Israel’s banking regulator releases guidelines for the use of stablecoins

In order to oversee cryptocurrencies linked to the value of other assets like the US dollar, the Bank of Israel has released regulatory standards for stablecoin activities in the nation....
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Kenyan mobile payment service M-Pesa enters the remittance market

With a collaboration with e-commerce behemoth Amazon, Safaricom’s M-Pesa, a mobile money service in Kenya, is gaining ground in the remittance sector. As of September 2021, the service, which debuted...
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Hollydesk raises $1M in venture debt financing

Hollydesk, an Egyptian fintech firm, has raised $1 million in venture loan funding to develop its cost management platform for the nation’s small and medium-sized enterprises. The system provides a...
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UAE-based startup Tabby shuts down operations in Egypt

Five months after introducing its buy now, pay later (BNPL) service in Egypt, UAE-based fintech company Tabby has announced the end of its operations there. The choice was made in...
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Nigeria’s Apex bank talks with a blockchain firm to further develop its CBDC

In order to maintain complete control over the project, the Central Bank of Nigeria (CBN) is apparently in negotiations with blockchain company R3 to create a new system for its...
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Chipper Cash undergoes second round of lay offs

African cross-border payments platform About 10 weeks after laying off about 12.5% of its workers, Chipper Cash carried out a second wave of layoffs last Friday. On LinkedIn, the company’s...
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Ghanaian fintech Dash suspends CEO over financial impropriety allegations

According to sources with direct knowledge of the situation, TechCrunch has reported that Prince Boakye Boampong, the founder and CEO of Dash, a fintech company that provides a unified payments...
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Russia prepares CBDC pilot

The central bank of Russia is getting ready to test out a digital money system using actual retail transactions. The P2P and retail payments trial, in which 13 banks are...
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Hala acquires

Hala, a Saudi fintech company, has acquired, a micro- and small-business-focused online payment processor from the UAE. More than 2,000 micro and small enterprises are served by, formerly...
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This fintech partnership could boost cross-border remittances in Africa

Digital wallet and intra-African cross-border remittance provider EziPay has established a cooperation with MFS Africa, the top digital payment gateway on the continent. With the partnership, consumers will be able...
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Crypto Stats

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin26,670 0.01 % 1.18 % 0.38 %
Ethereum1,596.8 0.08 % 1.50 % 1.91 %
Tether0.9997 0.07 % 0.05 % 0.06 %
BNB211.21 0.09 % 0.94 % 0.39 %
XRP0.5089 0.37 % 0.09 % 2.99 %
USD Coin1.000 0.07 % 0.01 % 0.01 %
Lido Staked Ether1,595.3 0.06 % 1.50 % 2.05 %
Dogecoin0.06175 0.05 % 1.35 % 0.14 %
Cardano0.2453 0.12 % 1.77 % 2.33 %
? --- 0.00 % 0.00 %