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South African digital bank TymeBank has reported a significant increase in its deposits, reaching nearly R7 billion (approximately $385 million) just three months after achieving unicorn status. This information was disclosed in the interim financial results released by its majority shareholder, African Rainbow Capital (ARC). The Johannesburg-listed investment firm, which…

Fawry, Egypt’s leading fintech company, has entered into a strategic agreement with Contact Financial Holding, the country’s foremost non-banking financial services provider, to enhance their partnership by integrating Contact’s Buy Now, Pay Later (BNPL) service into Fawry’s extensive payment network. This network encompasses over 370,000 point-of-sale (POS) terminals and includes…

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