10 predictions for South African fintech in 2021 – the future arrived early
Covid-19 shoved South Africa’s fintech sector into the future.
From Bitcoin to payments to insurance – nothing in this sector remains unaltered.

The Money Show’s Bruce Whitfield asked Dominique Collett (Head of AlphaCode and Senior Investment Executive at Rand Merchant Investments) how Covid-19 affected fintech and what she expects for the year ahead.
Collett made 10 forecasts for SA-fintech in 2021, relating to:
-
Cryptocurrencies
-
Digital payments
-
Growth of digital platforms
-
Fintechs vs the incumbents
-
Behavioural science tech
-
Low-cost health coverage
-
Growth of B2B players
-
Financial inclusion
-
Rise of the gig economy
-
Regulation
READ: #BizTrends2021: 10 predictions around fintech
Listen to the interview in the audio below.
This article first appeared on CapeTalk : 10 predictions for South African fintech in 2021 – the future arrived early

Source : https://www.123rf.com/photo_93984836_financial-technology-and-peer-to-peer-transfer-money-concept.html?term=fintech&vti=n187xqqn821ispqi78-1-26
More from Business

Always wanted to own a piece of a wine farm? Here's how to make it a reality
Hemelzicht Vineyards, a new investment model that gives the public the opportunity to own a share in a luxury wine estate.
Read More
Sea Harvest buoyant with 17% annual profit hike despite choppy economic seas
Despite lockdowns and the global pandemic the fish supplier stayed afloat and was even able to do swimmingly during the past year.
Read More
Public sector trade unions demand CPI plus 4% as final wage demand submitted
The demands have been submitted to the general secretary of the Public Service Coordinating Bargaining Council (PSCBC).
Read More
'State-sponsored corruption should outrage South Africans' - Sars commissioner
'I'm infuriated!' Commissioner Edward Kieswetter says he feels the need to speak truth to power. Strong words on The Money Show.
Read More
As export sales boost profit, Distell (Savanna, Klippies) eyes Africa expansion
Despite the killer liquor bans in SA, Distell posted a double-digit profit for 2nd half of 2020 says Group CEO Richard Rushton.
Read More
Woolworths' online food sales soar, but fashion business 'disappointing'
Woolworths is not paying an interim dividend, despite strong profit increase. The Money Show interviews Group CEO Roy Bagattini.
Read More
Discovery results: 'Strong operating performance, well-positioned for growth'
Earnings were negatively impacted by exchange rate volatility but Covid-19 provisions resilient, says Group CEO Adrian Gore.
Read More
Strong recovery for 2nd half of 2020 sees Anglo American weather a tough year
'I am immensely proud of how our team of more than 95,000 people across Anglo American pulled together' says CEO Mark Cutifani.
Read More
Sars plans to tax retirement funds if you leave SA, target offshore assets
The proposal to tax retirement fund members when no longer tax-resident in SA is not unreasonable, says Prof. Osman Mollagee.
Read More
Med scheme covers chemo treatment but not weekly Covid test required by hospital
Consumer ninja Wendy Knowler follows up on the case of a patient who'd been paying his membership dues for more than 40 years.
Read MoreMore from Opinion

'State-sponsored corruption should outrage South Africans' - Sars commissioner
'I'm infuriated!' Commissioner Edward Kieswetter says he feels the need to speak truth to power. Strong words on The Money Show.
Read More
Does an emotive Sars advert make you feel better about paying tax?
It's Budget day tomorrow and branding expert Sizakele Marutlulle chooses a topical campaign as her advertising hero of the week.
Read More
A South African fraudster fleeced US Big Tech out of R620 million ($42 million)
Stephen Timm on his new book, "At Any Cost: The South African Fraudster Who Took the Tech World for More Than $40 million".
Read More
We’re producing in the hopes we’ll see an uptick - Jack Black founder
The Money Show’s Bruce Whitfield asks Jack Black founder Ross McCulloch if he has any tips for Tito.
Read More
'Mboweni must remember revenue windfall means SA just in slightly smaller hole'
Tips for Tito: The Money Show interviews Ninety One's Nazmeera Moola ahead of the finance minister's Budget speech next week.
Read More
We don’t understand the gravity of the profession – accounting student
"Medical students understand they have someone’s life in their hands," says a young accounting student in a stirring call.
Read More
Bitcoin breaks through $50k - digital gold?
'It's critical to understand the changing nature of money.' Bruce Whitfield interviews Farzam Ehsani (VALR.com.) on The Money Show
Read More
Few believed in me. Most actively discouraged me - Heyneke Meyer pens book
Bruce Whitfield interviews former Springbok coach Heyneke Meyer about his new book "My Notes on Leadership and Life".
Read More
Markus Jooste is fighting back. Deloitte to pay R1.3bn to Steinhoff claimants
Bruce Whitfield interviews FM Editor Rob Rose, author of "Steinheist: Markus Jooste, Steinhoff and SA’s biggest corporate fraud".
Read More
Zuma must go to jail for contempt of court, if found guilty - Zondo to Concourt
The Money Show's Bruce Whitfield interviews Justice Zak Yacoob (former ConCourt judge) and Ferial Haffajee (Daily Maverick).
Read MoreMore from Lifestyle

Luxury living awaits you at Brookfield at Royal
Home is where the heart is... Invest in your family’s legacy and call the magnificent Brookfield at Royal home!
Read More
How to deal with cellphone addiction in a relationship
Clinical psychologist Khosi Jiyane explains the effects of cellphone addiction in relationships and how it can be resolved.
Read More
[WATCH] Moonstruck 2021 - CapeTalk's iconic music festival
CapeTalk's iconic summer music festival is back - and for the first time in its history, it's online.
Read More
Watch the finalist action from Week 4 of 2021 Dis-Chem Brain of 702
ICYMI - Gauteng's brightest minds delivered an epic final battle in the Dis-Chem Brain finale.
Read More
As export sales boost profit, Distell (Savanna, Klippies) eyes Africa expansion
Despite the killer liquor bans in SA, Distell posted a double-digit profit for 2nd half of 2020 says Group CEO Richard Rushton.
Read More
Tumi Morake: Acting has always been my first love
In this episode of Hanging out with Clement, media personality Tumi Morake speaks about her childhood, career and family.
Read More
Sars plans to tax retirement funds if you leave SA, target offshore assets
The proposal to tax retirement fund members when no longer tax-resident in SA is not unreasonable, says Prof. Osman Mollagee.
Read More
How much more alcohol will cost you after Mboweni's 2021 Budget Speech
Once again this year, you’ll be paying more for your sins.
Read More
Does an emotive Sars advert make you feel better about paying tax?
It's Budget day tomorrow and branding expert Sizakele Marutlulle chooses a topical campaign as her advertising hero of the week.
Read More
The Black Ties give us a taste of what to expect at Moonstruck
CapeTalk's iconic event Moonstruck in partnership with Simply Asia will take place virtually on Saturday, 27 February.
Read More