South Africa’s largest banking group has bought another 6% in the fintech platform after acquiring 20.1% last year ahead of ...
The partnership will scale Sha’p Left’s nurse-led clinics, increasing the number of surgeries from 11 to 61 by the end of ...
FirstRand has deepened its recent bet on AI fintech Optasia, spending R1.48-billion to lift its stake to 26.1%.
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FirstRand ups stake in AI-led fintech Optasia
FirstRand ups stake in AI-led fintech Optasia By Staff Writer, ITWebJohannesburg, 26 Mar 2026Salvador Anglada, Optasia CEO. FirstRand has increased its shareholding in artificial intelligence (AI)-led ...
Standard Bank Group, Africa’s largest bank by assets, has overtaken FirstRand Group as the continent’s most valuable bank by ...
The UK’s financial regulator is moving to compensate motor finance customers as lenders including FirstRand assess the ...
Optasia sees formal banking as a massive growth opportunity as microfinancing overtakes its airtime advance business.
Return on Equity (ROE): Moving closer to the top of the 18% to 22% range. Net Income After Cost of Capital (NIACC): 26% growth. Net Asset Value (NAV): Up 7%, excluding currency impacts, up 10%. Net ...
FirstRand Bank has set a new benchmark in South Africa for treasury management, becoming the first in the country to leverage ...
FirstRand Ltd. said a new proposal by the UK for compensating consumers who were missold car loans that could end up costing lenders £11 billion ($14.7 billion) goes beyond what it previously expected ...
FirstRand Ltd., South Africa’s biggest bank by market value, may revise the amount of provisions it set aside to cover potential compensation and other costs it is facing tied to missold car loans in ...
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