financial inclusion

Egyptian AI Startup Gets $2M for GCC, Africa Expansion

August 6, 2024 Bitcoin.com

Africa

Egyptian artificial intelligence firm Synapse Analytics has secured $2 million to expand into the Gulf Cooperation Council region and Africa. The company has partnered with major banking product providers such as AWS, Crealogix, and TUMM. Using AI to Simplify Access to Finance The Egyptian artificial intelligence (AI) firm, Synapse Analytics, recently secured $2 million to […]

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Zimbabwe Devalues Gold-Backed Currency by 44%

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

August 4, 2024 Bitcoin.com

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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Zimbabwe Devalues Gold-Backed Currency by 44%

US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

July 27, 2024 Bitcoin.com

Bitcoin

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas. Senator Tim Scott Advocates for […]

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Zimbabwe Devalues Gold-Backed Currency by 44%

South African Startup Neonomad to Launch Rand-Backed Stablecoin

July 24, 2024 Bitcoin.com

Africa

Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple offerings, including in the decentralized finance space. Banking South Africa’s Unbanked South African fintech startup Neonomad, […]

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Zimbabwe Devalues Gold-Backed Currency by 44%

UN Development Programme Partners With Dfinity Foundation to Boost MSME Inclusion

July 3, 2024 Bitcoin.com

bitcoin.com

The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal Trusted Credentials (UTC) initiative. The collaboration aims to improve financial inclusion for micro, small and medium enterprises (MSME) globally using blockchain technology. UN Project Explores Digital Identity Solutions for MSME Financing The partnership will focus on developing […]

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Zimbabwe Devalues Gold-Backed Currency by 44%

Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning

July 2, 2024 Bitcoin.com

Bitcoin (BTC)

Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the opportunity for cryptocurrency in Bolivia after the central bank unbanned it from its financial system and how the citizens might leverage these new tools to alleviate the deficiencies of traditional […]

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Zimbabwe Devalues Gold-Backed Currency by 44%

Hashgraph Association and Blade Labs Partner to Drive Digital Transformation in the Middle East

June 27, 2024 Bitcoin.com

bitcoin.com

The Hashgraph Association and Blade Labs have partnered to drive digital transformation using the latter’s conventional and Shariah-compliant digital securities platforms. The CEO of Blade Labs described the Hashgraph Association as a strategic investor that enables the company to integrate its cutting-edge digital asset solutions with more businesses in the Middle East and beyond. Integrating […]

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Zimbabwe Devalues Gold-Backed Currency by 44%

Pyypl and Visa Partner to Boost Financial Inclusion in MEA With Prepaid Cards

June 27, 2024 Bitcoin.com

bitcoin.com

Pyypl, a fintech company operating in the Middle East and Africa (MEA), has partnered with Visa to introduce virtual and physical prepaid Visa cards via its mobile app. This strategic collaboration aims to enhance financial inclusion across the region, providing underserved populations with greater access to financial services. The integration of Visa virtual cards will […]

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Zimbabwe Devalues Gold-Backed Currency by 44%

Egyptian Fintech Startup Secures $3.5M in Seed Funding Round

May 16, 2024 Bitcoin.com

African fintech

The Egyptian fintech startup Mnzl plans to enhance its lending technology and expand its operations using the $3.5 million raised in a seed funding round. Co-founder Sameh Saleh said the startup seeks to empower families by providing financial leverage and contributing to broader economic prosperity in the region. Empowering Financially Excluded Egyptian Families The Egyptian […]

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Zimbabwe Devalues Gold-Backed Currency by 44%

Congolese Fintech Startups, Government Form Association to Accelerate Financial Inclusion

March 25, 2024 Bitcoin.com

Africa fintechs

Democratic Republic of Congo (DRC)-based fintech startups have partnered with the government to launch an association. The goal of the collaboration is to accelerate financial inclusion in the African country. By partnering with the government, the association will play a crucial role in shaping “policies that encourage investment, competition, and access to financial services.” Bolstering […]

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Zimbabwe Devalues Gold-Backed Currency by 44%