Four fintech companies claim R1.3bn in compensation from cash-strapped NSFAS

Author: Prega GovenderPublished on: September 1, 2026Country: South Africa
Business & Economy
Four fintech companies claim R1.3bn in compensation from cash-strapped NSFAS

Four fintech companies have filed a claim for R1.3 billion against NSFAS, which is currently facing financial difficulties. These companies argue that NSFAS has failed to meet its contractual obligations, resulting in significant financial losses. The situation raises concerns about NSFAS's financial viability and its impact on students.

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