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South Africa Becomes First African Nation to Get Google Wallet
South Africa's rising trend of contactless payments has been given another boost with search giant Google launching its Google Wallet service.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Identitypass, an Identity Verification API for Africa, Raises $2.8 Million Seed Funding
Addressing the need for fintechs and digital businesses in Africa to perform stringent KYC and verification checks on their customers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Stax Gets $2.2M for Its App That Lets Africans Make Transactions via Automated USSD Codes
Stax, a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes, has raised a $2.2 million seed extension round.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Led by Three South African Based Entrepreneurs, Stitch Announces $21 Million Series A
API fintech company Stitch, announced a $21 million Series A funding round, led by The Spruce House Partnership.
- Categories
- Entrepreneurship, Finance
- Region
- Sub-Saharan Africa
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Grab Acquires Jaya Grocer to Expand Its On-Demand Grocery Delivery in Malaysia
The deal enables Grab to bring more Jaya Grocer retail stores onto its marketplace and leverage Jaya Grocer's large supplier network further to expand its GrabSupermarket
- Categories
- Investing, Technology
- Region
- South Asia
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The Ins and Outs of Launching a Digital Savings Product in Kenya: Regulatory Guidance for Fintech Startups
Kenya is among the most advanced markets in the world in terms of fintech innovation and digital financial services. But according to Abby Butkus at BFA Global's Catalyst Fund, this innovation has yet to extend to digital savings, where the uncertain regulatory environment requires startups to be creative in their approach. She discusses four ways startups are approaching the regulatory process for their digital savings products, and shares a set of guides Catalyst Fund has released to aid founders in navigating the regulatory environments in Kenya and other countries.
- Categories
- Finance, Technology
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Analysis: Zimbabwe Cracks Down on Currency Dealers on Social Media and Mobile Money Platforms
With the government cracking down on mobile money, the country’s financial woes may just worsen.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: Meeting the Crypto Regulatory Challenge
Cryptocurrency adoption has soared during the COVID-19 pandemic, as everyone from private investors and public companies to underbanked individuals realised the benefits of digital currencies.
- Categories
- Finance, Technology
- Region
- Global
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