Monday, May 12, 2025
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Paxful

Africa By Region

Paxful Records Over 6 Million Users

Jenna Delport -
Paxful now has more than six million users across its peer-to-peer payments platform. The fintech allows users to buy and sell cryptocurrencies, make payments and send money. “Our mission at Paxful is to give everyone equal access to finance, no...
Company News

Paxful and Uhuru Wallet Join Forces to Ease Money Transfers

Jenna Delport -
Paxful has partnered with Uhuru Wallet to add a new payment method to its platform. This collaboration is expected to give South Africans access to the crypto economy, making it easier to make money transfers.  The cost of financial transactions...
Africa By Region

More Women In Africa are Turning To Cryptos, Research Shows

Jenna Delport -
The COVID-19 pandemic has brought the global economy to a standstill and put millions of people under financial stress. Understandably, people from all walks of life started looking for alternative income streams. Not only are these side jobs providing...
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...
Digital Transformation

Paxful surpasses 3 million crypto wallets milestone

Jenna Delport -
Paxful, a peer-to-peer bitcoin marketplace, announced on Monday, 11 November 2019, a major growth milestone - it now services 3 million wallets with more than 800,000 being added in the last 12 months, predominantly in the USA, Nigeria, and...
Features

Blockchain marketplace believes women are the key to innovation in Crypto industry

Jenna Delport -
Digital peer-to-peer crypto marketplace, Paxful believes that women play an extremely important role in the future of blockchain in Africa. In a press release issued on Friday, 30 August 2019, the Bitcoin platform expressed the desire to expand its...
FinTech

How to buy Bitcoin with iTunes gift cards in Nigeria

Fundi Maseko -
iTunes gift card market is one of the top online investments that many Nigerian youths involved in as they regularly trade these gift cards for fiat currencies on different trading platforms. However, one phenomenon that has begun to trend...
FinTech

Paxful launches wallet App

Fundi Maseko -
Paxful, peer-to-peer bitcoin marketplace, has announced the official launch of their wallet app. They have also pledged to continue aiding the growth of entrepreneurship in emerging markets by giving away bitcoin to those who attend the workshop and download...
East Africa

Paxful offers bitcoin workshops to universities in Africa

Fundi Maseko -
On Tuesday, 14 May 2019, Statistics South Africa announced that the youth unemployment rate in the country remains at an all-time high of 55.2 per cent. In a bid to help create employment, global peer-to-peer Bitcoin marketplace, Paxful is...
Cybersecurity

Global marketplace credits African consumers’ feedback for security advances

Fundi Maseko -
Peer-to-peer Bitcoin marketplace, Paxful announced that they have teamed up with Jumio, a digital identity and address verification company in order to improve Anti-Money Laundering (AML) procedures and implement Know Your Customer (KYC) requirements onto the marketplace. Jumio's AI-powered...
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Latest News

CybersecurityMamsi Nkosi -

Communications Sectors Remain Highly Targeted by DDoS Attacks Across North Africa – NETSCOUT

The ICT sector in the countries of North Africa is well developed, with Morocco leading the continent in internet usage at...
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