Fintech

Bitcoin and other crypto have grown from an obscure asset class with few users to a crucial element of the digital asset revolution, sharing the same market prices as stocks. As a result, this is sparking concerns about financial stability.   In a blog post titled ‘Crypto Prices Move More in…

For the global cryptocurrency industry, 2021 is likely to be remembered as one of the many years bitcoin broke past its all-time price high and drove the sector even closer towards mainstream adoption. However, from a regional perspective, it is also arguably the year where Africa took centre stage. Crypto…

Last year was an eventful one for the cryptocurrency market, and forecasts show that 2022 could be equally epic. Cryptos began 2021 on a...

As the new year unfolds the Nigeria Federal Government has disclosed its plans to crackdown on unlicensed fintech startups in 2022. The government will regulate the fintech startups through the Central Bank of Nigeria, CBN. This is amidst the rise in the online financial services market championed by fintech startups. According…

The advent of digital assets brought about a change in all sectors, including land property. Report shows that virtual property acquisition is surging, and trending and investors are putting millions into virtual land to acquire a plot in a city that exists only in the virtual world. Metaverse Group, a…

Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, recorded new all-time highs and El Salvador became the first...

This year has unquestionably been the year of cryptocurrencies, and there is no sign of it stopping anytime soon, even in 2022.  Cryptocurrency is a novel means of keeping value and, in certain cases, doing business. When Bitcoin, the world’s first cryptocurrency, rocketed beyond $60,000, it made many people millionaires.…

CinetPay, a digital finance platform that enables merchants in Francophone Africa to seamlessly accept and make payments, has announced a $2.4 million seed fundraising round from 4DX Ventures and Flutterwave. The investment will boost CinetPay’s sales and marketing efforts across nine markets in West and Central Africa. Since its 2016…

As the holidays approach, opportunities to profit and make money with cryptocurrency before Christmas are achievable. This could make your December a detty month.  According to Eliptic, a business that records the transfer of cash on digital ledgers backing cryptocurrencies, have totalled $12 million of losses due to DeFi attacks…

African economic experts call for the need to have an African cryptocurrency and integrated capital market on the continent to improve trading, ease business expenses, and ensure growth post-COVID-19. Anouar Hassoune, Professor of Finance and CEO of West Africa Rating Agency, said the creation of an African cryptocurrency and integrated…