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Luno Wallet

FinTech

Luno Records $8.3 Billion in Transactions Worldwide

Jenna Delport -
Luno has recorded $8.3 billion in transactions worldwide after recently adding nearly a million new South African customers to its crypto platform. An estimated 15% of South Africans have invested in bitcoin – the second-highest percentage in the world according...
Company News

Luno Reaches 7 Million Users Milestone

Jenna Delport -
South African-founded Luno has officially recorded seven million customers (wallets) - just seven weeks after reaching the milestone of six million customers. The business believes this growth is due to the simplicity of its online and mobile platforms, offering education, bank-grade...
Company News

Luno is Acquired by Global Blockchain Investor

Jenna Delport -
South African-founded Luno has been acquired by Digital Currency Group (DCG) - a global enterprise that builds, buys and invests in blockchain companies. Luno began in South Africa in 2013. It now has five million customers spanning over 40 countries as...
Africa By Region

Why Africa is the New Frontier for Cryptocurrency

Jenna Delport -
The ongoing global health crisis has brought many businesses to a screeching halt. But it seems it has not slowed down Africans’ interest in cryptocurrency.  In one month, peer-to-peer (P2P) bitcoin trading in Africa reached record levels. Data from analytics...
Features

What to Expect from the 2020 Bitcoin Halving

Jenna Delport -
The Bitcoin halving is a planned reduction in rewards miners receive. Halvings happen once every four years or so. And the next one will take place in the early hours of Tuesday, 12 May 2020. What exactly is a halving...
FinTech

Luno adds Litecoin to its Crypto Exchange Platform

Jenna Delport -
Cryptocurrency exchange, Luno has announced that - as of 11 May - users will be able to buy, sell and trade Litecoin (LTC) on the platform - this is following the recent introduction of XRP. LTC, often referred to as...
FinTech

Cryptocurrencies: 2019 in review

Jenna Delport -
The world of crypto in 2019 has brought more price fluctuation, many announcements that indicate cryptocurrency is becoming increasingly mainstream and tighter regulatory scrutiny. As the globe moves towards a new financial system, cryptocurrency ownership has grown this year...
Features

South African crypto-exchange achieves milestone number of customers

Jenna Delport -
"Despite Bitcoin’s volatility, cryptocurrency trades continue to rise," says Marius Reitz, Luno Africa GM. Reitz's comment comes shortly after the South African cryptocurrency exchange, Luno announced that it now has three million customers spanning 40 countries. Naspers-backed Luno was founded...
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Latest News

Company NewsMamsi Nkosi -

AfDB Group Welcomes New Director to President’s Cabinet

The African Development Bank Group (AfDB)has nominated Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President's...
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