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FUNDING | Kenyan Buy Now Pay Later Fintech, Lipa Later, Secures $3.4 Million Further Demonstrating BNPL Potential in Africa
Lipa Later, a Kenyan BNPL platform, raised $3.4 million in debt funding to expand services and enhance financial inclusion. The firm plans further fundraising and emphasizes growth within the African fintech landscape.
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Nigeria’s Fintech, Grey Finance, Raises $2 Million and Enables In-App Local Currency Conversions
Nigerian fintech Grey has raised $2 million to enhance its virtual currency services for digital workers. This includes free foreign bank accounts, easy currency conversion, and expanded operations in East Africa, starting in Kenya.
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PRESS RELEASE | Stripe-Owned Nigerian Fintech, PayStack, Launches Holding Company, The Stack Group, as it Celebrates 10-Year Anniversary
PayStack, a company solving payments problems for ambitious businesses in Africa, today announces the launch of The Stack Group (TSG), a parent holding company that will aggregate the tech-focused family of brands connected with Paystack. TSG
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Nigerian Digital Bank, Kuda, Sees Losses Grow By Over 600% in 2021
Kuda Bank reported a significant loss of over $14 million in 2021, with losses increasing by 602% compared to 2020, despite a substantial revenue growth. High non-performing loans and rising operating expenses necessitate a strategic restructuring, prompting layoffs to reduce costs.
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Holiverse: Real or Fake? Understanding the Nature of Reality
Holiverse prioritizes philosophy over marketing, emphasizing authenticity and independent thought over mere technology. Its mission challenges users to explore deeper questions about identity and purpose amidst superficial promises.
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INTRODUCING | The Largest Bank in the United States Launches On-Chain Yield Fund on Ethereum
JP Morgan Chase, the largest bank in the United States and one of the largest financial institutions in the world, has formally entered the contest for on-chain cash, and the prize isn’t just another product line – it’s the billions of dollars sitting in stablecoins and early tokenized funds that
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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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FUNDING | Human Rights Foundation Awards 1.3 Billion Satoshis to 22 Global Bitcoin Projects, 2 Are African

In Q4 2025, the Human Rights Foundation (HRF) awarded 1.3 billion Satoshis through its Bitcoin Development Fund to support 22 projects building censorship-resistant financial tools, open-source Bitcoin infrastructure, and education initiatives around the world.
The grants span Bitcoin Core
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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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