has been quietly buying up some major eCommerce properties in South Africa over the past five years.
The New York-based Tiger Global Management LLC, which recentl... |
| Women’s Day: Here are five organisations you can support! | Here are five organisations that you can support on Women’s Day Image: @chloesimpson / Unsplash
With Women’s Day being today, it is a perfect time to do something meaningful for women in this country. It can be incredibly difficult to find ... |
