From Stokvels to Silicon Valley: Modernizing Traditional Saving Schemes with Fintech in South Africa
Introduction to Stokvels Stokvels are traditional savings groups that have become a vital financial practice in South Africa, with roots tracing back to the early 20th century. They were originally established as a means for individuals to pool their resources, thereby providing financial assistance to members during times of need. These community-based schemes enable individuals, … Read more