Kenya Digital Exchange (KDX) will enhance the country‘s financial market infrastructure by offering a secure and fully regulated way to tokenise real-world assets.
Together, PayPal and TerraPay aim to make cross-border transactions across the Middle East and Africa faster, easier to use and more accessible.
Startup Nala, which specializes in cross-border payments, intends to raise $120 million in the next round of financing.
Crypto stablecoin issuer Tether has concluded an agreement with the African state of Guinea for the country to explore the adoption of blockchain and peer-to-peer technologies.
Affinity Africa, a Ghana-based digital banking platform, raised seed funding to provide affordable and accessible financial services to underserved and unbanked individuals and micro, small, and medium enterprises (MSMEs).
Collaboration with Nium will allow Ecobank’s 32 million customers to access faster and more efficient international transactions without complex integrations.
Mastercard is expanding its Product Express platform across Africa, the Middle East, Europe, North America, and additional markets in Latin America, enabling fintechs to launch card programs with speed, simplicity, and full transparency.
Vodafone will expand access to Google’s AI-powered Pixel devices with its fast 5G network and offer Google One AI Premium subscription plans, which include Gemini Advanced, in select territories by 2025.
Mastercard latest collaboration aims to enable businesses to leverage digital tools more easily, promoting financial inclusion by using affordable mobile devices powered by KaiOS.
JPMorgan Chase, the largest bank in the United States, is currently stepping up efforts to expand its business globally, intending to form an enhanced presence outside the domestic market.
Pan-African fintech and stablecoin platform Yellow Card integrates Fireblocks wallet to improve cross-border transactions for both businesses and individuals in Africa.
Tanzania’s fintech sector is experiencing a rapid advancement, driven by a combination of increasing mobile phone penetration, the introduction of innovative financial tools, and a regulatory environment that is supportive of these endeavors.
Africa’s emerging influence in the global blockchain industry is reflected in the continent’s highest-ever share of blockchain venture capital (VC) rounds on record.
The Paris-based venture capital firm Breega is setting up a $75 billion fund to invest in early-stage startups in Africa.
Ethiopia’s Council of Ministers has approved a bill according to which foreign financial institutions are granted the right to acquire stakes in the banks of this African country.
Mastercard and the African Development Bank Group have formed an alliance to provide access to critical services to 100 million people and businesses in Africa.
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