Ashraf Stakala

Subscription businesses face 10% of recurring revenue losses due to failed payments. Up to 40% of these failures are due lost or expired cards, which often result in customer churn. Revio's network token solution brings the latest in card processing technology to South Africa to help address the challenges large businesses face in managing failed payments and involuntary churn by: 1️⃣ Eliminating the need for customers to manually update their card details 2️⃣ Creating secure tokens that can be used across processors and acquirers 3️⃣ Increasing authorisation rates by removing the need to share sensitive card details across networks Learn more about how network tokenization works in our latest feature guide: https://lnkd.in/dz2GTKXS

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💳Accept payments from anywhere in the world using WigWag, embedded effortlessly into your @Squarespace site, powered by Foxy.io. 💻 #WigWag #Squarespace #gamechanger #moneymindset #ecommerce #smallbusiness #payments #SouthAfrica

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🔑🔑 Three reasons why LayUp's partnership with iStore South Africa Pre-owned is the perfect opportunity you've been waiting for! 🔑🔑 1. Flexible payment options LayUp’s Save Now, Buy Later (SNBL) model makes owning pre-owned Apple devices more accessible—without customers needing to go into credit. 2. Increased customer reach By offering LayUp's flexible payment plans, iStore Pre-owned opens doors to a broader market, catering to customers ready to save and pay on their terms. 3. Secure and affordable access to 'unattainable' or coveted items With LayUp’s facilitated payment plans, customers enjoy secure, affordable access to premium branda. Ready to explore our payment solutions? Learn more about how LayUp can empower your business—get in touch here: https://bit.ly/3zrzIRF #LayUpTechnologies #iStorePreOwned #SaveNowBuyLater #FlexiblePayments

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In crypto, trading and gaming sectors, timing is everything. With Stitch, one-click deposits can bring the payment time for returning users down to < 3 seconds. Stitch is the first payments provider in South Africa to enable one-click deposits from a customer bank account - also offering the same experience via Stitch Card. Because of this one-click deposit experience, we've seen a 70% decrease in the time it takes users to pay via Stitch vs other similar providers – with a retention rate of 90-95% for returning users once they see how friction-free the payment experience is. Learn more about the impact of Stitch one-click payments for clients like Luno and Hollywoodbets: https://lnkd.in/d3TerSpc

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Looking to build a breakthrough product? You can’t do much better than having it built in Cape Town – this is SA’s (and some say Africa’s) tech hub, meaning it’s home to most of the best devs and reasonable prices. But not all software developers boast the same focus scope or industry experience, so how do you know who’s right for your project? Our latest blog post gives you 11 questions to ask before hiring a developer, including: - Ways to assess their skills and reputation in seconds - How to get a sense of their dev scope and capability - Assessing their team, skill and support offering in minutes Plus: One factor that sets all top-tier developers apart.

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Previous Work Example: Full Website Content Copy Decks Client: Interactive Credit Solutions - Membership subscription business, main product is the MaximAssist Life Enhancement Plan See more samples: https://lnkd.in/dsVTq5wp   #websitecontent #contentwriter #copywriting #copywriter

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Discover the Future of Credit Coaching with Sanlam's new AI tool! 🌟 Sanlam Fintech is a business cluster designed to succeed together. A true example of this is Sanlam Studios innovating alongside Sanlam Retail Credit to bring us the future of credit coaching with a Credit Bot. This AI-powered tool retrieves and interprets credit scores and reports, helps users secure loans and improves their credit outcomes and understanding. Keen to give it a try? Click here 👉 https://bit.ly/3QREnSO

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Since Termii Elevate Conference 3.0, we've witnessed incredible progress from the pitch winners (Supplya | Seamless B2B Marketplace, CashAfrica, Ridefraser, SUWK Technologies)! Their groundbreaking solutions are transforming industries and shaping the future of technology. Check out the link below to read the full article and see how these pioneers are making an impact! https://hubs.li/Q02Nzm9x0 #TermiiElevate #TechStartups #BusinessCommunications

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We’re not just part of the fintech landscape; we're leading the charge for financial innovation. By introducing forward-thinking solutions and setting new standards, we're disrupting the industry and paving the way for a more efficient and secure financial future for businesses across South Africa. Get in touch with us today to find out what our fintech can do for your business. #Fintech #FintechoftheYear #FinancialSecurity

