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Nalezeno "AI startup": 1639

Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding


Connect Money, an Egyptian fintech startup, recently secured $8 million in seed funding. The company plans to launch new business verticals using this investment. Connect Money aims to become the go-to platform for businesses seeking seamless banking services. Successful Capital Raise Demonstrates...

Pyypl and Visa Partner to Boost Financial Inclusion in MEA With Prepaid Cards


Pyypl, a fintech company operating in the Middle East and Africa (MEA), has partnered with Visa to introduce virtual and physical prepaid Visa cards via its mobile app. This strategic collaboration aims to enhance financial inclusion across the region, providing underserved populations with greater...

Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding Round


The Egyptian fintech startup Sahl has raised $6 million through a Series A funding round. The startup is set to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. Sahl’s Strategic Partnerships The Egyptian fintech startup Sahl...

Nigerian Startup Zone Launches Blockchain-Powered Point-of-Sale Gateway


A Nigerian payments company recently announced the launch of a blockchain-powered point-of-sale payment gateway. This gateway facilitates transaction routing to issuers and aims to prevent chargebacks or chargeback fraud by promptly reimbursing customers for unsuccessful transactions. Eliminating...

Crypto Startup Funding Hits $2.4 Billion in Q1


Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from...

Ripple’s CTO David Schwartz Sheds Light on XRP Sales Strategy


Prominent blockchain startup Ripple came under scrutiny for selling more XRP tokens than ever before. But David Schwartz, the Chief Technology Officer (CTO) of Ripple, recently explained why the business was liquidating its XRP holdings on May 19. The post Ripple’s CTO David Schwartz Sheds Light...

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