AZA Finance Launches New Payout Corridors to Empower Businesses in Emerging Markets
AZA Finance, an African fintech company, is a global leader specialising in providing secure and efficient financial infrastructure for payments, foreign exchange, and treasury services. The company recently announced the continued diversification of its global offering by expanding into new corridors in key strategic frontier markets. This expansion includes the introduction of new payout corridors…
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Pennee: Is it good business to lend to Nigerian SMEs?
According to Pennee, access to funding seems to be the most difficult of running a small and medium-scale enterprise (SME) in Nigeria, even when the funds are available the interest rates are usually high. “There are a lot of opportunities on the continent [Africa] but capital is very difficult to come by.” — Tony Elumelu…
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Flutterwave Enables Google Pay for African Businesses
Flutterwave, Africa’s leading payments technology company, has announced Google Pay, a mobile payment service developed by Google, as a payment option for their clients. As part of this collaboration, Google Pay will be an additional payment option for merchants on Flutterwave for business. This collaboration will offer safe and seamless payments, as well as convenient…
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VerifyMe unveils new digital Identity and consumer analytics solution for businesses
Leading identity verification and e-KYC technology company, VerifyMe Nigeria, has unveiled QoreID, a dedicated digital identity, and analytics solution for B2B. QoreID will provide API infrastructure and data services that connect businesses to people and their information across Africa and remain a VerifyMe Nigeria company. Targeted at the medium and enterprise business segment, QoreID provides…
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GoGetta to facilitate global investment into African businesses
Quality African businesses with growth prospects that seek funding can now raise capital via an innovative crowdfunding platform, GoGetta. Local and international angel and venture capital investors can now select vetted opportunities and invest quickly and securely amounts of just R1000 or more to own shares in various African businesses. Sthembiso Zwane, co-founder of GoGetta…
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DeFi company, Stakefair, secures US$670k pre-seed to launch its business
Stakefair, a Decentralized Finance (DeFi) company has launched after securing US$670,000 pre-seed funding. Investors involved in the round include Adaverse, Nestcoin, Kepple Africa Ventures, Canza Finance, Voltron Capital, Echo VC Chain, Timi Aboyeji, Tomiwa Olaosebikan, Peter Kisadha, Saturn Blockchain Ventures, Thrive Africa Syndicate, Nehikhare Igbinijesu, Oluchi Enebeli, and Clement Hugbo. The funds will be channeled…
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Amazon Web Services Opens Applications for the 2025 Generative AI Accelerator to Support Startups Building Foundational AI
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today opened applications for the third cohort of the AWS Generative AI Accelerator (GAIA), an eight-week global program designed to scale early-stage startups building foundational generative AI technologies. Forty promising startups from around the world will be selected for this year’s program, which kicks…
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VALR and MoonPay Announce Integration to Enhance Global Crypto Access
VALR, Africa’s largest cryptocurrency exchange by trade volume, and MoonPay, the global leader in crypto payments, today (10 June) announced their integration to streamline fiat on- and off-ramps for users in over 180 countries. This partnership enables VALR to support 34 fiat currencies, including KES (Kenyan Shilling), NGN (Nigerian Naira), IDR (Indonesian Rupiah), TRY (Turkish…
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Tether Invests in Shiga Digital to Strengthen Africa’s On-Chain Financial Ecosystem
Tether, the largest company in the digital asset industry, today announced a strategic investment in Shiga Digital, a modern platform that offers pan-African access to blockchain-based financial solutions, usable in the real world and easily accessible. Shiga Digital offers virtual accounts, OTC services, treasury management, and foreign exchange (FX) services tailored to African enterprises. This…
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