Nov 19, 2021 07:58 PM

Tech Insider: Tencent Leads Investment in South African Digital Payment Startup, TikTok Remains World’s Most Downloaded App

A vehicle fitted with Pony.ai’s autonomous driving technologies sits on display at the Shanghai International Import Expo in October 2020. Photo: VCG

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Tencent leads investment in South African digital payment startup

Chinese social media and gaming giant Tencent Holdings Ltd. has led a $48 million series B funding round for South African fintech startup Ozow, enabling the latter to provide more businesses and consumers across Africa with digital payment tools.

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