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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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资金 | 人权基金会向22个全球比特币项目拨款13亿聪,其中2个是非洲项目
在2025年第四季度,人权基金会(HRF)通过其比特币开发基金会授予了13亿聪,以支持22个项目,这些项目致力于构建抗审查的金融工具、开源比特币基础设施以及全球范围内的教育倡议。
这些资助涵盖比特币核心代码、软件开发、基础设施建设以及相关的教育项目。
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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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