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Report: South African Digital-Only Bank Launches Crypto Payments Gateway
6.12.2022
A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of the digital-only bank, said the “new gateway...
Crypto Adoption: These Crypto Companies Just Partnered with Fintech Unicorn Stripe For Its Fiat-to-Crypto On-Ramp Solution
2.12.2022
Blockchain-based music streaming platform Audius, NFT marketplace Magic Eden, and crypto wallet provider Argent, along with 13 other crypto projects have partnered with Stripe to use its fiat-to-crypto on-ramp for instant settlement of crypto.
In a Thursday blog post, Stripe announced...
Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round
30.11.2022
Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where...
Blockchain-based fintech company prepares to enter $500B freight settlement market
29.11.2022
Although rare, real-world blockchain utility does exist, now evidenced by one company’s efforts to reduce transactional fees in supply chains
Tokenized government bonds free up liquidity in traditional financial systems
28.11.2022
There are a number of benefits associated with tokenized government bonds, yet adoption may take time
Report: Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20%
28.11.2022
As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its workforce. Despite the layoffs, Quidax reportedly told its customers it is ‘not going anywhere...
Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities
23.11.2022
Rising from the ashes of old crypto exchanges, a new paradigm arises
Australia's Markets Watchdog Sues Fintech Company Block Earner
23.11.2022
Australia's markets regulator, ASIC, is suing the company for allegedly providing financial services that should be licensed, leaving "consumers without important protections."
Cardano to launch new algorithmic stablecoin in 2023
21.11.2022
'Djed' is set to go live in Jan. 2023, after a successful audit and a series of rigorous stress tests
Banks still show interest in digital assets and DeFi amid market chaos
18.11.2022
Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions
Defi Chain Co-Founder: FTX’s Collapse Has Rekindled Interest in Defi and Associated Products
18.11.2022
According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s...
Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa
18.11.2022
Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” The evolution of Ripple’s partnership with MSF Africa, which has...
Fintech Firm Qenta to Go Public Through SPAC Merger
10.11.2022
Qenta, a fintech firm that tracks precious metals using blockchain technology, will be listed on Nasdaq following a merger with special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition Corp
Egyptian Fintech Raises $31 Million in Series B Funding Round
10.11.2022
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s...
Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round
9.11.2022
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology....
OCC makes its staff available for fintech-related discussions
4.11.2022
The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023
Fintech argentina Ualá habilita la compraventa de bitcoin y ether
4.11.2022
El servicio estará disponible para 4,5 millones de usuarios en el país sudamericano en las próximas semanas
Argentine Fintech Uala Launches Bitcoin, Ether Trading Feature
4.11.2022
The service will be available to 4.5 million users in the South American country in the coming weeks
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
4.11.2022
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand...
Singapore bank DBS uses DeFi to trade FX and state securities
2.11.2022
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore