Celo joins Africa Money and Defi Summit, Ghana 2022
Celo is a mobile-first open source ecosystem of technologies, organizations and individuals that share a common mission of building a financial system to create the conditions for prosperity for everyone. The Celo ecosystem includes a decentralized, proof-of-stake blockchain technology stack (Celo Platform), a native asset (CELO), three stablecoins (cUSD, cEUR, and cREAL) and the Celo... Read Article →
QoreID joins Africa Money and Defi Summit, Ghana 2022
QoreID provides an easy to integrate, trouble-free and dependable products delivered as APIs, SDKs or Workflows to help customers focus on building their business. They make it super easy for people to securely onboard and get to know their customers intimately, laying a good foundation for businesses to build products and connect with their customers... Read Article →
Zeepay joins Africa Money and Defi Summit, Ghana 2022
Zeepay is the fastest growing wholly Ghanaian-owned fintech in Ghana focusing on digital rails to connect digital assets such as mobile money wallets, cards, ATMs, Bank Accounts and Digital tokens to International Money Transfer Operators, Payments, Subscriptions, International Airtime and Refugee payments. This is an effort to promote and improve financial inclusion which in turn... Read Article →
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 →
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…
Visa launches operations in DR Congo
Visa Inc. the global payments technology company, has outlined its commitment to expanding digital payments in the Democratic Republic of Congo by establishing local business operations and working closely with the government and financial ecosystem to bring the benefits of digital payments to consumers, merchants, and partners. Visa marked the official opening of its Kinshasa…
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Workpay: Hiring Remote African Teams Gives You an Advantage
original post by Workpay The world of work has tremendously changed in recent years. The COVID-19 pandemic impacted the global labour market in 2020, and although it had negative consequences in the short term, it also accelerated the disruption of technology at work. As a result, more companies are hiring teams across the world. African…
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Nigeria: Pastel has raised $5.5M in its SEED round
Nigeria’s Pastel, formerly Sabi Cash, has raised $5.5M in a SEED round led by TLcom Capital with participation from Global Founders Capital (GFC), Golden Palm Investments, DFS Labs, Ulu Ventures, Plug and Play, and SOMA Capital. Founded by Abuzar Royesh, Olamide Oladeji, and Izunna Okonkwo, Pastel is on a mission to build digital tools to…
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