Global
Global: Brazilian Payment App PicPay Launched Crypto Exchange in Collaboration with Paxos
PicPay, a Brazilian-based payment and wallet app is now providing crypto services to more than 30 million active users in the country. The ...
Global
Global: UAE Processes $3B in Transactions in 2021, Plans to Roll Out Instant Payment Platform in Full Swing
The Central Bank of the United Arab Emirates (CBUAE) released its 2021 Financial Stability Report in August, 2022 detailing measures put in place to ...
Global
Global: Central Payments lands $30m, spins out from Central Bank of Kansas City
US fintech Central Payments has raised $30 million in growth equity led by Castle Creek Capital with participation from Launchpad Capital. The company ...
Africa
International Youth Day 2022: The Role of the Youth in Driving Financial Inclusion in Africa
Depending on their needs and stage of life, access to financial services can empower young people and improve their well-being in the right ...
Ghana
Ghana: Fitch further downgrades Ghana to ‘CCC’
Fitch Ratings has further downgraded Ghana’s long-term foreign-currency (LTFC) issuer default rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade comes on the back of ...
News
Rwanda: Central Bank Raises Lending Rate to Tame Inflation
The National Bank of Rwanda (BNR) has increased the key repo rate from 5 percent to 6 percent in a bid to tame ...
News
Nigeria: First African Country to Launch Digital Currency – CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said that Nigeria is the first country in Africa to launch the ...
Global
Global: Digital pensions platform Penfold raises $8.5M Series A led by Bridford Group
Penfold, a digital pensions platform, has closed a £7m ($8.49m) Series A funding round led by Bridford Group, an investment group. Also participating ...
Global
Global: Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
Unionbank to Add In-app Crypto Exchange Feature, Reportedly a First in the Philippines The Union Bank of the Philippines (Unionbank) is working to ...
Ghana
Ghana: Ghana’s Float Acquires Nigeria’s Accounteer to Enhance Accounting Practices for SMEs
Ghana-based, Float, focused on helping businesses manage cashflow, has acquired Accounteer, a Nigerian cloud-based accounting company. The deal, which follows Float’s $17 million ...
