VISA has announced an exciting cohort of 22 innovative startups chosen for its 4th Africa Fintech Accelerator—a signal of rising momentum in the continent’s fintech ecosystem. Launched in 2023, this 12-week virtual accelerator is part of VISA’s broader commitment to invest $1 billion in Africa
The financial sector is undergoing a pivotal transformation. While digital financial services have revolutionized accessibility and convenience, they have also introduced challenges such as regulatory uncertainty, inefficiencies in cross-border transactions, fraud risks, and high costs that still li
Nigerian digital bank Carbon will resume card issuance in November 2024 after a six-month suspension, citing improvements in its system and customer demand. CEO Ngozie Dozie questioned card strategies amid rising costs, as Verve cards gain popularity.
Welcome to the wild world of DeFi, where liquidity is the lifeblood, and Uniswap V3 is the latest evolution in decentralized trading. If you’ve ever dipped your toes into the DeFi pool, you know it can be a bit overwhelming. But with Uniswap V3, you’re about to become the Michael Phelps of liquidit
Western Union, a global leader in money transfers, is now integrating stablecoins and blockchain technology to modernize its cross-border payment infrastructure.
Speaking in an interview with Bloomberg, Western Union’s CEO, Devin McGranahan, revealed that the company is actively actively
Circle has announced a significant milestone for the $USDC stablecoin, and for the future of stablecoin-powered payments. What began as a concept is now live – with the first transactions already processed on the Circle Payments Network (CPN), it’s officially a reality. Cross-border payments
Opera's payment platform, MiniPay, has exceeded 1 million users in Nigeria, Kenya, and Ghana within 5 months of its launch. Integrated into the Opera Mini browser, MiniPay allows low-cost, instant stablecoin transfers on mobile devices, backed by Google Drive for key management.
VISA has launched the VISA Tokenized Asset Platform (VTAP), enabling banks to issue and manage fiat-backed tokens on blockchains. The platform offers a sandbox for development, supports minting and transferring tokens, and aims for interoperability across blockchains.
The Tezos blockchain community hosted its first Ideathon in Kampala, Uganda, aimed at creating real-world solutions. Five innovative teams were selected to develop their ideas, vying for a funding prize of 1 million UGX from the Tezos International foundation.
PayCorp has launched CryptoExpress, an app that simplifies converting cryptocurrencies to cash for South Africans. It connects with crypto wallets, enables transactions at over 3,000 ATMs, and incorporates security measures, supporting Bitcoin, Ethereum, USD Coin, and Tether.