Is the rise of fintech companies a threat to traditional banking in SA?

Loading player...
GUEST – Kokkie Kooyman – Banking analyst and director at Denker Capital
The banking and financial sector are rapidly evolving and South Africa has jumped straight into the fintech curve, growing the sector exponentially in the last decade. The rise of fintech companies has prompted widespread debate and discussion about the potential for them to take market share away from traditional banks.
The rise of fintech companies in South Africa poses both a threat and an opportunity for traditional banking institutions. While fintechs have disrupted the market with innovative solutions, often offering more convenient and affordable services, traditional banks still hold significant advantages.
19 Nov 2024 2PM English South Africa Business News · Investing

Other recent episodes

Can You Trust AI for High-Stakes Decisions?

Should you rely on AI for critical legal or financial choices? My AI Lawyer Head of Services Michael Visser joins Nzinga Qunta to unpack how specialized AI acts as an affordable starting point to navigate your rights before paying for professional advice.
5 Nov 1PM 13 min

How to Invest in Banana Trees

Expanding beyond traditional livestock, crowdfarming is now giving everyday South Africans direct access to plant-based farm assets. Ntuthuko Shezi breaks down the mechanics of banana tree investments, harvest yield returns, and risk management for retail investors looking to grow real farm wealth.
5 Nov 1PM 15 min

FlySafair’s R7bn Deal Approved

Following the Competition Tribunal’s approval of Harith’s takeover of FlySafair, aviation analyst Guy Leitch joins KayBiz to unpack market concentration, cross-ownership with Lanseria Airport, and the impact on domestic ticket prices.
5 Nov 12PM 8 min

Reshaping Philanthropy

Operating globally, the Black Feminist Fund is challenging traditional donor models. We unpack how flexible core funding and participatory grantmaking shift capital and long-term institutional power directly to grassroots movements.
5 Nov 12PM 16 min