On May 4, the product comparison platform finder․com published a ripple price prediction report that polls 36 fintech specialists. According to findings stemming from the participating panelists, ripple could jump to $ 2.55 per unit by December 2022. However, the prediction relies on Ripple Labs winning or settling its lawsuit with the U.S. Securities and […]
Kenya Based Fintech Kwara Raises $4 Million in Seed Round
A Kenya based fintech, Kwara has raised $ 4 million in a seed round that was led by Breega VC firm. The funds will be used to create an app that allows members of credit unions to access financial services. The Rising Demand for Financial Services by Credit Union Members Kwara, a Kenyan fintech that […]
African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm Now Valued at Over $2 Billion
Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $ 150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led by Sam Bankman-Fried’s FTX — comes barely six months […]
Fintech Firm Centbee Graduates From South African Regulatory Sandbox
Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory sandbox. Using Crypto to Enable Faster and Cheaper Remittances In a statement, the fintech firm claims […]
