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CBDCs – Central Banks Digital Currencies or Central Banks’ Defence against Cryptocurrencies
Central banks have been looking at cryptocurrencies for some time not without trepidation. Bank of England and Swedish Riksbank among others have contributed ...
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Safaricom records flat growth in tough financial year
Mobile network operator Safaricom, has announced its financial results which showed a flat growth in the financial year ending March 2021, despite the ...
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MoneyGram to Allow Bitcoin Buying and Selling Across Retail Network
MoneyGram Internationalhas said it will allow customers to buy and sell bitcoin (BTC, -2.69%) for cash at 12,000 U.S. retail locations through a ...
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Amazon-Backed Acko May Raise $200 Mn To Enter Unicorn Club
Amazon-backed insurance tech startup Acko General Insurance is reportedly considering a new funding round that would value the company at over $1 Bn. ...
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Remittances: Google Pay partners with Wise and Western Union Co
wise and Western Union Co have announced that Google has launched an international money transfer partnership with them for users of its U.S. ...
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Ethiopia: Ethio-Telecom New Telebirr Service to Spur Nat’l Reform
The launching of-telebirr–a reliable, inclusive, easy transaction financial service, would help create a cashless society and transform the overall economy as it fosters ...
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Access Bank, Rwanda appoints new Managing Director
Access Bank (Rwanda) Plc.has announced the appointment of Mr. Faustin Rukundo Byishimo as Managing Director, effective May 1, 2021. He succeeds Mr. Jean-Claude ...
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Branch announces free Unlimited Money Transfer for Nigerians
With over 23 million downloads, Branch is one of the most popular lending apps in the world. The app now offers 2 new ...
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Tanzania: Absa Co-Sponsors Fintech, Health Tech Youth Entrepreneurs
ABSA Bank Tanzania has announced the youth entrepreneurial winners of the Wazo Challenge Tanzania Demo Day. The programme was managed and organised by ...
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Kazakhstan to launch a CBDC pilot with private financial companies
The National Bank of Kazakhstan has announced plans to pilot its prototype of a digital tenge within the private companies of the financial ...