Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by…
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Future of finance: US banks partner with crypto custodians
Traditional financial institutions must work hand-in-hand with crypto custodians, sub-custodians and service providers moving forward.
Report: Blockchain and Crypto VC Investments Grew Almost Tenfold During 2021 in Latam
A new report issued by LAVCA, the Association for Private Capital Investment in Latin America, has found that the venture capital (VC) investment in the region has grown immensely compared…
Flutterwave Raises $250 Million in Series D Funding Round, Startup Now Valued at Over $3 Billion
Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to…
Arab Federation of Capital Markets Partners With UAE to Launch Blockchain Innovation Challenge
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC)…
Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks
The "Oracle of Omaha" now has more companies in his portfolio that have direct/indirect exposure to Bitcoin and similar cryptocurrencies.
Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency…
Tanzanian Fintech Raises $10 Million, Plans to Enter 12 More African Countries
A Tanzanian fintech startup revealed it has raised $10 million in its latest funding round and is planning to use the funds to finance an expansion into other African countries.…
Central Bank of Jordan Exploring the Possibility of Launching a CBDC
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national…
Study: US Financial Advisors Expect Proportion of Crypto Holding Clients to Increase by 60%
According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or…
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