BitKE

Egyptian fintech startup DoPay has secured $13.5 million in Series A extension funding to enhance its digital payroll platform for unbanked workers. This funding will support expansion in Egypt, promote financial inclusion, and launch new services.

MetaMask has launched a 'sell' feature in its mobile app, allowing users to easily exchange crypto for cash, including options like Vodafone Cash in Egypt. This new addition simplifies transactions while reducing fees and enhancing speed.

Tala та Huma Finance співпрацювали для запуску платформи токенізованого кредитування на блокчейні Solana, орієнтованої на незабезпечені верстви населення. З кредитною лінією у $50 мільйонів, ця ініціатива підвищує прозорість і з'єднує недообслуговуваних позичальників із глобальним капіталом, сприяючи фінансовій інклюзії.

The Bank of Ghana is developing its CBDC, eCedi, using a token-based model on the Hedera Hashgraph network, differentiating it from other CBDCs like eNaira. The eCedi allows offline access and will be distributed through banks and merchants. An eCedi hackathon is also scheduled for Fall 2023 to foster innovation.

A survey by Tala reveals that education drives borrowing needs for Kenyans, with digital credit aiding income gaps. While inflation has eased, 56% still cut expenses, reflecting improved financial well-being.

The Central Bank of Nigeria and Africa Fintech Foundry have launched the eNaira hackathon, inviting tech enthusiasts to create innovative solutions for improving the digital currency's adoption, focusing on areas like remittances and financial inclusion.

Congolese startup Vault Pay has been selected for Y Combinator's Summer 2023 class, joining notable companies. Founded in 2023, it aims to develop payment infrastructure in Central Africa, enhancing banking services through telecommunications.

The United States Securities and Exchange Commission (SEC) has filed a suit against MetaMask parent company, ConsenSys, alleging that the company ‘acted as an unregistered broker of crypto asset securities through its MetaMask Swaps service.’

“Since January 2023, ConsenSys has engaged in the unr

In a major milestone for crypto-native payments in Africa, Flutterwave, one of the continent’s largest payments infrastructure platforms, has teamed up with TurnKey to launch secure and verifiable stablecoin balances for merchants and users.
Through this collaboration, Flutterwave is integrating Tu