Fintech Archive

Report: Nigeria to Start Piloting Digital Currency in October

The Central Bank of Nigeria (CBN) has reportedly set October 1 as the commencement

French Central Bank Conducts Fifth Experiment on Tunisia CBDC

The French central bank, Banque de France (BOF), recently carried out its fifth experiment

China Offers Medics Digital Yuan Insurance Policy for Covid-19

China’s first insurance policy using the digital yuan for settlement has been issued in

Rwanda-Based NGO Partners With Cardano Foundation to Launch ADA Crypto Charity Platform

Save the Children in Rwanda recently became the latest member of the NGO community

Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September

Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial

Africa Fintech Start-up Growth: Nigeria Dominates in ‘Big Three’ Markets

According to the findings of the latest study by Disrupt Africa, the number of

Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks

Financial technology companies (fintechs) are now among the biggest threats to the overall profitability

Ukraine’s Monobank to Allow Customers to Trade Bitcoin

Monobank, a mobile bank operating in Ukraine, has announced new products and services that

New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online

Customers using the Bakkt app can now apply for a debit card which will

New Bank of America Report Says Digital Currencies ‘Could Boost Economic Growth’ in Developing Countries

A new Bank of America (BOA) research study has found that both central bank

Bank of Uganda Launches Regulatory Sandbox Framework — One Fintech Firm Already Approved

The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox that

Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’

Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging

The CBN Says Nigeria Will Have a Digital Currency Before End of Year

Nigeria is likely to have its own central bank digital currency (CBDC) by the

‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ Strategy

The Hong Kong Monetary Authority (HKMA) plans to guide local banks towards full adoption

Crypto Payments App Bottlepay Is Now Available Across Europe

U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users

Members of East Africa Community Explore Potential Use of CBDC for Alternative Regional Payment System

Six East African states are reportedly set to explore the possibility of using central

African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria

Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed

Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’

One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways

Kenyan Regulator Commends Its Regulatory Sandbox— Says the Test Phase Enables It to Have Interactions With Innovators

According to a new report published by the Capital Markets Authority (CMA) of Kenya,

Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap

In its bid to help users avoid high gas fees on Uniswap, a Kenya-based

Mastercard Payment Index: More Consumers in Three African Countries Plan to Use Crypto Based Payment Methods

According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread

Bank of Russia Tests Services Related to Cryptocurrencies

Russia’s central bank has examined three platforms offering crypto-related services. The projects have been

Kenyan Capital Markets Regulator Wants Better Coordination With Other Bodies When Testing Crypto Assets

Kenya’s Capital Markets Authority (CMA) says the country needs a more encompassing approach that

Fintechs Invited to Work on Georgia’s Central Bank Digital Currency

National Bank of Georgia (NBG) has issued a call for companies in the fintech

Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 Tokens

Switzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number

Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’

Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country