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South Africa’s Fintech Scene: NjiaPay Raises USD $1 Million and 6DOT50 Enables Crypto Car Payments
NjiaPay, a South African fintech company, raised USD 1 million in a pre-seed funding round.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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DisrupTech Ventures Leads USD 1.7 Million Pre-Seed For Egyptian-Founded Crypto Startup
DisrupTech’s investment in Hamilton marks a strategic move beyond its focus on Egyptian fintech to the blockchain space and global markets.
- Categories
- Technology
- Region
- North Africa & Near East
- Tags
- blockchain, cryptocurrency, fintech, startups
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Juicyway Steps Out of Stealth with $3 Million to Simplify Cross-Border Transactions in Africa
P1 Ventures backs startup as it launches efficient currency exchange using stablecoin technology for individuals and businesses to participate fully in the global economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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HUB2 Banks $8.5 Million to Become the ‘Stripe for Francophone Africa’
Today, HUB2 operates as the backbone for 55 fintechs across French-speaking Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Hong Kong-Based West Data Group Breaks Ground on 20MW Bitcoin Mining Facility in Ethiopia
Bitcoin mining is an energy-intensive process, which makes countries with abundant, affordable electricity eye-watering prospects for investors.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Zimbabwe Plans to Come up With a Crypto Regulatory Framework
Zimbabwe has launched a public consultation on cryptocurrency, seeking feedback from crypto service providers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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African Tech Titans vs. Red Tape: How Striking the Right Regulatory Balance Can Advance the Continent’s Economic Future
Africa has emerged as a pivotal player in the global tech marketplace, with a digital economy that’s projected to grow to $712 billion by 2050. Yet according to Seyi Ebenezer at Payaza Africa Ltd., this potential is threatened by regulatory frameworks that struggle to keep pace with the rapid evolution of technology. He explores how overly stringent regulation is impeding business and economic growth in the region, and how regulators can foster innovation while protecting consumers and other stakeholders.
- Categories
- Finance, Technology
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Viewpoint: The Deaths of Effective Altruism
Sam Bankman-Fried is finally facing punishment. Let’s also put his ruinous philosophy on trial.
- Categories
- Investing, Technology
- Region
- Global
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