Nigerian digital bank Kuda secures $25 mn Series A funding
The funding round was led by New York-based venture capital firm Valar Ventures...
Category : Banking
DBS becomes first Asian bank to use Trusple blockchain solution
The transaction of around $40,000 was for an artificial construction stone material known as ‘quartz stone’...
Sterling Bank adds new lending feature to its digital banking platform
Ajo Scheme is the digital construct of Ajo, Esusu and Adashe...
Deutsche Bank branch closure could see 450 people lose their job
The bank is also planning to eliminate 20% of its workforce in a four-year restructuring plan...
Tanzanian banking sectors shows resilience
The country has about 50 banks with approximately 840 branches including 23,500 agents...
Google, EIF to offer $75 mn funding for SMEs in Latam
The funds are a part of an $800 million initiative designed to cope the coronavirus pandemic...
Kenya plans to switch its base currency to bitcoin
The central bank governor believes that bitcoin could actually help to fight the depreciating shilling...
Ecobank Transitional appoints Herve S. Assah as non-executive director
Mr Herve S. Assah has served in senior positions for more than two decades at the World Bank and has been managing partner of Aequaria Capital...
American Express, Access Bank join forces in Nigeria
The partnership will also allow American Express cardholders to use their cards across merchant locations across the country...
Kenya seeks to tighten regulatory reign over digital payments
t Safaricom controls 98% of the country’s mobile money market, while Airtel Money and other money providers account for just 1.2%...