BitKE

Egyptian B2B fintech SETTLE raised $2 million in a pre-seed round to enhance its platform for CFOs and business owners, streamlining financial operations and providing real-time data. The startup has processed over $1 million in transactions, aiming to digitize financial workflows in Egypt's cash-reliant market.

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.