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Tether is launching its stablecoin, $USDT, on the Bitcoin Lightning Network, enhancing transaction capabilities and potentially revolutionizing payments, especially in emerging markets. This integration promotes scalability and aims for mass adoption of stablecoin payments.

DLM Trust denied claims of a partnership with Patricia Technologies, citing breaches of agreement. While DLM ended its role as Escrow Trustee, Patricia insists repayment plans will proceed despite the disruption and customer frustrations from previous withdrawal issues.

Flutterwave will discontinue its virtual card service, Barter, on March 12, 2024. Launched in 2017 with VISA, Barter aimed to enhance personal and small merchant payments across Africa.

Telegram is launching TON Space, a self-custodial cryptocurrency wallet for its 800 million users, allowing them to send and receive TonCoin. This feature will roll out globally in November 2023, excluding some countries. It reflects Telegram's vision of integrating digital ownership and Web3 services within its platform.

[PRESS RELEASE]
RedotPay, a global stablecoin-based payment fintech, today announced a partnership with Ripple, a financial technology company that offers crypto solutions for businesses to extend its stablecoin payment capabilities. In tandem, RedotPay is launching its “Send Crypto, Receive

Stablecoins on Ethereum layer-2 networks have reached $13.5 billion, driven by demand, with Tether, Circle, and Ethena leading in supply. The overall stablecoin market surpassed $205 billion by December 2024, demonstrating significant growth in the cryptocurrency ecosystem.

E-Livestock Global, a Zimbabwean startup which has developed hardware and software to generate vital data on livestock, plans to expand to several new markets following its increasing performance.
E-Livestock Global was founded in 2019 and launched in 2021 to capture cattle data and enable

Jambo, a builder of Web3 mobile infrastructure to unlock the digital economy in emerging markets, today announced its partnership with Coinbase, a leading and trusted place to buy, sell, store, and transfer digital currencies.
JamboPhones will now feature Coinbase Wallet, a self-custody crypto

YouVerify, a Nigerian identity verification company, raised $2.5 million from Elm. It aims to enhance AML compliance and global risk intelligence, expanding its verification services across 145 jurisdictions and 46 countries while serving 800 clients.

Tools For Humanity is in talks to raise $50 million through an over-the-counter sale of $WLD tokens at a discount. Despite regulatory issues in Kenya, WorldCoin has seen significant participation and funding from notable venture capitalists.

Gluwa's CEO, Tae Oh, met Ghana's Vice President to discuss tech solutions for financial inclusivity, focusing on the country's CBDC development and a satellite-based ISP to enhance digital access. Gluwa is also collaborating on Nigeria's eNaira and exploring a CBDC for Liberia.

Kenya’s startup ecosystem has reached a significant milestone with the successful hosting of its inaugural Startup World Cup regional competition. This event, held at the Kenya Startup Festival and organized by the Kenya National Innovation Agency (KeNIA), attracted over 160 applications from

May 2024 marked a significant milestone for the Celo ecosystem as it implemented its first Retroactive Public Goods Funding (RPGF) program. The RPGF pilot was rolled out with a record reward pool of 250,000 CELO to recognize and incentivize the most valued contributions to the Celo community from th

The Pan-African Payments and Settlement System (PAPSS) is set to introduce an African currency marketplace later in 2025, its CEO revealed in a recent interview.

Supported by 15 central banks and already connected with 150 commercial banks, PAPSS seeks to tackle persistent liquidity and currenc