Cryptocurrency Market

  • Market Cap: $3,747,391,905,450.95
  • 24h Vol: $119,993,469,904.38
  • BTC Dominance: 55.43%

remittances

lightning-network-focused-startup-lightspark-sets-its-sights-on-latam

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product, explained that the company will focus on targeting Latin America’s remittances and cross-border payments market, using its products to streamline these processes. Lightspark Aims to […]

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam Read More »

zimbabwe-central-bank-denies-forced-remittance-conversion-claims

Zimbabwe Central Bank Denies Forced Remittance Conversion Claims

The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified that it has no plans to review its diaspora remittances policy. According to the RBZ, the market had misconstrued a video on social media in

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canza-finance-partners-with-stablecoin-issuer-to-bring-efficient-financial-solutions-to-africa

Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa

Canza Finance has partnered with stablecoin issuer WSPN to provide secure and efficient financial solutions to users in Africa and other emerging markets. With the integration of WUSD into Canza Finance’s ecosystem, African users will be able to smoothly convert fiat currencies to the WUSD stablecoin. Boosting RWA and Defi Adoption Africa-focused fintech firm Canza

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caliza-raises-$8.5-million-to-ease-cross-border-payments-using-usdc-in-latam

Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam

Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC, Circle’s regulated stablecoin, providing rails for easing cross-border payments for its customers. Caliza Raises

Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam Read More »

tanzania-fintech-startup-nala-secures-$40-million-via-series-a-round 

Tanzania Fintech Startup Nala Secures $40 Million via Series A Round 

Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital firm Acrew Capital. The funds will be used to bolster Nala’s business-to-business (B2B) payment platform and support its overall growth plans. New Funding to Support Nala’s Growth Plans Tanzanian fintech startup Nala recently secured $40

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tbd-and-yellow-card-to-enable-fiat-on-and-off-ramp-payments-in-16-african-countries-via-btc

TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC

TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make cross-border payments not only more affordable and accessible, but compliant as well. Hedging Against Inflation With BTC TBD,

TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC Read More »

nigerian-fintech-flutterwave-obtains-two-licenses-from-rwandan-central-bank

Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank

Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s representative in the country, the two licenses make it possible for her company “to provide safe,

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crypto-seen-as-investment-opportunity-in-the-mena-region-says-iceberg-capital-executive-chairman

Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman

While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chairman of the asset management firm Iceberg Capital Limited. According to Kheriba, factors such as high inflation and residents’ desire for high-return investment

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