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South Africa’s Lulalend Raises $35 Million Series B Round to Expand its Loan Volume Offerings to SMEs
Lulalend, a South African fintech focusing on digital lending for SMEs, secured $35 million in Series B funding to expand operations and address the credit deficit among underserved businesses. The investment will enhance its offerings, including an AI-driven neo-bank for SMEs.
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PENDANAAN | Human Rights Foundation Memberikan 1,3 Miliar Satoshis kepada 22 Proyek Bitcoin Global, 2 di Antaranya dari Afrika
Pada kuartal ke-4 tahun 2025, Human Rights Foundation (HRF) memberikan dana sebesar 1,3 miliar Satoshis melalui Bitcoin Development Fund-nya untuk mendukung 22 proyek yang membangun alat keuangan yang tahan sensor, infrastruktur Bitcoin sumber terbuka, dan inisiatif pendidikan di seluruh dunia.
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INTRODUCING | South African Ride Hailing App, Twytch, Pioneers Blockchain Identification to Tackle E-Hailing Safety Issues
Twytch, a new ride-hailing app in South Africa, utilizes blockchain technology for identity verification to enhance user safety, addressing issues prevalent in the industry. It partners with Secure Citizen to ensure secure, tamper-proof credentials for all users.
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LIST | Central Bank of Kenya Grants Licenses to 19 More Digital Lending Companies Bringing the Total to 51
The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023.
Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re
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INTRODUCING | Nigerian Web3 Startup, NestCoin, Introduces Onboard, a Seedless Self-Custody Wallet for Africa
NestCoin has launched Onboard, a digital finance platform designed to connect Africans with the global economy. The platform emphasizes user involvement in product development and offers a self-custody wallet for managing digital assets.
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REGULATION | Ghanaian Innovations Minister Engages Stellar Foundation on Akuna Wallet to Boost Creative Economy
Hon. Samuel Nartey George discussed with CEO Denelle Dixon the Akuna Wallet, a digital payment solution aimed at enhancing financial inclusion in Ghana's creative industry. The collaboration, co-founded by Idris Elba, will facilitate seamless international payments for local creators.
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FINTECH AFRICA | South African Digital Bank, TymeBank, to Launch in Indonesia by End of 2024
TymeBank, a South African challenger bank, plans to enter the Indonesian market by 2024 after successful expansions in the Philippines and Vietnam. The bank aims to capitalize on small business lending opportunities and expects significant growth across Southeast Asia.
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South Africa’s Bitcoin SV Payments Firm, CentBee, Enters into Strategic Partnership with nChain
Centbee has partnered with nChain to enhance its blockchain payments technology. The collaboration aims to strengthen Centbee's capabilities in BSV blockchain, focusing on remittance, digital currency on-ramps, and loyalty rewards.
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Venom Foundation to Establish Blockchain Innovation Hub for Africa in Kenya in Partnership with the Government
The Venom Foundation will create a blockchain innovation hub in Nairobi, Kenya, in collaboration with the government. This hub aims to enhance digital transformation in Africa by providing resources for sectors like supply chain and finance, promoting transparency and efficiency.
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