Coinbase Founder Brian Armstrong Reveals Plans to Integrate Lightning Network
According to Coinbase founder and CEO Brian Armstrong, Coinbase is actively engaged on integrating the Lightning Network (LN), the second-layer scaling protocol. Armstrong emphasised that...
Ugandan Fintech Asaak Acquires Mexican Asset Financing Startup Flexclub
The Ugandan mobility fintech Asaak just lately unfold its tentacles to Latin America after it purchased the Mexican asset financing enterprise Flexclub. The fintech’s CEO...
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
An Africa-focused remittances platform, Lemfi, just lately stated it has raised $33 million in a Series A spherical led by Left Lane Capital. Lemfi stated...
Egyptian and Nigerian Central Banks Sign Agreement to Deepen Cross-Border Regulation
The central banks of Egypt and Nigeria have signed a fintech settlement to deepen the 2 establishments’ “cross-border regulatory collaboration” and data sharing. The London...
Swiss Central Bank to Launch Wholesale CBDC Soon Says Chairman Thomas Jordan
The Swiss National Bank (SNB) mentioned it plans to concern a wholesale central financial institution digital foreign money as a pilot by way of SIX...
Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure
Fintech and crypto agency Robinhood has introduced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This improvement comes after...
African Fintech M-Kopa Secures $200M in Debt Financing Plus $55M in Equity Funding
Kenya-headquartered African fintech M-Kopa is reported to have secured $200 million in debt financing and a further $55 million in fairness funding. Financial companies group...
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
Jia, a blockchain fintech startup, just lately revealed it has raised $4.3 million in a seed funding spherical which was led by the early-stage shopper...
Breaking the Barriers of Traditional Banking With Digital Assets
Another one bites the mud! The banking trade within the United States is in bother, and regional banks are feeling the squeeze. Numerous banks have...
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
After the American monetary know-how large Paypal rolled out crypto funds final yr, the corporate is now introducing cryptocurrency switch companies to Venmo customers. The...