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Absa Group

http://www.absa.africa
Last activity: 15.09.2026
Active
Categories: BankingDigitalTransformationFinancialServicesFinTechTechnology
A leading financial group that brings your possibility to life across the African content.
Website visits
317K /mo.
Mentions
78
Location: South Africa
Employees: 10001+
Total raised: $50M
Founded date: 1888

Investors 1

DateNameWebsite
22.10.2022British In...bii.co.uk

Funding Rounds 1

DateSeriesAmountInvestors
08.06.2021-$50MCDC Group ...

Mentions in press and media 78

DateTitleDescription
15.09.2026What Revolut can and cannot take from South Africa’s banksRevolut’s application for a South African banking licence is progressing, and the company is still targeting a 2028 launch. That is a long wait in a market that keeps moving. By 2028 the app-quality gap Revolut exploits elsewhere will have ...
18.08.2026Absa writes off another R200-million in softwareAbsa Group chief information and technology officer Johnson Idesoh Absa Group has impaired a further R200-million in software assets in the six months to 30 June 2026, five months after a R2.4-billion write-down that the bank blamed on a st...
04.08.2026Mintoak acquires Dubai-based ICC Loyalty to expand banking engagement platformMintoak, a provider of payments and engagement technology for banks, has acquired Dubai-based ICC Loyalty, expanding its presence across the Middle East, Africa, Eastern Europe and Asia. Advertisment The deal adds customer engagement, loyal...
31.07.2026East Africa: Ex-Airtel Money Kenya CEO Anne Kinuthia-Otieno Named Visa East Africa HeadNairobi — Visa has appointed former Airtel Money Kenya Managing Director Anne Kinuthia Otieno as its new Vice President and Head of East Africa, effective August 4, 2026. Based in Nairobi, Kinuthia Otieno will oversee Visa's operations acro...
22.07.2026Thunes Named a 2026 World's Top FinTech Company by CNBC and StatistaFor the second year running, cross-border payments leader Thunes, named on the prestigious list SINGAPORE, July 22, 2026 /PRNewswire/ -- Thunes, the Smart Superhighway to move money around the world, has been named one of CNBC and Statista ...
28.05.2026Meet the CIO | Absa CITO Johnson Idesoh on AI, cyber and the future of bankingAbsa Group CITO Johnson Idesoh Johnson Idesoh, group chief information and technology officer at Absa, says AI in all its forms – generative, agentic and the AI now being wielded by cybercriminals – is the single biggest topic on his desk, ...
27.03.2026The real reason Absa wrote off R2.4-billion in softwareAbsa CTIO Johnson Idesoh Absa Group’s decision to take a R2.4-billion software impairment hit for the year ended 31 December 2025 is not solely because of AI – itself an accelerator of software obsolescence – but also due broader technologi...
10.03.2026Absa impairs R2.4-billion in software after strategy rethinkAbsa Group has written off R2.4-billion in software assets after a revision of its overall strategy led to changes in investment priorities and faster-than-expected technology obsolescence, its annual financial statements show. The software...
05.03.2026Absa and Thunes unveil Absa Global Pay, a next-generation solution for fast, affordable global remittancesThe alliance brings real–time global money transfers, affordable and transparent pricing and a seamless mobile–first experience JOHANNESBURG, March 5, 2026 /PRNewswire/ -- Absa Group, one of Africa's largest diversified financial services p...
02.12.2025High fees keep PayShap stuck in first gearThe start of year found PayShap firmly embedded in any payment conversation. When it launched in 2023, everyone in the landscape was asking: would it scale effectively, would consumers embrace it and would banks fully participate? Now, at t...
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