Sidebar: Inside Minipay’s $40M stablecoin strategy
For Minipay, stablecoins aren’t just a product but the foundation for cross-border payments, savings, and financial inclusion in a fragmented continent.
Venture Capital
Ghana to launch CBDC, the eCedi in 2025 — Report
This follows a two-year delay despite a successful pilot program.
A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable
South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.
Nigerian venture capital firm EchoVC launches an $8 million blockchain fund
The firm aims to fund solutions across multiple areas of blockchain use cases.
Stellar Network and DFS Lab launch fund to support African fintech startups
The fund will back startups building digital payment solutions on the Stellar blockchain.
Cardano-focused accelerator Adaverse invests in Nigeria's BoundlessPay
BoundlessPay joins a growing list of beneficiaries of Adaverse’s investment. Some other recipients include Afriex, Afropolitan, Bitmama, Canza Finance, Ejara and Stakefair.
Pan-African Crypto Exchange Yellow Card Secures $40M in Series B Funding Round to drive business growth, expansion and strategic partnerships
The company has now raised a total of $57 million, more than any crypto company on the continent has received to date.