Bitcoin News / Bitcoin.com - 3 years ago
A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company.
AI-Powered Financial Services
According to a report by Techcrunch, financial se...
Bitcoin News / Bitcoin.com - 3 years ago
A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust.
Partnerships Bet...
More / Etherum Reddit - 3 years ago
Facebook/Meta has been stealing the headlines lately but in my mind, it makes much more sense for the strong FinTech players to make the shift to Web 3. Obviously companies like Stripe and Plaid are centralized, but we would be kidding ourselves if...
Bitcoin News / Bitcoin.com - 3 years ago
Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed.
New Investors Participate in Latest Round
According to the report, thi...
Cryptocoins News / The Cointelegraph - 3 years ago
An $80,000 price target for Bitcoin implies 28% more upside from current levels — a move that would be highly favorable for altcoins as well. A favorable macro envi...
Cryptocoins News / The Cointelegraph - 3 years ago
Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company. MoonPay, a fintech startup...
Bitcoin News / Bitcoin.com - 3 years ago
According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as one of the reasons for the industry’s success in these coun...
Cryptocoins News / The Cointelegraph - 3 years ago
A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022. On Monday, the Hong Kong Monetary Autho...
Bitcoin News / Bitcoin.com - 3 years ago
Egyptian banks are reportedly on course to launch a $69.6 million fund which is earmarked to support the country’s fintech companies. According to a report, this fund is expected primarily to target the digital banking and financial services s...
Bitcoin News / Bitcoin.com - 3 years ago
The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for altern...
Bitcoin News / Bitcoin.com - 3 years ago
Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fint...
Bitcoin News / Bitcoin.com - 3 years ago
The cryptocurrency-infused financial tech company Revolut has announced it has purchased a Wework office with bitcoin. Revolut detailed that the office space in Dallas, Texas will house 300 employees to prepare for the company’s U.S. expansion...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. Sharjah, September 2021 – The Sharjah Research Technology and Innovation Park (SRTIP) issued its third Distributed Ledger Technologies license (DLT) to ZelaaPayAE. Focusing on numerous areas related to the exchange of value, Zel...
Bitcoin News / Bitcoin.com - 3 years ago
Nigerian fintech entrepreneurs have slammed the Central Bank of Nigeria (CBN)’s decision to select Bitt Inc as its fintech partner. They insist that the choice of Bitt Inc, a Barbados based firm, undermines central bank claims that it is &...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. Baanx, the fast growing B2B2C “Better than a Banking Platform” specializing in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-mil...
Bitcoin News / Bitcoin.com - 3 years ago
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during...
Cryptocoins News / The Cointelegraph - 3 years ago
With much of the Nigerian crypto market underground or peer-to-peer due to government restrictions, the country’s securities regulator is looking into ways to make investors safer....
Bitcoin News / Bitcoin.com - 3 years ago
The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As a technical partner, Bitt is expected to use its “technological competence and implementation e...
Cryptocoins News / The Cointelegraph - 3 years ago
The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April. Barbados-based fintech firm Bitt Inc will...
Cryptocoins News / The Cointelegraph - 3 years ago
The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures' Amelia Ng as CEO. United Kingdom-based multi...
Cryptocoins News / The Cointelegraph - 3 years ago
The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures’ Amelia Ng as CEO. United Kingdom-based multi...
Bitcoin News / Bitcoin.com - 3 years ago
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of te...