Startup

Nigeria, Kenya, South Africa attracted $3.9 billion VC deals in 6 years

613 VC deals valued at $3.9 billion occurred in Africa between 2014 and 2019. Fintechs, information technology firms, and other companies in Nigeria, ...

By Regtech AfricaJuly 9, 20200

Innovation

New breakthrough in ‘spintronics’ could boost high speed data technology

Scientists have made a pivotal breakthrough in the important, emerging field of spintronics—which could lead to a new high speed energy efficient data ...

By Regtech AfricaJuly 9, 20200

Startup

Fintech Startup That Raised $100 Million From Investors Bessemer And Coatue Is Abruptly Shutting Down

By the end of last year, software startup ScaleFactor had emerged as a buzzy financial services company, raising $100 million in 12 months ...

By Regtech AfricaJuly 9, 20200

News

Amex, Discover, Mastercard And Visa Take Click to Pay Global

American Express, Discover, Mastercard and Visa have agreed on the global expansion of touch-free purchases across merchants and platforms. Click to Pay, the online checkout based on Secure ...

By Regtech AfricaJuly 9, 20200

Startup

Zambian fintech startup receives $1-million investment

Lupiya, a Zambian based microfinance startup has received an investment of $1-million from Enygma Ventures, a US venture capital (VC) fund. Founded in 2015, ...

By Regtech AfricaJuly 9, 20200

News

Deutsche Bank Is Fined $150 Million Over Jeffrey Epstein Links, Other Lapses

New York’s financial-services regulator fined Deutsche Bank AG $150 million on Tuesday for failing to properly monitor its dealings with late financier and ...

By Regtech AfricaJuly 8, 20200

Regulatory

Regulatory roadblocks are holding back Colombia’s tech and transportation industries

“You know we don’t drive down that road,” my father said. I had asked him why we never took the shortest path to ...

By Regtech AfricaJuly 8, 20200

News

Uber grocery delivery launches in Latin America and Canada, US to follow later this month

A day after acquiring Postmates for $2.65 billion, Uber has officially launchedgrocery delivery in select Latin American and Canadian cities. The initiative is the product of ...

By Regtech AfricaJuly 8, 20200

News

Mastercard invests in Poland’s Verestro

Mastercard has invested in Verestro to support the Polish payment firm’s international expansion efforts. The size of the investment was not disclosed. Formerly ...

By Regtech AfricaJuly 8, 20200

News

MIUI 12 Code unveils two upcoming Xiaomi smartphones

According to recent reports, Chinese manufacturer, Xiaomi is developing at least two new smartphones. These Xiaomi smartphones belong to the same series. One of these ...

By Regtech AfricaJuly 8, 20200