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Revolut secures UK banking license after three-year wait
25.7.2024
Revolut secured a UK banking license after a three-year regulatory process, marking a significant milestone in its expansion and solidifying its position in the home market
Mercury Bank Blocks Fintech Founders From Nigeria, Ukraine, and a Dozen More Countries
24.7.2024
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this decision impacts customers whose deposits constitute less than 1% of Mercury’s...
Nigeria to train 1,000 youths on AI, blockchain every year
24.7.2024
The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation
Nigeria to train 1,000 youths on AI, blockchain every year
24.7.2024
The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation
South African Startup Neonomad to Launch Rand-Backed Stablecoin
24.7.2024
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...
Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
23.7.2024
Revolut has been in talks with investment firm Greenoaks over the deal, which would pave the way for a potential IPO
iFX EXPO International 2024: The Ultimate Event for FX and Fintech Leaders
22.7.2024
iFX EXPO International 2024 has once again cemented its status as the online trading industry’s supreme stomping ground for pros and leaders from both FX and fintech. The event was a beacon for business collaboration and networking – a haven for growth and development for participants...
Singapore commits $74.3M for quantum and AI in finance
22.7.2024
MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding
Nigerian crypto star out on bail following police detention
20.7.2024
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector
Nigerian crypto star out on bail following police detention
20.7.2024
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector
HK bank supports nation's regulatory goals with reserve services
19.7.2024
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies
South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab
18.7.2024
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global network of compliant companies. New Investment...
Nigeria begins review of its blockchain technology policy
17.7.2024
The steering committee’s work is actively toward Nigeria taking a leadership position in African blockchain development
Nigeria begins review of its blockchain technology policy
17.7.2024
The steering committee’s work is actively toward Nigeria taking a leadership position in African blockchain development
EU Stripe clients now have crypto purchasing power: Report
16.7.2024
Stripe has expanded its cryptocurrency integration in the European market, allowing EU clients to purchase cryptocurrencies using their credit or debit cards
Transforming Crypto Payments: Bitvium Brings Light to Next-Gen Fintech Solutions
15.7.2024
PRESS RELEASE. A radical challenge in crypto payments is constant security problems, such as phishing scams and poor user experience. In this decade, users should never have to worry about those dangers, which makes Bitvium’s market offering distinctive. Bitvium is a trailblazing fintech...
JP Morgan-backed blockchain firm ‘Partior’ closes $60M series B
13.7.2024
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek
JP Morgan-backed blockchain firm ‘Partior’ closes $60M Series B funding
13.7.2024
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek
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...
Nigerian minister urges SEC to tackle crypto regulation challenges
10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated