FINTECH AFRICA | Nigerian Fintech, Carbon, Set to Resume Card-Issuing Services After Increased Customer Demand

Nigerian digital bank, Carbon, will resume its card issuance in November 2024, six months after suspending the service. According to a local report, the decision was driven by improvements to…

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MILESTONE | South African Leading Crypto Exchange, VALR, Doubles User Base in 2024 Surpassing 1 Million Users

VALR, the Pantera-backed South African crypto exchange, and the leading crypto trading platform in Africa by trade volume, announced today that its user base has doubled in 2024, surpassing the…

Continue ReadingMILESTONE | South African Leading Crypto Exchange, VALR, Doubles User Base in 2024 Surpassing 1 Million Users

MILESTONE | South African Leading Crypto Exchange, VALR, Doubles User Base in 2024 Surpassing 1 Million Users

VALR, the Pantera-backed South African crypto exchange, and the leading crypto trading platform in Africa by trade volume, announced today that its user base has doubled in 2024, surpassing the…

Continue ReadingMILESTONE | South African Leading Crypto Exchange, VALR, Doubles User Base in 2024 Surpassing 1 Million Users

LIST | Here Are the 6 South African Startups Selected for the 2024 ‘Google for Startups’ Accelerator Africa: Black Founders Programme

Google has selected six startups for the 2024 cohort of the ‘Google for Startups’ Accelerator Africa: Black Founders Programme. In October 2024, Google extended an invitation for Black-owned South African…

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AfCFTA | ‘PAPSS Can Save African Countries $5 Billion in Processing Costs By Eliminating Dollar Use in Cross-Border Trade,’ Says Africa’s Largest Bank

The Pan-African Payments and Settlement System (PAPSS) can save the continent as much as $5 billion in processing costs by eliminating the dollar in cross-border African transactions, says the head…

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CBDC | Bank of Ghana Wins Innovation in Digital Currency Design for Financial Inclusion at 2024 Currency Research Awards

The Bank of Ghana (BoG) has won the prestigious ‘Innovation in Digital Currency Design for Financial Inclusion’  at the 2024 Payment, Innovation, and Technology Week by Currency Research. According to…

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FUNDING | Nigerian Blockchain Startup, Zone, Raises $8.5 Million, Aims to Expand Use Cases and Technology

Zone, a Nigerian blockchain startup facilitating payment processing for banks and fintechs, has secured $8.5 million in its first venture capital funding round since becoming an independent entity in 2022.…

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FUNDING | Nigerian Blockchain Startup, Zone, Raises $8.5 Million, Aims to Expand Use Cases and Technology

Zone, a Nigerian blockchain startup facilitating payment processing for banks and fintechs, has secured $8.5 million in its first venture capital funding round since becoming an independent entity in 2022.…

Continue ReadingFUNDING | Nigerian Blockchain Startup, Zone, Raises $8.5 Million, Aims to Expand Use Cases and Technology