Flutterwave joins Africa Money and Defi Summit, Ghana 2022
Flutterwave is a leading technology company that enables businesses across the world to expand their operations in Africa and other emerging markets through a platform that enables cross-border transactions via one API. Flutterwave has processed over 200M transactions worth over USD $16B to date and serves more than 900,000 businesses including customers like Uber, Flywire,…
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Polygon joins Africa Money and Defi Summit, Ghana 2022
Polygon is the leading blockchain development platform, offering scalable, affordable, secure, and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone, and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 19,000+ decentralized applications hosted,…
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VerifyMe unveils new digital Identity and consumer analytics solution for businesses
Leading identity verification and e-KYC technology company, VerifyMe Nigeria, has unveiled QoreID, a dedicated digital identity, and analytics solution for B2B. QoreID will provide API infrastructure and data services that connect businesses to people and their information across Africa and remain a VerifyMe Nigeria company. Targeted at the medium and enterprise business segment, QoreID provides…
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What Does Ethereum’s Transition to PoS Mean for Polygon
Originally published by Polygon With Ethereum’s switch to proof of stake (PoS) slated for mid-September, Polygon thought it would be appropriate to take a moment and look around, to admire how far Web3 has come. Now is a time to celebrate the builders and dreamers who’ve worked relentlessly on the margins to summon a more…
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Zapper partners Stitch to offer one-click payments in South Africa
Zapper, a South African mobile payments company has partnered with payments and data API fintech Stitch (via LinkPay—a one-click payments product) to enable Zapper users to make instant electronic funds transfer (ETF) payments with a click. Zapper was one of the first players in South Africa’s mobile payments market and today enables merchants of all…
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Flutterwave Secures Switching and Processing License
The Central Bank of Nigeria has granted Flutterwave, an African payments technology company a Switching and Processing License (CBN)—widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer customers transaction switching and card processing services. Others include non-bank acquiring, agency banking, and payment gateway services. The Switching and Processing license allows…
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Rapid Rise of Fraud is Fuelling Interest in Liveness Detection Tech
Article by YouVerify Digital onboarding and passwordless authentication have become widely adopted, especially with the advancement of online transaction technology. However, it has also come with the downside of an increase in fraud. Despite there being KYC and AML measures, fraudsters are coming up with creative ways to beat the system, causing a rise in…
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Pezesha raises Pre-series A investment of $11 Million
Pan-African embedded finance Fintech, Pezesha, has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Banking Capital Partners II (WWBCP II), will see the company significantly scale operations in its core markets and grow…
Meta opens applications for the AR/VR Africa Metathon
Meta has announced that applications for the AR/VR Africa Metathon in partnership with Imisi 3D and BlackRhino VR are now open. The AR/VR Africa Metathon is a series of programmes and activations under the Meta global XR fund aimed at supporting African XR talents to build innovative solutions that demonstrate various use cases of the…
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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…
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