BitKE

COCA.xyz, the next-generation non-custodial payments app, has just secured a major strategic funding round led by the Stellar Development Foundation (SDF), with additional backing from FunFair Ventures. This investment is set to supercharge COCA’s mission to revolutionize stablecoin

Enza, a pan-African fintech, secured $6.75 million in seed funding to enhance payment solutions for banks and fintechs, promoting financial inclusion across Africa. The investment validates its mission and growth in key markets like Egypt, Nigeria, and South Africa.

Nigerian fintech Nomba has raised $30 million in pre-Series B funding to enhance customized payment solutions for African businesses. Founded in 2016, Nomba serves over 300,000 clients, facilitating $1 billion in monthly transactions. The funding will expand their offerings and improve operational efficiency.

Visa is expanding its cryptocurrency efforts by partnering with merchant companies to use USD Coin on the Solana blockchain for settlement payments, enhancing speed and cross-border transactions using stablecoins.

Egypt has issued a 3-year Sustainability Panda Bond worth RMB 3.5 billion, becoming the first African nation to do so. This move, supported by the AfDB and the Asian Infrastructure Development Bank, promotes sustainable financing and strengthens ties with China. Proceeds will support green growth under Egypt's financing framework.

Dar Blockchain hosted the first Hedera Hackathon in Tunisia, featuring 70 participants from 9 African countries. Winners included DigiLand, AfriKare, and Aqua, which focused on land certification, medical data control, and DeFi lending, respectively.