Deel's annual revenue run rate reaches $800 million, with plans to go public as early as next year, following a $300 million secondary share sale to General Catalyst and a sovereign investor.
Stay updated on the latest fintech news, including a startup using AI for long-term care planning, a major acquisition in African mobility fintech, and funding rounds for various fintech companies.
Stripe's largest acquisition to date marks a significant push into crypto, with Bridge's API enabling companies to accept stablecoins.
The Central Bank of Nigeria reinstates Jimoh Musa Itopa, a director in the Payments System Management Department, sparking questions about the bank's confidence in its current leadership.
LAPO Microfinance Bank is set to launch a digital banking app, targeting younger Nigerians and diversifying its customer profile beyond petty traders.
Philadelphia Eagles' running back Saquon Barkley becomes investor in Ramp, appears in company's first Super Bowl commercial, highlighting his commitment to innovative finance solutions
India's central bank introduces '.bank.in' domain to reduce cyber security threats and malicious activities in digital payments
South Sudan's central bank introduces NIPS, a critical step towards addressing payment efficiency and access gaps, with the potential to improve financial inclusion for over 6 million adult citizens.
A unified stablecoin could revolutionize cross-border transactions and economic integration across Africa, but its implementation poses significant challenges.
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