
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…
Read Article →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…
Read Article →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…
Read Article →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…
Read Article →Verto, a United Kingdom-based business-to-business cross-border payments platform, has been announced as the Grand Prize winner of the Milken-Motsepe Prize in FinTech. The prestigious $1 million award that recognises companies expanding access to capital and financial services for small businesses in emerging and frontier markets, was presented at the Milken Institute Global Conference in Los…
Read Article →The global financial landscape is at a crossroads. While digital financial services have brought convenience and accessibility, they have also introduced new challenges—ranging from regulatory uncertainty to inefficiencies in cross-border transactions to fraud risks, while still limiting affordability for many due to high costs. A groundbreaking whitepaper, Regulated Blockchain: Infrastructure for regulated DeFi: Foundation for…
Read Article →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…
Read Article →The third CV VC African Blockchain Report in partnership with Absa Group affirms the growing impact of blockchain technology on Africa’s resilience during global macroeconomic and sociopolitical shifts. According to the IMF World Economic Outlook, nine of the top twenty fastest-growing economies in 2024 are African nations. This report underscores blockchain’s contribution to driving African economies forward. The technology’s…
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