
Float and Adumo Partner to Offer Flexible In-Store Payments
Float, Africa’s first card-linked instalment platform, has announced a strategic partnership with Adumo, a leading provider of payment solutions in South Africa. This collaboration will offer consumers the option to pay in-store over four interest-free monthly instalments using the available limit on their credit card. This collaboration enables an improved shopping experience at a wide…
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Cross-border Payment Solution Verto Launches Verto Reserve
Verto, a leading global cross-border payments platform, announced the launch of Verto Reserve, a groundbreaking new feature that empowers businesses to earn interest on their holdings in G10 and African currencies regardless of their country of incorporation. Customers can now fully utilize idle funds sitting in various currency wallets and accounts, achieving interest earnings of…
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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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Mobile Money Surpasses Two Billion Registered Accounts and Over Half a Billion Monthly Active Users Globally
Mobile money reached two significant milestones in 2024, surpassing two billion registered accounts and over half a billion active monthly users across the globe. The industry took 18 years to achieve one billion registered accounts and 250 million active users from 2001, but doubled in size in the following five years. This is according to…
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Tether and Quidax Collaborate To Drive Blockchain Education in Africa
Quidax, Africa’s leading crypto exchange, has announced a strategic collaboration with Tether, the largest company in the digital asset industry. This collaboration aims to enhance blockchain education in Africa by equipping users with knowledge about Bitcoin and stablecoins, starting in Nigeria and Ghana. Through this collaboration, Quidax and Tether aim to empower over 15,000 people…
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PalmPay Joins Zone’s Regulated Blockchain Network to Enhance Payment Reliability
Zone, Africa’s fastest-growing payment infrastructure company, is pleased to announce that PalmPay, one of Africa’s leading fintech platforms for payment, has joined its decentralized payment network. This integration with Zone’s regulated blockchain network for payment enables PalmPay to fortify its payment capabilities, ensuring reliable, secure, and compliant transactions across its extensive network of 1,200,000 agents…
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African Tech Ventures Unlocking UK Capital Markets and Exits
Africa Tech Summit London returns for its eighth edition on June 7th, at London Stock Exchange (LSE), to drive investment and capital, while boosting business and connections between African and European stakeholders. The Summit, kindly supported by Amazon Web Services, IFC, London Stock Exchange, Tether Data, Madica VC, Verto, Goodwin, Department for Business & Trade, Flutterwave,…
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TBD Expands in Africa, Adding Chipper Cash to Growing tbDEX Ecosystem
TBD, part of Block, which is focused on creating open and decentralized technologies to connect the financial world, today announces that leading African fintech Chipper Cash has integrated with the tbDEX protocol to power cross border payments and decentralized identity use cases for individuals and businesses on the African continent. “Across Africa, the challenges of…
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