SA’s Abela provides secure payment platform to the informal economy
South African startup Abela is supporting the informal economy with the same autonomy and security that banks offer to the formal economy via a QR code-enabled system. Launched in August 2020, Abela started as a QR code-enabled payment platform offering users without a bank account the ability to receive tips and payments digitally. Since then, it has broadened its approach to include the entire informal economy.