Africa Money & DeFi Summit West Africa Returns to Accra as Fintech, Web3, and Stablecoins Reshape Financial Systems
The third edition of Africa Money & DeFi Summit West Africa returns to Ghana on September 24–25, 2025, bringing together over 500 leaders across fintech, Web3, and decentralized finance. As West Africa continues its rise as a digital finance trailblazer, this high-impact summit builds on its reputation as a catalyst for driving business growth, investment,…
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Verto Launches New Bill Pay Feature for Global Businesses
Verto, a leading global B2B payments platform, announced the launch of a new accounts payable solution designed to significantly reduce the time, cost, and complexity of managing international business payments. Integrated into the Verto Accounts product, the feature directly addresses the inefficiencies and risks inherent in manual invoice processing, enabling finance teams to streamline operations…
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Visa Backs 22 African Startups in New Cohort to Power Fintech Growth and Inclusion
Visa has announced 22 participating startups for the fourth cohort (Cohort 4) of its program, spanning 12 countries. These startups aim is to tackle challenges in Africa’s fintech sector and promote financial inclusion and digital growth. They provide solutions in Small and Medium Business (SMB) digitization, lending, cross-border payments, payroll, business-to-business (B2B) payments, AI-powered payments,…
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HoneyCoin Raises $4.9M to Transform Stablecoin-Powered Payments Across Africa and Global Markets
HoneyCoin, a transformative global payment orchestration platform, announced a $4.9 million funding round led by the global venture firm Flourish Ventures. Flourish is joined by a dynamic mix of regional and global investors: Visa Ventures, TLcom Capital, Stellar Development Foundation, Lava, Musha Ventures, 4DX Ventures, and Antler. The new capital will accelerate the scale of…
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Luno Lists 44 Tokenised Blue-Chip US Stocks
South Africa’s leading crypto platform Luno has launched tokenised stocks and ETFs, offering South Africans easy access to 61 of the world’s most valuable US-listed companies and indices (44 available today, with the remainder launching shortly). Users can invest directly using rands through the Luno app without transferring funds offshore, having to use a complicated…
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Lipaworld Brings Stablecoin-Powered Finance To South Africa’s Informal Economy
As stablecoins gain global traction for their role in transforming cross-border payments, Lipaworld is helping bring this technology into everyday use across Africa. The venture-backed fintech platform has entered the South African market to support freelancers, immigrants, and informal businesses with faster, safer alternatives to conventional banking and remittance systems. Unlike speculative crypto products, stablecoins…
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Verto Launches New Auto Exchange Solution
Verto, a leading provider of global payment solutions, announced the launch of Auto Exchange, a new feature designed to help rate-sensitive customers secure their target foreign exchange (FX) rates without constant monitoring. This innovative tool allows users to set their desired exchange rate and trade amount within the Verto platform, enabling automatic execution when the…
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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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