VALR, a crypto exchange in South Africa, has received Category I and II licenses from the FSCA, making it one of the first regulated crypto asset platforms in the country. This approval enhances customer protection and regulatory compliance, promoting trust in the crypto industry.
Nigerian fintech startup Opay has seen a 30% increase in valuation, reaching $2.7 billion since its 2021 Series C funding round. Its services and agent banking model significantly boosted its user base and revenue in 2023, aided by a currency shortage in Nigeria.
VISA will launch a stablecoin pre-funding pilot through Visa Direct at SIBOS 2025, enhancing global cross-border payments by offering faster, smarter liquidity and modernizing treasury operations for businesses.
BridgeCard, didirikan bersama oleh Owumi Festus dan Tunde Adewole, adalah aplikasi fintech yang mengkonsolidasikan akun keuangan pengguna untuk transaksi yang lancar. Terpilih untuk batch S22 Y Combinator, perusahaan ini mengumpulkan dana sebesar $440.000 untuk meningkatkan platform dan basis penggunanya.
a16z’s Crypto Startup Accelerator (CSX) Spring 2024 program is set to kick off this week in London, marking the beginning of an intensive 10-week journey for 25 promising early-stage startups in the crypto space, the company said in a blog post. The startups were selected from a highly
Ethiopia meluncurkan Strategi Pembayaran Digital Nasional dan sistem EthioPay untuk meningkatkan keuangan digital dan memfasilitasi perdagangan di bawah AfCFTA. Inisiatif ini bertujuan untuk meningkatkan inklusi keuangan dan mengurangi hambatan bagi kelompok yang kurang terlayani.
YellowCard has received a Virtual Asset Provider license in Botswana, marking a significant milestone as the first licensed crypto exchange in Africa. This follows a $40 million Series B fundraiser, indicating strong growth and future potential in the region's cryptocurrency market.
South African payments infrastructure startup, Stitch, has secured $55 million in a Series B funding round. This brings its total capital raised to $107 million in under four years. The new funds will support the expansion of its in-person payment solutions, enhance its online payments platform, an
Smile Identity, one of the leading providers of digital identity verification solutions for Africa, has announced that it has secured $20 million in Series B funding. The round was Co-led by: Costanoa and Norrsken22 with additional new investments from: Commerce
Nigeria's fintech firms Accelerex and ITEX have integrated with Zone's regulated blockchain payment infrastructure, enhancing transaction efficiency, security, and compliance while addressing challenges like fraud and delays in the country's POS ecosystem.
Months after launching a global search for its first Chief Executive Officer, nonprofit Bitcoin development fund Btrust has officially appointed Abubakar Nur Khalil, a Nigerian Bitcoin Core contributor and advocate for open-source development, as CEO. The November 2025 appointment follows a
Empowa, a Mozambican startup, secured ₳1,835,000 from the Cardano community to create RWA tokens aimed at affordable housing. Collaborating with Kenya's NSE, the project targets the informal market facing mortgage challenges.