In a major nod to Africa’s rising crypto innovation scene, Circle has awarded grants to five African blockchain projects in the fourth cohort of its USDC Developer Grants Program. The announcement marks the region’s best performance yet in the program, which has now funded over 60 teams globally sin
NALA, currently one of the most successful fintechs across Africa, has disclosed that it is building infrastructure for on-and-offramp for stablecoins and fiat conversions for its customers. While announcing record revenue for its payment platform, Rafiki, NALA CEO, Benjamin Fernandes, said the
Starting January 29, 2024, Google will allow ads for U.S. 'Cryptocurrency Coin Trusts,' defined as investment products holding digital currency reserves. These trusts must register with the SEC and undergo certification.
Africa is emerging as the focal point of remarkable expansion, and is anticipated to evolve into the fastest-growing fintech market from 2023 to 2030. Recent findings from the 21st annual Global Payments Report by Boston Consulting Group (BCG) indicate that global payments revenues experienced a re
Dr. Ming Wu, Co-Founder of Conflux Network, was invited to Hong Kong to speak with various government and private organizations about the digital economy, innovation and technology, and has reached an initial strategic cooperation intention. Conflux is already in the process of registering
MNT-Halan has acquired Tam Finans, a notable Turkish finance company, leveraging its recent funding to enhance its offerings. This merger aims to boost financial access, capitalizing on both Egypt and Turkey's economic potential.
VALR, the largest South African crypto exchange by trading volume, has partnered with CryptoConvert to make VALR payments available at all Pick n Pay tills throughout South Africa. This means all VALR customers will be able to use VALR Pay to spend Bitcoin for the purchase of goods and services at P
Safaricom has set a 3-year limit on redeeming its loyalty program, Bonga Points, due to increasing unclaimed points, now worth $36 million. Users can now redeem points for various products, including airtime and plane tickets, to enhance engagement and revenue recognition.