Bitmama raises additional $1.65 million in pre-seed funding
Blockchain payments startup, Bitmama Inc., has raised an additional $1.65 million in pre-seed funding. This brings its total funding for this round to $2 million, having raised $350,000 10 months ago. The latest round is led by Unicorn Growth Capital and Launch Africa Ventures, with participation from Adaverse and follow-on from Flori Ventures, which led... Read Article →
Web 3 needs to be mobile-ready: A case for mass adoption
Article by Brian Kimotho, Chief Marketing Officer, Kotani Pay The internet as imagined by Tim Barnes in the late ’80s was a world wide web that is open, decentralized, and allowed information sharing across the globe. With this knowledge, the journey from Web 1 which was a read-only internet, Web 2, a read-and-write internet, towards... Read Article →
The Growth of Investment In African Crypto-Based Startups
The cryptocurrency space has become a hotbed for investments of all kinds. From regular people hedging against inflation by buying Bitcoin to major investors betting on the future of finance by providing capital for startups, a lot of money is pouring into crypto. The African continent has had its fair share of investments into new…
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How to Send Fee-less Tron Transactions
Original article by Bitpowr Tron is a popular blockchain-based operating system on which a user can create decentralized applications, and distribute media content. The TRX token on its own is used to gain access to certain features of the operating software that are available on the Tron Protocol. Therefore, the main purpose of the token…
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Kotani Pay partners with Tokpay, to enable off-ramp services to its users
Kotani Pay, a technology stack that enables blockchain protocols, dapps, and fintech companies to integrate seamlessly into local payment channels has announced a partnership with Tokpay, a DeFi neo-bank for for micro-finance and social protection programs in Sub-Saharan Africa. Acoording to Kotani Pay, the aim of this partnership is to provide off-ramp services to Tokpay…
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Central African Republic launches Sango Coin
The Central African Republic’s (CAR) adoption of digital assets and blockchain technology continues to gain new grounds as it introduces the national digital currency called “Sango Coin” which will complement its digital currency hub project—Project Sango. “Sango Coin will be the currency for the next generation,” President Faustin-Archange Touadera said in a statement made at…
AfricaBlog PostCentral African RepublicCryptocurrencyDigital CurrencyFaustin-Archange TouaderaSango Coin
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M-KOPA Expands to Ghana, Unlocking $10m in Credit for Customers
M-KOPA, a leading African fintech platform, today announced the official launch of its flexible digital financing model in Ghana following a successful pilot phase. The strategic move to expand its operations makes Ghana the second West African country for the company, strengthening its Pan-African footprint to provide financial and digital inclusion for underbanked customers. The…
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Mastercard to Buy Stake in MTN’s $5.2 Billion Fintech Unit
By Bloomberg Mastercard Inc. agreed to take a minority stake in the financial-technology business of MTN Group Ltd., Africa’s biggest wireless carrier, sending the telecom company’s stock up the most in three months. The size of Mastercard’s stake won’t be disclosed until the transaction closes, but MTN said Monday that the deal values the entire…
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MyCover.ai Secures $1.25M Pre-Seed Funding
MyCover.ai, the insurtech startup building Africa’s digital insurance infrastructure, has announced the close of a $1.25 million pre-seed funding round, today, led by Ventures Platform. The round included participation from Founders Factory Africa and TechStars, who are making a follow-on investment after the startup’s participation in its 2022 Toronto Accelerator program. MyCover.ai will use this capital injection to bolster its…
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