Search Results for "technologies" Query

Lipa Later Announces Partnership with Lami Technologies

Lipa Later Group, a buy now, pay later (BNPL) company today announced a partnership with Lami Technologies, an insurance technology company, that will offer its consumers access to reliable and affordable insurance against all products purchased using the Lipa Later platform. Founded in 2017, Lipa Later is a trusted BNPL company operating in Kenya, Rwanda,…

Read Article →
Liquid Intelligent Technologies expands operations to Mkushi

Liquid Intelligent Technologies, a business of Cassava Technologies in Zambia, is expanding its operations to Central Province by launching its first office in Mkushi. This launch will bring high-speed connectivity and a suite of intelligent technologies to the district for the first time. With the opening of this new branch in the country, the pan-African…

Read Article →
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…

Read Article →
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 currency liquidity and access to global financial systems are palpable,” said Mike Brock, CEO of TBD. “For these reasons, we are laser focused on building out the tbDEX ecosystem in Africa, which already includes Yellowcard, the largest and only licensed stablecoin on/off ramp on the African continent. Fast on the heels of our tbDEX SDK 1.0 release, adding Chipper Cash to our growing network will help to accelerate our work on global cross border payments and decentralized identity.” Chipper Cash extends the power of tbDEX across Africa As one of the largest fintechs in Africa, Chipper Cash already allows 5 million consumers to move money efficiently to over 21 African countries. And with over 1.2 million cards issued, Chipper’s integration represents the onboarding of one of the largest virtual card issuers in Africa. “At Chipper Cash, we're excited about the potential of tbDEX to revolutionize remittance flows into Africa,” said Maijid Moujaled, President and Co-Founder of Chipper Cash. “Remittances are a lifeline for many African families, but the costs of sending money to the continent remain among the highest globally. By plugging into an open protocol like tbDEX with numerous network participants, we believe we can, collectively as an industry, drive down these high costs and facilitate remittances in a more efficient, transparent, and compliant manner.” Accelerating the path to financial inclusion for small businesses While the initial collaboration will focus on enabling faster and less expensive consumer remittances, the two companies will also explore ways to empower small businesses. Chipper’s offerings for businesses already enable local and cross-border digital payments for underbanked SMEs across 40 different African countries, powering disbursements and collections from bank accounts, mobile money wallets and Chipper wallets. Leveraging verifiable credentials and decentralized identifiers to enable trust Chipper Cash will also leverage tbDEX to unlock trusted, compliant transactions with verifiable credentials (VCs) and decentralized identifiers (DIDs) in order to accelerate the onboarding and identity verification of consumers and small businesses. “Chipper is also excited to collaborate with TBD on the trust frameworks and innovative credential designs that underpin every financial transaction on tbDEX,” Moujaled said. “The idea that we can have a standardized and streamlined way to verify our identity on the internet can help make the world feel a bit more inclusive.”
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…

Read Article →
MNT-Halan Named Most Innovative Financial Technology Company in Both Middle East and Africa in Global Finance Awards
MNT-Halan Named Most Innovative Financial Technology Company in Both Middle East and Africa in Global Finance Awards

MNT-Halan, Egypt’s first unicorn and the country’s leading and fastest growing fintech ecosystem, has won Global Finance’s award for Most Innovative Financial Technology Company in the Middle East, and Most Innovative Financial Technology Company in Africa. The only company to win two awards out of the 18 winners, MNT-Halan appears alongside Revolut, the Bank of America,…

Read Article →
The Africa Money & DeFi Summit 2023: Catalyzing the Financial Revolution in Africa
The Africa Money & DeFi Summit 2023: Catalyzing the Financial Revolution in Africa

By TradingView The creators of the Africa Tech Summit are getting ready to organize the most eagerly awaited event of the year in the African financial sector: the Africa Money & DeFi Summit West Africa 2023. And to ensure the success of this event, the Africa Money & DeFi Summit has partnered with key players…

Read Article →
The Africa Money & DeFi Summit 2023: Catalyzing the Financial Revolution in Africa
The Africa Money & DeFi Summit 2023: Catalyzing the Financial Revolution in Africa

By TradingView The creators of the Africa Tech Summit are getting ready to organize the most eagerly awaited event of the year in the African financial sector: the Africa Money & DeFi Summit West Africa 2023. And to ensure the success of this event, the Africa Money & DeFi Summit has partnered with key players…

Read Article →
Transforming Cross-Border Payments: How Wewire Africa is Bridging the Gap from Africa to Tier One Countries

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…

Read Article →
African Fintech and Web3 Leaders to Convene at the Africa Money and DeFi Summit in Ghana
African Fintech and Web3 Leaders to Convene at the Africa Money and DeFi Summit in Ghana

The Africa Money and DeFi Summit, supported by Amazon Web Services, Pivo and Fonbnk, aims to connect African fintech and Web3 industries with international players and will take place in Accra, Ghana on October 3rd and 4th, 2023. With a focus on driving tech investments and fostering collaborations, industry experts, investors, regulators including Bank of Ghana,…

Read Article →
Moove Closes $8mn Financing from Absa
Moove Closes $8mn Financing from Absa

Moove, the world’s first mobility fintech, has secured USD $8mn in financing from Absa Corporate and Investment Banking (CIB), bringing its total funding to-date from the bank to USD $28mn. This follows Moove’s USD $20mn financing facility from Absa for its South Africa operations announced in June 2022. The new funding will play a crucial…

Read Article →
back to top