Mastercard, Safaricom Partner on Cross-Border Payments

September 20, 2024 Bitcoin.com

Africa

Mastercard and Safaricom have partnered to improve payment acceptance and cross-border remittances in Kenya. The partnership will benefit over 636,000 merchants using M-Pesa and enable them to serve customers globally. This collaboration will provide faster and more reliable payment solutions for Kenyan businesses and their customers. Streamlining Cross-Border Transactions The multinational payment card services corporation, […]

SEC Shuts Down Robinhood Investigation Without Pursuing Enforcement Action

Nigerian Blockchain-Based Payment Startup, Ivorypay, Partners With Stablecoin Issuer, Tether

April 21, 2024 Bitcoin.com

Africa

A Nigerian startup specializing in blockchain-based payments and remittances has entered into a partnership arrangement with the stablecoin issuer Tether. The arrangement is expected to extend the benefits of stable digital transactions to a larger number of consumers and businesses across the African continent. Ivorypay, Tether Partnership Aims to Boost User Confidence Ivorypay, a Nigerian […]

SEC Shuts Down Robinhood Investigation Without Pursuing Enforcement Action

Zimbabwean Blockchain Startups Launch Service to Help Migrants Efficiently Move Funds Across Borders

March 1, 2023 Bitcoin.com

Africa

Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the “first cross-chain collaboration between the two companies.” Harnessing the Benefits of the Blockchain The Zimbabwean blockchain startup Flex ID and […]

SEC Shuts Down Robinhood Investigation Without Pursuing Enforcement Action

An African Perspective on Why the World Needs Cryptocurrencies

December 29, 2021 Bitcoin.com

Africa remittances

Rising cryptocurrency use in Africa over the past few years has not only shown that digital currencies are now a vital means of moving funds across borders and between people, but that cryptocurrencies are also an important means of accessing global markets for the financially excluded. Cryptocurrency Now a Necessity Despite ongoing efforts by regulators […]

SEC Shuts Down Robinhood Investigation Without Pursuing Enforcement Action

Pandemic Drove Adoption but Information Dissemination Just as Important: Kenya-Based Blockchain Advocate

December 2, 2021 Bitcoin.com

Africa remittances

The adoption of blockchain technology and the use of cryptocurrencies by people in Africa surged to unprecedented levels in 2020. While many have attributed this to Covid-19, blockchain advocates believe their work is partly the reason many are turning to digital currencies. Importance of Education Starting in the first quarter of 2020, the adoption of […]

SEC Shuts Down Robinhood Investigation Without Pursuing Enforcement Action

Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed

September 21, 2021 Bitcoin.com

Remittances to Africa Set to Drop by 5.4 % to Billion — Covid-19 Pandemic and High Sending Costs Blamed

Africa remittances

According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as one of the main causes of the decline. However, despite this projected 5.4 per cent drop, a […]

Africa remittances

Share this video