Global money transfer giant Wise finally licensed to operate in SA

Global money transfer giant Wise finally licensed to operate in SA

Global fintech giant Wise is preparing to enter the South African market after securing conditional approval from the SARB.

UK's Wise gets approval to operate in South Africa

On Techpoint Digest, we discuss UK-based Wise bagging its first African licence, what photographers think about AI photoshoots, and Canal+ resetting MultiChoice’s cost base.

Wise Gains Regulatory Approval to Launch in South Africa

Wise has received conditional regulatory approval to launch its services in South Africa, marking its first expansion into the African continent. The move is expected to make international money transfers faster, more affordable, and more transparent for millions of South Africans, broadening access to digital financial services in the region. According to TechAfrica News, Wise’s entry into South Africa comes shortly after UK Prime Minister Keir…

Why Wise chose South Africa as its first African market

Wise, a leading digital remittance provider which moved $190 million for 15.6 million active customers, is finally expanding to Africa. Today, the London-listed fintech said it has received conditional regulatory approval from the South African Reserve Bank (SARB). In SA, it will operate as a Category 2 Authorised Dealer in foreign exchange with Limited Authority (ADLA). ADLAs include bureaux de change, independent money transfer operators, and …

Wise Secures Conditional Approval in South Africa for Cross Border Payments

The global fintech company Wise has received conditional approval from the South African Reserve Bank (SARB) to operate as a “Category 2 Authorised Dealer in Foreign Exchange with Limited Authority,” paving the way for its launch in Africa’s most developed financial hub. Why it Matters The Details What’s Next Wise did not confirm a go-live […] The post Wise Secures Conditional Approval in South Africa for Cross Border Payments appeared first on …

CFD Brokers’ Widely-Listed Funding Option Wise Enters Africa

Wise has secured conditional approval from the South African Reserve Bank to operate in the country, marking the company’s first regulatory license in Africa. The UK-listed fintech can now offer personal money transfers in South Africa, joining a market where demand for faster, cheaper, and more transparent cross-border payments is growing.Global fintech firm Wise has secured conditional approval from the South African Reserve Bank (SARB). The l…