Solana Labs has launched the 'Solana Incubator' program to support Web3 and blockchain projects with fundraising, development, and marketing on its platform. Open for applications until November 30, 2023, the initiative aims to remove barriers for founding teams and facilitate connections with venture capitalists.
Emata, a Ugandan agri-finance startup, has secured $2.4 million in seed funding to enhance digital loans for farmers in East Africa. The investment aims to expand their market presence, particularly in Tanzania, while improving loan accessibility for smallholders in Uganda.
تعزيز شراكة AEON مع Folks Finance من فائدة $FOLKS ، مما يمكّن المعاملات في العالم الحقيقي عبر AEON Pay. توسع هذه التعاون الوصول إلى أكثر من 50 مليون تاجر، مما يربط بين التمويل اللامركزي والتجارة اليومية مع دعم معايير الدفع بالذكاء الاصطناعي لاعتمادها في المستقبل.
More than 30 financial institutions in the Common Monetary Area are adopting BankservAfrica's instant cross-border payment system, TCIB, aimed at simplifying peer-to-peer payments. The system offers secure, real-time processing and meets new regulatory standards, with FNB as its first adopter.
Kenya has refused a US request to lift the suspension of the WorldCoin cryptocurrency project, citing concerns about financial safety and integrity, as stated by Interior Cabinet Secretary Kithure Kindiki.
LemFi, a London-based financial services platform tailored for immigrants, has secured $53 million in new funding which will support its expansion plans. The Series B funding round was led by Highland Europe, a London-based growth-stage investment firm that supports startups generating over €10 mil
AgriDex, a South African marketplace for real-world assets, raised $9 million to enhance its on-chain agricultural trades, handling commodities with instant settlements and low fees, targeting a $4.5 billion market and projecting $133 million in profits by 2028.
Thepeer, a Nigerian API startup that raised $2.1 million in 2022, has shut down operations due to growth challenges and compliance issues, despite aiming to connect over 400 fintech companies for seamless payment processing.