Stripe Eyes $1 Billion Acquisition of Stablecoin Platform Bridge
Stripe, the popular online payment platform, is reportedly in advanced talks to acquire Bridge, a stablecoin platform, for a staggering $1 billion
Fintech
Kenya Set to Launch Instant Payment System, a Game-Changer for Financial Inclusion
Kenya's Central Bank is set to launch the Fast Payment System, a new instant payment system that will allow for seamless transactions across all financial institutions, promoting financial inclusion and economic growth.
Interface.ai Raises $30 Million to Democratize AI for Banks
Interface.ai raises $30 million to expand its customer automation platform for banks, democratizing access to AI technology for regional and community-based financial institutions.
SoLo Funds Hit with New Class Action Lawsuit Over Misleading Loan Practices
SoLo Funds, a fintech startup, is facing a new class action lawsuit over allegations of misleading loan practices, including hidden fees.
Upflow Shifts Gears: From Invoice Management to B2B Payment Platform
Upflow, a French startup, is expanding its focus from invoice management to become a comprehensive B2B payment platform, aiming to revolutionize the way businesses make and receive payments.
Senegal Removed from Global 'Dirty Money' List, Boosts Investor Confidence
Senegal cleared from global 'dirty money' grey list, expected to boost investor confidence and capital flows after strengthening anti-money laundering regulations.
Stanbic Bank Upgrades Core Banking App, Disrupts Services
Kenya's Stanbic Bank upgrades Temenos 24 core banking app, causing service disruptions for customers
Unlocking Africa's Economic Potential
Addressing cross-border payment challenges key to Africa's economic growth, says Verto's Nigeria Country Director
Indian Fintech Slice Merges with Bank, Gains Rare Banking License
Slice becomes one of the first Indian fintech startups to secure a banking license, expanding its services and control over lending operations.
