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Optasia Group

Coverage of Optasia Group in the Nexus archive.

Earliest in view: May 25 · 13:30 UTCMost recent: Jul 22 · 11:16 UTC
Co-mentioned in this coverage
Ethiopiaplace1Egyptplace1Salvador Angladaperson1AI-driven lendingtopic1Standard Bankorganization1Equity Bankorganization1Access Bankorganization1Johannesburg Stock Exchangeorganization1South Africaplace1algorithmic tradingtopic1market-access rulestopic1initial public offeringtopic1AI-powered fintechtopic1
Recent coverage
  • BUSINESSJul 22 · 11:16 UTCSEMAFOR
    Africa’s AI-driven lender to enter Ethiopia, Egypt

    Optasia, an AI-driven lending platform backed by a South African lender, is expanding into Ethiopia and Egypt, leveraging machine-learning algorithms to maintain a 1.2% default rate in credit-starved markets. The firm aims to address low private-sector banking credit in these countries, where traditional banks face higher default rates.

  • BUSINESSMay 25 · 13:30 UTCBLOOMBERG
    Top Africa Bourse to Tighten Algo-Trading, Market-Access Rules

    The Johannesburg Stock Exchange (JSE) plans to tighten algorithmic trading and market-access regulations. Optasia Group, an AI-powered fintech firm, made a successful debut on the JSE through South Africa’s largest initial public offering this year.