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Flutterwave Secures Payment Services Provider and Payments Facilitator Licenses in Egypt
Flutterwave, a leading tech unicorn in Africa, has secured Payment Services Provider and Facilitator licenses in Egypt, enabling it to offer payment solutions and support cross-border transactions, enhancing growth for local businesses and international firms.
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All You Need to Know About the Kenya Capital Markets Authority Regulatory Sandbox
Kenya's Capital Markets Authority (CMA) operates a regulatory sandbox to test innovative financial market solutions. This three-step process involves enquiry, application review, and testing for up to 24 months, allowing firms to develop products in a controlled environment.
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STOS-2,68%
TOKEN50,29%
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REGULATION | Crypto-Friendly Nigerian Fintech, Fincra, Secures PSP License in Tanzania
Pan-African payment fintech, Fincra, has just landed a key regulatory win in East Africa – and it’s one more node in its crypto-aligned vision for frictionless, cross-border money movement across the continent.
Fincra, a rising star in Africa’s digital payments infrastructure, has secured a
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[WATCH] Meta Opens Cloud API to Enable Businesses Build on Top of WhatsApp
Meta announced the global release of the WhatsApp Cloud API, enhancing business communication with features like free cloud hosting, improved response times, and easier integration with existing systems. This aims to strengthen customer interactions on WhatsApp.
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SOL1,26%
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NORTH AFRICA | The MetaMask ‘Buy Sell’ Feature Expands Integration with Egypt’s Vodafone Cash
MetaMask has launched a 'sell' feature in its mobile app, allowing users to easily exchange crypto for cash, including options like Vodafone Cash in Egypt. This new addition simplifies transactions while reducing fees and enhancing speed.
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ARTIFICIAL INTELLIGENCE | Opera Browser Integrates Major AI Models for Local Download and Offline Use
Opera is introducing experimental support for 150 local LLM variants in its Opera One browser, allowing users to manage AI models locally for enhanced privacy and functionality. Users can choose and download models, minimizing data server interaction.
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NORTH AFRICA | Egyptian Fintech, PayMob, Receives Inaugural International Fintech PSP License from the Central Bank of Oman
PayMob, a top fintech in North Africa, has become the first international company to receive a Payment Service Provider license in Oman, enhancing its payment solutions for over 250,000 merchants and supporting the country's digital economy goals.
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Old Mutual, a Leading Financial Management Company, to Manage Reserves for South Africa’s ZARP Stablecoin
Financial Management company, Old Mutual Wealth, has been appointed to manage the cash reserves of ZARP, a stablecoin that is pegged to the South African Rand.
According to ZARP, it is the only fully audited Rand stablecoin with complete attestation since day one.
In 2021, Managing
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DEFI3,55%
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Africa’s Largest P2P Marketplace, Paxful, Delists ETHER to Protect Users – Only Bitcoin Will Be Available
Paxful CEO Ray Youssef announced the delisting of $ETH effective December 22, 2022, citing concerns about its centralization and transition to Proof-of-Stake. He emphasizes that Bitcoin remains the solution for economic liberation, especially in the Global South.
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ETH0,51%
DEFI3,55%
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FINTECH AFRICA | Flutterwave Collaborates with Ghanaian Fintech Startup, Affinity Africa, on Continued Expansion in Ghana
Nigerian fintech unicorn, Flutterwave, has expanded its presence in Ghana by integrating its ‘Pay With Bank’ Transfer product in collaboration with digital banking startup, Affinity Bank.
Growing in Nigeria, Pay with Bank transfers allows merchants to receive payments from their customers via a
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CRYPTO EXCHANGE | Nigerian Exchange, BuyCoins Africa, Shutting Down Buycoins Pro Service
BuyCoins Africa, a pioneer cryptocurrency exchange in Nigeria, is phasing out its BuyCoins Pro service, as communicated to users via a letter.
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