Opera, a global web innovator, unveils MiniPay – a blockchain-based wallet built on the Celo blockchain. Directly integrated into the Opera Mini browser, MiniPay makes it easier and more affordable for individuals across Africa to acquire and to send or receive stablecoins – simply by using mobile phone numbers. Leveraging the unique benefits of Celo’s…
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African tech innovators at the recent Africa Money & Defi Summit in Accra, Ghana proved that they are at the forefront of change on the continent, from fintech to agritech. PayBox is a fast growing African fintech start-up cross-border mobile growth engine enabling easy access to offline and online digital payment and business solutions “Africa…
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Hela Money, an African Crypto Neo Bank, and DeFi wallet, is bridging the gap in Africa between the traditional finance and decentralized finance ecosystem by developing an all-in-one blockchain platform that seamlessly handles financial needs such as payments, neobanking, tokenization, decentralized finance, wealth management and more. Over 400 million Africans are not only underbanked but…
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Hammer Technology Holdings, HMMR, recently announced that its flagship Fintech subsidiary, HammerPay, set to debut in Q4 2022, will launch a new mobile phone and web portal private digital e-wallet platform for market deployment in Africa. Powered by HammerPay, the Remittance Service Deliver Platform (RSDP) with its private digital e-wallet service will help banks, wallet…
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By: Ebenezer Ghanney, Co-founder and CEO of Wewire Africa. Cross-border payments have long been a challenge for individuals and businesses in Africa seeking to engage with tier-one countries such as the United States, the United Kingdom, and Europe. The complex web of regulations, high costs, and limited access to traditional financial services have hindered economic…
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Flash, Egypt’s new cashless payments app, has raised $6 million seed round to accelerate its product development and customer and business acquisition in the country. The round was led by Addition with participation from fintech venture capital firm Flourish Ventures and other strategic angel investors. Flash has also obtained approval from the Central Bank of Egypt in…
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Village Capital has announced 32 startups operating in Africa, Asia, and the Middle East have been selected to join the Financial Solutions for Migrants program, an accelerator for impact-driven startups developing digital financial inclusion solutions for migrants. The program which is funded by the Impact-Linked Fund for Gender Inclusive Fintech (ILF for GIF), managed by…
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Apis Growth Fund II, a private equity fund managed by Apis Partners LLP (“Apis Partners”), a UK-based asset manager, today announces its proposed investment of €29M (US$31M) in Baobab Payments GmbH (trading as Peach Payments), a rapidly growing digital payment service provider that enables online payments in Africa. Completion of the investment is subject to…
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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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