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Absa Group

http://www.absa.africa
Last activity: 27.03.2026
Active
Categories: BankingDigitalTransformationFinancialServicesFinTechTechnology
A leading financial group that brings your possibility to life across the African content.
Website visits
317K /mo.
Mentions
72
Location: South Africa
Employees: 10001+
Total raised: $50M
Founded date: 1888

Investors 1

DateNameWebsite
22.10.2022British In...bii.co.uk

Funding Rounds 1

DateSeriesAmountInvestors
08.06.2021-$50MCDC Group ...

Mentions in press and media 72

DateTitleDescription
27.03.2026The real reason Absa wrote off R2.4-billion in softwareAbsa CTIO Johnson Idesoh Absa Group’s decision to take a R2.4-billion software impairment hit for the year ended 31 December 2025 is not solely because of AI – itself an accelerator of software obsolescence – but also due broader technologi...
10.03.2026Absa impairs R2.4-billion in software after strategy rethinkAbsa Group has written off R2.4-billion in software assets after a revision of its overall strategy led to changes in investment priorities and faster-than-expected technology obsolescence, its annual financial statements show. The software...
05.03.2026Absa and Thunes unveil Absa Global Pay, a next-generation solution for fast, affordable global remittancesThe alliance brings real–time global money transfers, affordable and transparent pricing and a seamless mobile–first experience JOHANNESBURG, March 5, 2026 /PRNewswire/ -- Absa Group, one of Africa's largest diversified financial services p...
02.12.2025High fees keep PayShap stuck in first gearThe start of year found PayShap firmly embedded in any payment conversation. When it launched in 2023, everyone in the landscape was asking: would it scale effectively, would consumers embrace it and would banks fully participate? Now, at t...
28.11.2025R1-million spent in a single click as Black Friday heats upPayment service provider Peach Payments late Friday said it has tracked a Black Friday-linked transaction worth R1.09-million, which it said was spent in the travel and tourism sector. “Peach Payments has been tracking Black Friday digital ...
25.11.2025New challenger bank: Pepkor secures approval to join the sectorSouth African discount retailer Pepkor Holdings has received regulatory approval to establish a banking presence, it said on Tuesday, as it expands beyond retail and basic financial services. Pepkor said in a statement that it had secured a...
19.11.2025‘Pay later’ growth is set to lift Black Friday sales, says AbsaAbsa expects that growth of buy now, pay later (BNPL) services will boost Black Friday sales this year for e-commerce merchants. It said in a statement on Wednesday that last year, e-commerce was not as strong as in prior years. However, it...
13.11.2025ZAR Supercoin is South Africa’s latest rand stablecoinSouth Africa has a new rand-pegged stablecoin. Called ZAR Supercoin, the stablecoin is “purpose-built for South Africa and the wider African market”, according to its backer, New York-listed Super Group. ZAR Supercoin is the second rand-bas...
12.11.2025MEST Africa and Absa Announce Top 10 Finalists for 2025 MEST Africa ChallengeThe MEST Africa, in strategic partnership with Absa Group, has unveiled the ten startups selected as finalists for the 2025 edition of the MEST Africa Challenge (MAC), signalling increased momentum in fintech innovation across the continent...
05.11.2025Ripple Craves Crypto Custody Momentum with Palisade AcquisitionImage: Envato Ripple will purchase Palisade, a digital asset wallet and custody technology firm, in a deal that broadens Ripple’s presence in the institutional crypto market. Financial details were not disclosed. But the move enhances Rippl...
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