SA telcos moving aggressively to add fintech offerings to mobile money base

South Africa’s major telecommunications companies are accelerating their financial technology (fintech) strategies and betting big on Africa’s untapped digital economy potential to bolster dwindling traditional revenues in an ever-evolving digital era. Boasting huge volumes of customers with access to data, and with a risk appetite and the infrastructure and the experience to rapidly move on new technologies and services and a strong partnership and alliance approach, telecommunications firms are well positioned to advance their digital services platforms across Africa.

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