A tale of 44 cities | Johannesburg S e l f e v a u l a t i o n o f tH h eu hb u bi in nd i sc High Rankixa t ko e yr s a r e a JohannesburgsBest workspace and accelerators Hub features Top FinTech companies Hub profile Technologies SnapScan, RainFin, Yoco, Peach Payments, WizzPass, PriceCheck (acquired by M NASPERS), PayU. an a maG Mobile Big investors Mo Payment gateways ev xe icr Silvertree, NASPERS, Perry Blacher (Amadeus), Barclays Seeker Fund, 4Di Group, on JoziHub Blockchain Cim te OPEN Johannesburg Hasso Plattner Ventures. Gn yl o b a l F Digital identity it Cn es n t SW7 accelerator r eu 5p Jo9p The HUB Johannesburg APIs ho Success stories ar nnest Cloud computing and bu SnapScan has simplified the way consumers pay for items, using the prevalent rg architecture mobile phones. From parking guards to food trucks, this startup’s 20 000 QR Innovation areas payment codes are all over SA.. S ao Pa u l South Africa is a key FinTech Hub connecting the African continento The future nIn Digital retail banking with the rest of the global ecosystem. It is often an entry point for on io The South African startup community is becoming more attractive and palatable atINDEX SCOREv KYC international firms doing business on the continent. As there are a va ot to international investors. We expect more foreign venture capitalists to take ni o Back-office operations number of banking headquarters in South Africa, it is naturally a JakartanI ln abxeduc Banking-as-a-service risks here, thereby creating greater competition with existing South African VCs FinTech powerhouse. The startup community spans Johannesburg, olGnI45187rutlData analytics and ultimately better terms for startup founders. Johannesburg is expected to Cape Town, and beyond, where innovations are aimed at creating e Payments strengthen its bridges with Cape Town and build connections with the regional better services for low-income consumers, as well as for the47uBD and global FinTech community. Low Rankenisnio banked and underbanked.ssg Challenges Regulatory barriers tise Difficulty of securing visas Reper Poor IP laws for SA companies gulao ex Difficulty of SA companies tionty t imi getting money out of South rox Africa P Hub representative Techstars Formers Directoreign sto custo Jess WilliamsonartupsProximity t Data to be updated in full report (Sibos, October 2017) 87