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African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm Now Valued at Over $2 Billion
4.11.2021
Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led...
Digital Yuan to Promote International Use of Chinese Currency, Experts Say
30.7.2021
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct...
Everyone's talking crypto for solving sub-Saharan Africa's payments problems
3.12.2020
Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth
Crypto cross-border payments, explained
20.11.2020
What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers?
Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances
15.10.2020
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network
Ripple Sued by 13 Australian Banks for Trademark Infringement
29.8.2020
Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied...
60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments
13.8.2019
Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain