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Nalezeno "fintech": 1446

Tanzania Fintech Startup Nala Secures $40 Million via Series A Round 

11.7.2024
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital firm Acrew Capital. The funds will be used to bolster Nala’s business-to-business (B2B) payment platform and support its overall growth plans. New Funding...

The Fintech Talents Festival is changing

8.7.2024
The Fintech Talents Festival has a new name: The FTT Fintech Festival But change is relative, and context is everything. When the Festival launched, we wanted to make sure that talent sat at the heart of the content, communities, and experiences we created. And that has, indeed, always been...

Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding

28.6.2024
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

27.6.2024
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...

Australian Bank Halts Development of ETH-Based Stablecoin

20.6.2024
The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than...

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 

15.6.2024
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies...

UK’s crypto manifesto to lead in fintech, online assets & tokenization

14.6.2024
UK has come out with its Stand with Crypto manifesto, suggesting the island country to be projected as a top player in fintech, online assets, and tokenization for increasing investments, impacting productivity, as well as overall growth and the UK economy in general.  This is taking place at...

Kenyan Central Bank to Issue Licenses to Fintech Firms

14.6.2024
The Central Bank of Kenya is amending the country’s payment systems law, which will allow it to issue operating licenses to fintech startups. Governor Kamau Thugge said he expects the bank to complete the process of amending the law soon. Central Bank Aims to Support Fintech Startups The Central...

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

13.6.2024
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 Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover

11.6.2024
In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned Binance executive, is being held hostage by...

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