UK Regulators Clamp Down on Crypto, No Exceptions for Staking
UK economic secretary confirms crypto regulations will include staking services, no special treatment, as government aims to remove legal uncertainty in the sector.
Fintech
StoreCash Raises $3.7 Million to Revolutionize Mobile Payments and Cashback Rewards
StoreCash, a mobile payment solution, secures $3.7 million in seed funding to expand its cashback rewards platform, aiming to help Americans build generational wealth.
Revolut Unveils Ambitious 2025 Roadmap, Featuring AI-Powered Assistant and Branded ATMs
Revolut reveals plans to introduce AI-enabled assistant, branded ATMs, and facial recognition features, expanding its financial services and cementing its position as a fintech unicorn.
New Venture Firm Emerges: Fintech Veterans Gilroy and Rajaram Plan $400M Debut Fund
Former Coatue fintech head Michael Gilroy and tech executive Gokul Rajaram are launching a new venture firm, targeting a $400M to $500M debut fund for early-stage fintech and software startups in the US.
Mexican Fintech Startup Solvento Defies Trump's Tariff Threats with $12.5M Series A Funding
Solvento, a Mexican trucking finance startup, closes $12.5M Series A funding despite Trump's tariff threats, while Latin America fintech market shows signs of growth
Safaricom Launches Second Money Market Product, Ziidi, in Kenya
Kenya's Capital Markets Authority approves Safaricom's Ziidi money market fund, offering low-risk investment options to unbanked and underbanked users.
Access Bank Expands African Footprint with South African Acquisition, Palmpay Partners with Jumia on Payment Option
Access Bank acquires South African bank, Palmpay partners with Jumia, and South Africa approves 248 crypto licenses, signaling growth in Africa's fintech and banking sectors.
Access Bank Unveils Access Africa, a Proprietary Payment Rail for Cross-Border Transactions
Nigerian commercial bank Access Bank launches Access Africa, a payment rail to facilitate cross-border transactions across the continent, competing with existing remittance solutions.
Africa's Cashless Revolution: Top 10 Countries Leading the Way
Discover the top 10 African countries driving the cashless transaction revolution, with Kenya, South Africa, and Ghana leading the charge