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Paylend, a Kenyan FinTech Company Raises $2 Million Seed Investment From Next Chymia Consulting HK Limited
Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya have today announced that it has raised a $2 million dollars seed investment from Next Chymia Consulting HK Limited.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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How Blockchain Can Support Social Impact: Three Innovative Use Cases that Highlight its Potential
When it comes to blockchain technology, cryptocurrencies like Bitcoin seem to dominate the headlines, whereas blockchain itself – cryptocurrencies’ underlying technology – often gets overlooked. But according to Raj Jain at the Social Finance Fund, blockchain may actually have a more compelling future than cryptocurrency – and the technology is flourishing in a variety of different spaces, including the social impact sector. He highlights three organizations that are putting blockchain to innovative use in social impact.
- Categories
- Impact Assessment, Investing, Technology
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Analysis: How Blockchain Can Help in Africa’s Fight Against COVID-19 and Future Disease Outbreaks
The youthful populations of Africa and their embrace of the opportunities blockchain has to offer could help the continent in the fight against COVID-19 and future epidemics.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- blockchain
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DFS Lab and the Stellar Development Foundation Launch a Blockchain Bootcamp for African Startups, Offering Prizes up to 20,000 USDC for Most Promising Solutions
DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: How Decentralized Finance Will Transform Business Financial Services – Especially for SMEs
Uptake of DeFi in transaction banking could open up new capital opportunities for larger companies and increase liquidity for SMEs.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Blockchain Technology Has the Potential to Add $29 Billion to Nigeria’s GDP by 2030
Research by Enhancing Financial Innovation & Access finds that blockchain technology can address barriers to financial inclusion in Nigeria and substantially boost Nigeria’s economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: How Bitcoin Improves Financial Access and Inclusion
Bitcoin is, for many, the first opportunity to store wealth in a safe and secure manner, without outside manipulation, while facilitating financial inclusion.
- Categories
- Finance
- Region
- Global
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UNICEF Invests in Blockchain Startups for Financial Inclusion
UNICEF Venture Fund is awarding up to $100,000 to blockchain startups, including India’s GovBlocks, in its latest funding round. Here are the other projects.
- Categories
- Finance, Technology
- Region
- Global
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