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Lesaka Technologies to Acquire Adumo for $85.9 Million. Lesaka Technologies Inc., a South African fintech company, has signed an agreement to acquire adumo for $85.9 million. The payment will consist of 17,279,803 shares of Lesaka common stock and $12.5 million in cash, funded through internal resources and external financing. The transaction is pending shareholder and regulatory approval, with completion expected in the third quarter of 2024. Adumo, which provides card acquiring, integrated payments, and reconciliation services, has 23,000 active retailers and processes over $1.3 billion annually. Its corporate card services support around 245,000 cardholders. The acquisition will expand Lesaka's ecosystem to include 1.7 million active users and 119,000 merchants, processing over $13 billion annually. Lincoln Mali, CEO of Lesaka Southern Africa, expressed enthusiasm about incorporating the Adumo team and its CEO, Paul Kent, into their executive leadership. "Adumo’s customer base provides us access to more than 245,000 consumers and to payment technologies that we can incorporate into our existing operations. The pending acquisition of Adumo is another significant milestone for Lesaka as we build the top fintech platform in Southern Africa.” Post-acquisition, Lesaka will have approximately 3,300 employees across five countries: South Africa, Namibia, Botswana, Zambia, and Kenya. The acquisition is part of Lesaka's strategy to consolidate the Southern African fintech market and follows previous mergers and acquisitions, enhancing its consumer and merchant services. #LesakaTech #AdumoAcquisition #FintechExpansion #SouthernAfricaFintech #FinancialInnovation #TechMerger #DigitalPayments

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Exciting Announcement! Our valued client, GS1 South Africa, is launching their GDSN User Group this coming Wednesday 5th June and we are excited by the opportunity to present on "Building Consumer Confidence: The Vital Role of Trusted Product Data in Modern Business." 🚀 In today's hyper-connected marketplace, consumer trust is the cornerstone of success. Join us as our team member, Melanie Pitcher, delves into the critical importance of reliable product data in cultivating consumer confidence. Key Takeaways: 1️⃣ Understand the significance of trusted product data in consumer decision-making processes. 2️⃣ Effectively use technology to collect, manage, and disseminate accurate product information. 3️⃣ Leverage trusted data to enhance brand reputation and foster customer loyalty. If you're in business in South Africa you don't miss this event. Contact GS1 South Africa for the joining details. #ConsumerConfidence #ProductData #BusinessInsights #Webinar #TrustedData #BrandReputation #CustomerTrust

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Leading buy-now pay-later (BNPL) provider PayJustNow has just recorded 1 million downloads of its Android app, with roughly 1.5 million of their 2-million strong customer base already registered across all major app stores. The app is meeting an increased demand for convenience and better access to the provider’s retail base of over 2700 merchants at over 8000 locations across South Africa. Dean Hyde, PayJustNow COO, says that with over R6-billion in approved funds available to these users, there is a significant opportunity to boost South Africa’s retail sector. “The app is fast becoming a shopping ecosystem that serves to connect consumers with retailers, driving as much as a 30% increase in basket size among our retail partners.” More details: https://lnkd.in/dqkQbXEv --- #PayJustNow #BNPL #BuyNowPayLater #Mobile #App #RetailGrowth #OnlineShopping #ConsumerConvenience #Digital #Payments #Tech #TechNews #Technology #SouthAfrica

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Investec Developer Community Meetups – where developers connect, share, and grow with Programmable Banking. These meetups offer an interactive environment to: • See community projects in action: Members showcase their Programmable Banking builds and get feedback from other members. • Engage directly with the Investec API Team: Each session includes time with the team behind the Programmable Banking API. It’s a unique chance for developers to ask questions, provide feedback, and get insight into the product roadmap. • Stay updated: From new features to tech and financial wellness talks, each meetup includes updates and expert insights aimed at empowering developers in our community. If you’re interested to see what our #InvestecDeveloper meetups are about, register for the final one of 2024 happening on 21 November. 🔗 Link to meetup registration in the comments. #InvestecDeveloper #ProgrammableBanking #DeveloperCommunity #APIBanking

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"The benefits for SMEs are many: easy and quick access to working capital, no need to chase unpaid invoices and a better cash flow to pay their suppliers and build their business - all without a loan or monthly fixed costs." Read an insightful article from Triodos Investment Management about the challenges faced by South African SMEs in accessing Working Capital, and how UsPlus is on a mission to fix this. https://lnkd.in/dxijnF5K

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At least four of South Africa's largest banks have experienced a significant surge in digital wallet usage during the first half of 2024. This is no ordinary trend and here is how it works. ➡Digital wallets enable banked customers to link their cards to a near-field communications (NFC)-equipped smartphone or smartwatch and use them to make contactless on point-of-sale terminals instead of using their cards. This innovation is continuously growing and It's clear: South African banks aren't just keeping up, they are driving the shift to a cashless society. 🤔 Can you name one of the Tier 1 banks driving this digital transformation? Let's have it in the comments💬 PS. Our Payment360 course offers an in-depth understanding of how payments, wallets, and fintech work in today's fast-evolving ecosystem. Register here: https://selar.co/P360 🗓️ Next cohort starts this September! From the tech intricacies of digital transactions to the regulations and more. We've got you covered🚀 #fintech #payments #wallets #digitaltransactions #nfc #tech #fintechinsights #thepaymentlogue #africa

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Start your week off on a high with gems from our CEO 🎙️ Matt recently joined the latest episode of The Founder Files Podcast as a guest, where he shared insights on what it takes to build a Fintech brand and business in South Africa  📈 Watch the full episode here 👉 https://lnkd.in/dDdXRZcK

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