Zimbabwe and regional technology news and updates

A digital currency is coming into Zim to help out farmers

KamPay is a company that was founded in 2018 as a financial inclusion avenue for the unbanked. The firm created a digital currency called Kamari which is akin to what we accustomed to with mobile money but it is based on blockchain technology. Users can transfer, buy and sell but also lend and save through […]

RBZ Fintech Sandbox applications are still open

Back in March, the Reserve Bank of Zimbabwe (RBZ) announced the launch of its Fintech Regulatory Sandbox. This platform is a way for the central bank and the country’s financial institutions to mix and mingle with innovators and startups in the fintech space. When we reported on it earlier this year we were disappointed by […]

Reminder: You can open FBC savings or current account using their app

This is what banking should be.

Powertel launches payment service known as Dial-a-Payment

Powertel wants you to call someone so they can do what you can already do yourself.

EcoCash reaffirms its position as a licenced Bureau de Change

Straight from the horse’s mouth…

FNB has a simple solution to SMS One-Time Password (OTP) hacks

There is another way. Zim banks please take notes.

Dear ZIMSWITCH, make a ZIPIT gateway as an alternative to Vpayments.

It would be a payments “cure all”

Zimnat introduces decoder insurance

ZIMNAT wants you to keep your happiness.

C-Trade now allows traders to deposit using ZIPIT

thumbs up. however…

RBZ says fintech regulatory sandbox will be live on 1 March. What does that mean?

The Reserve Bank of Zimbabwe (RBZ), in the recently released Monetary Policy Statement, has announced the commencement date for the Fintech Regulatory Sandbox.

Offering civil servants pay-as-you-go smartphones, solar & loans, PremierCredit to receive US$650k investment

Zambian-based (also operates in Zimbabwe) microlending PremierCredit is set to receive US$650 000 from venture capital fund Enygma Ventures.

Zimbabwean banks should develop local WhatsApp based payment systems

WhatsApp is the internet in Zimbabwe, everyone uses it, that being said we need more local payment solutions through the app.

Zero data costs for Stanbic bank platforms, zero rating first

Stanbic Bank has today announced that their customers who use Econet to access internet services will not be charged to access the bank’s mobile app and other platforms. The services are now zero rated on the Econet network. The bank will be paying for the connectivity costs associated with usage of their platforms. Stanbic Bank […]

First Capital Bank card allowed transaction without PIN, very dangerous

A member of the Techzim community (who is a First Capital Bank customer) reached out to us saying that they were in town one day and were paying for their parking, as everyone does. When they used their card to swipe on the mobile Point of Sale (POS) machine the parking attendant was using, the […]

Mastercard launches Fintech Express in the Middle East and Africa

Mastercard has launched Fintech Express in the Middle East and Africa. The program is designed for emerging and established businesses under the fintech umbrella looking to add payment solutions or innovate through partnerships. The program aims to expand Mastercard’s partnership with fintech companies and to create a seamless process of bringing fintech enterprises into the […]

SA fintech Ozow launches zero-rate data payment apps

South African fintech company Ozow (formerly known as i-Pay) has launched two payments apps. One payment solution is a progressive web app that won’t require data and the other is an application that simplifies bank transfers. In what the company is calling the Ozow Revolution, they seek to make digital payments available to every South […]