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Nigerian fintech startup Mines plans expansion after $13m funding round
Nigerian fintech startup Mines is planning to expand to other African markets, as well as some in Southeast Asia and Latin America, after securing significant funding last month.
- Region
- Sub-Saharan Africa
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Paystack, with ambitions to become the Stripe of Africa, raises $8M from Visa, Tencent… and Stripe itself
Paystack, a Stripe-like startup out of Lagos that provides online payment facilities to merchants and others by way of an API and a few lines of code, is announcing that it has raised $8 million in a Series A round of funding.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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The battle for Africa: Can Cardano (ADA) Overpower the World’s First Mobile Money Payment System?
The blockchain is perfectly poised to take over developing markets in Africa, Central Asia, South America and other developing areas as the Cardano blockchain offers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Google For India: Big push for regional languages, financial inclusion
Google for India: Google rebrands Tez payment app as Google Pay with deeper integration with online and offline retailers as well as access for instant loans via the Bhim UPI.
- Categories
- Finance, Technology
- Region
- South Asia
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Interest in Cryptocurrencies on the Rise in Latin America
In hyperinflation-crippled Venezuela, privacy-focused cryptocurrency Dash is rising in popularity among locals with some 200 merchants and thousands of wallet downloads per month.
- Categories
- Finance, Technology
- Region
- Latin America
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Amazon India’s Fintech Play
The ecommerce behemoth is making strategic investments to build an ecosystem of financial products and services to take on Flipkart and Paytm.
- Categories
- Finance, Technology
- Region
- South Asia
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African microlender OKash integrates facial recognition to prevent fraud
A recent report by Financial Sector Deepening suggests that 73 percent of Kenyans have a mobile money account, and the country has one of the world’s fastest-growing digital economies, according to TUKO, but mobile money fraud has become a widespread problem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenyan fintech Lendable secures $450k grant from Dutch development bank FMO
The convertible grant is being provided by the Dutch government through its MASSIF fund — which FMO manages. The fund aims to support small businesses, inclusive enterprises, women as well as youth entrepreneurs by financing local financial intermediaries and other institutions that contribute to development.
- Categories
- Finance