The Evolution Of International Payments & Remittances
Panel Session on Insights from The Evolution Of International Payments & Remittances at the Africa Money and DeFi Summit, part of Africa Tech Summit Nairobi 2022. The panelist discuss the importance of customer plans with reference to cost, and speed of delivery, highlight effective customer acquisition strategies, barriers to growth and what approach the key... Read Article →
Neo Banking for Africa
Panel Session at the Africa Money and DeFi Summit, part of Africa Tech Summit Nairobi 2022. Panelists discuss insights and discussions around the rise of Neo banks and how technology is digitizing and disrupting the traditional banking system in Africa. Panelists: Tobi Amira – COO – TeamApt Inc. Dan Tumuramye – Country Director – Uganda... Read Article →
Youverify extends its seed funding by $1M as it expands into new African markets
Youverify, a San Francisco-based identity verification company helping African banks and startups automate Know Your Customer (KYC) and other compliance procedures, today announced that it has secured a $1M seed round extension. After initially raising $1.5M in 2020, the Company extended the seed round, raising an additional $1M, bringing the total amount raised to $2.5M….
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Norebase partners with Mercury to offer its users a banking stack for startups
Norebase, an African startup that allows entrepreneurs to start businesses and expand into other markets, has announced its partnership with Mercury — the fintech company building a banking stack for startups — to give its clients looking to incorporate to the U.S an all-in-one neo banking experience. Norebase has stated that this partnership with Mercury, will…
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Lami Technologies Raises US$3.7mn Seed Extension
Kenya-based startup Lami Technologies has raised a US$ 3.7m seed extension to expand its insurtech product across Africa. The extension was led by Harlem Capital, an early-stage venture firm that invests in seed-stage tech-enabled startups, focused on minority and women founders. Participating in the round were early-stage venture capital firm, Newtown Partners; Peter Bruce-Clark, a…
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Crypto is Changing the world of payments and remittances in Africa
I was shocked when I got to the bank and heard an attendant tell a distressed customer that they could not send money out of Ghana using Western Union. But, even though the situation was disturbing, it assured me that cryptocurrencies would fit in here and adoption needed to happen quickly. In this article, we…
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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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Polygon announces Acentrik by Mercedes Benz Is On Polygon Mainnet
Acentrik, a strategic initiative by Mercedes-Benz, is now deployed on Polygon Mainnet as part of its enterprise release. Powered by Blockchain Technology, Acentrik is a decentralized data marketplace developed by Mercedes-Benz, using Ocean Protocol technology – facilitating data sharing and monetization for enterprises across domains. Through tokenization of data assets, secure access of data on…
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African Metaverse Opens Up to the World
Africarare Africa’s first metaverse has opened up to the world and is poised to unlock African creativity and connect Africa to the global digital economy. At a recent event in Johannesburg, plans were announced for commercialisation of the 3D virtual reality experience, that is set in Ubuntuland, a virtual world that marries creativity, cryptocurrency, and... Read Article →
Cardano Accelerator Adaverse Invests in Afriguild’s Mission to Onboard Africans Into Web3
Adaverse, a Cardano ecosystem accelerator set up to encourage the growth of Web3 crypto-native enterprises in Africa, announced its investment into a seed funding round for Afriguild, a blockchain gaming guild-turned DAO (decentralized autonomous organization) providing opportunities for Africans through gaming, education, and community building. Adaverse and EMURGO Africa have joined other notable investors in this…
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