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Moniepoint, a Nigerian fintech company, has raised $110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to…
While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members could choose to continue it…
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan,…
Ivorian fintech startup Waribei raised $820,460 in pre-seed funding to expand its platform, which aims to streamline financial transactions for small businesses in Francophone West Africa. Waribei focuses on understanding…
Nigerian fintech startup Okra has entered the cloud infrastructure market in West Africa with its new subsidiary, Nebula. The move aims to diversify revenue and mitigate economic risks. Nebula offers…
The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital,…
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money,…
Vaneck, a global investment management firm, has announced the launch of a $30 million early-stage venture fund targeting fintech, digital assets, and artificial intelligence (AI) startups. Vaneck’s $30M Fund to…
Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon,…
Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System.…