The story of Wizzit Bank is something MBA dreams are made of. Wizzit came into the market more than three years ago, just ahead of the launch of MTN Banking. Both banking models were based on ...

Virtual bank Wizzit, which provides low-cost cellphone banking to lower-income earners, has received major backing from the World Bank. IFC, a member of the World Bank Group which provides finance to ...

Ubank has serviced neglected and underserviced mine workers in the gold and platinum sectors who previously had difficulty accessing financial services. Ubank, has shaken up the financial services ...

• According to the financial technology company the technology aims at changing African smartphones into shop sales machines that work in person and online. • The solution is 100% software only, ...

Wizzit will also work with South African Post Office for distribution. Brian Richardson, co-founder, Wizzit, says: "Wizzit is in a good position to engage with South Africa's rural communities on a ...

Johannesburg - Wizzit, which currently offers the only unrestricted cellphone banking facility in the country, has welcomed the view of MTN and Standard Bank that an exemption to the requirements ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There is a faint air of the evangelical preacher about Brian Richardson, the 52-year-old chief executive and co ...

Johannesburg — CELLPHONE bank Wizzit hopes to break even by the middle of next year and aims to have about 300000 customers within three years, the bank said yesterday. Wizzit, which went live with a ...

In many developing countries it's common for a person to have a mobile phone but not a bank account. In fact, more than 1 billion people fit this description, and the number is only likely to increase ...

Johannesburg - Royal Bafokeng Holdings (RBH) and Wizzit Bank, a division of the South African Bank of Athens Limited, have launched a 50/50 joint venture to provide banking services to the Royal ...