South Africa

Expalux 3rd Quarterly Research

The New Year approaches and Expalux would like to present a gift to everyone, who is interested in international Fintech publishing our 3rd Quarterly Research! We hope everyone will be enjoying reading about Brazil, Peru, Chile, Argentina, Colombia, El Salvador, Mexico, Tanzania, Ethiopia, South Africa, Ghana, Kenya, Nigeria. EXPALUX 3th QUARTERLY RESEARCH

The opportunity of lending fintechs in South Africa

The Fintech sector in South Africa has made considerable progress in the sector in recent years, raising around US $ 100mn in 2019 through 33 deals, which takes it to third place within the African continent, after Nigeria and Kenya, in terms of total flows of Fintech financing in 2019. Moreover, South African fintechs are

The opportunity of lending fintechs in South Africa

The South African economy had a strong negative impact in the last year because of the pandemic, bringing consequences that affected thousands of people in the country. According to the World Bank (2021), the pandemic caused in South Africa an estimated 7.8% drop in its economy in 2020, which makes it the most affected country