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Mastercard's crypto credentials P2P pilot program goes live
29.5.2024
The credit card company hopes to streamline transactions and limit user error through an alias credentialing system
Nigerian Payments Fintech Startup Cleva Secures $1.5 Million in Pre-Seed Funding
10.1.2024
The Y Combinator-backed Nigerian fintech startup has reportedly raised $1.5 million in pre-seed funding. Tolu Alabi, the CEO of Cleva, expressed confidence in her and fellow co-founder Philip Abel’s ability to navigate the competitive fintech market, citing their background as a factor that counts...
Cameroonian Fintech Startup Koree Secures $200,000 in Pre-Seed Funding
9.1.2024
The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for the purchases they make. Users Rewards...
Nigeria’s Fintech Startup Paystack Cuts Workforce, 33 Employees to Depart
18.11.2023
The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere....
Ivory Coast-Based Payments Fintech Secures $5 Million From Its Pre-Series A Funding Round
26.9.2022
The Ivorian payments financial technology (fintech) startup, Julaya, recently concluded its pre-Series A round with an additional $5 million capital raise. This brings to $7 million the total capital that the fintech startup, which specializes in business-to-business payments, has raised in this...
Brazilian payment app PicPay launches crypto exchange with Paxos
12.8.2022
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin
Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers
12.7.2022
Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay...
Innovation and experimentation: Spain’s blockchain sector in 2021
14.2.2022
Development of the Spanish blockchain and cryptocurrency industries continued apace in 2021
PayPal releases new consumer app for crypto, savings and direct deposits
21.9.2021
The app offers customers the ability to manage all PayPal-related transactions from a single dashboard
Visa to acquire cross-border payments fintech Currencycloud
22.7.2021
The lines between traditional payments networks and fintech continue to blur with Visa's acquisition of the London-based firm
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
27.1.2021
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance
Visa's foray into fintech provokes DoJ antitrust investigation
28.10.2020
U.S. authorities want information from Bain & Co about Visa's Plaid acquisition
New XRP Ledger Foundation gets $6.5 million in donations from Ripple and others
25.9.2020
The funds will be used to set up XRP Community Fund and improve XRP Ledger infrastructure
Payments Giant Visa Acquires Fintech Firm Plaid for $5.3 Billion
14.1.2020
Payments giant Visa acquired fintech firm Plaid for $5.3 billion in an effort to expand its business model
Bank to Basics: USC Project Seeks to Disrupt Traditional Wholesale Banking
10.6.2019
The USC project is set to have a big impact on wholesale banking: “We didn’t know if the characteristics were possible. The funding signals that it is possible”