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Digital money

What Factors Influence Cryptocurrency Prices?

The digital money market is known for its outrageous instability, with financial backers encountering gains and misfortunes around the same time at times. What causes the cost and unpredictability of digital currencies is an inquiry that numerous financial backers...

Fonbnk Raises $3.5-Million in Seed Funding to Aid Underbanked Across Africa

Fonbnk, a US-based company that leverages the widespread penetration of billions of prepaid mobile SIM cards to enable interoperability between the Web3 internet and traditional fiat-based monetary systems, announced on Tuesday the closing of a $3.5 million seed round. Fonbnk...

South African money exchange startup is seeking funding

South African developed startup, Fourex announced on Monday, 9 September 2019, that it has opened its second round of crowdfunding in a bid to raise just over $1 million. Fourex allows travellers to exchange notes and coins with various foreign...

WorldRemit set to boost Ethiopia’s remittance income

Digital remittance transfer company, WorldRemit is set to boost Ethiopia’s income from remittance by partnering with Commercial Bank of Ethiopia (CBE). The new strategic partnership significantly increases WorldRemit's footprint in Ethiopia, enabling its customers in over 50 countries to make...

Nigerian payments company partners UK fintech Azimo

European digital money transfer service Azimo has announced a strategic partnership with African payments business Interswitch Group. The deal will further enable instant money transfers from 23 countries in Europe to any customer in Nigeria- Azimo’s biggest market. "A huge and...

First Bank partners WorldRemit for digital money transfers to Nigeria

Digital money transfer service WorldRemit has joined forces with First Bank of Nigeria Limited (First Bank) for instant money transfers to all First Bank accounts in Nigeria. The new strategic partnership considerably expands WorldRemit’s footprint in the country and allows...

Digital money set to disrupt the banking industry

Natoshi Nakamoto – the creator of bitcoin – had a vision for the new age of commerce and that vision is being realised at a rapid pace as with all financial services, people all around the world desire financial...
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Why is Closing The Cybersecurity Gender Gap Critical?

2024 signifies a seminal moment in South African history. Not only does it mark three decades since the first...
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