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REPORT | Majority of Kenyans Borrowed Digitally to Finance Education in H1 2024, Says Tala Survey
A survey by Tala reveals that education drives borrowing needs for Kenyans, with digital credit aiding income gaps. While inflation has eased, 56% still cut expenses, reflecting improved financial well-being.
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[DEADLINE: JULY 21, 2022] The Central Bank of Nigeria Announces eNaira Hackathon for All Africans
The Central Bank of Nigeria and Africa Fintech Foundry have launched the eNaira hackathon, inviting tech enthusiasts to create innovative solutions for improving the digital currency's adoption, focusing on areas like remittances and financial inclusion.
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Congolese Fintech, Vault Pay, Becomes 3rd African Startup Selected to Join Y-Combinator S23 Batch
Congolese startup Vault Pay has been selected for Y Combinator's Summer 2023 class, joining notable companies. Founded in 2023, it aims to develop payment infrastructure in Central Africa, enhancing banking services through telecommunications.
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REGULATION | ConsenSys Sued by The United States SEC for Brokering Securities on MetaMask Swaps
The United States Securities and Exchange Commission (SEC) has filed a suit against MetaMask parent company, ConsenSys, alleging that the company ‘acted as an unregistered broker of crypto asset securities through its MetaMask Swaps service.’

“Since January 2023, ConsenSys has engaged in the unr
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STABLECOINS | Leading African Fintech, Flutterwave, Selects TurnKey to Power Verifiable Stablecoin Wallets Across Africa
In a major milestone for crypto-native payments in Africa, Flutterwave, one of the continent’s largest payments infrastructure platforms, has teamed up with TurnKey to launch secure and verifiable stablecoin balances for merchants and users.
Through this collaboration, Flutterwave is integrating Tu
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INTRODUCING | NYSE-Listed Owner of Betway Gambling Platform Issues First Bank-Backed ZAR Stablecoin
New York–listed Super Group, through its South African subsidiary, Super Money, has launched ZAR Supercoin, a digital rand stablecoin backed 1:1 with fiat reserves and redeemable instantly.
Super Group is widely known as the owner of the Betway online gambling platform.
According to Super Money
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Nigerian Crypto Infrastructure Startup, Yuki, Partners with Nigerian Neobank, Aladdin Digital Bank, to Mainstream Digital Assets in Africa
Yuki, a Nigerian fintech, partners with Aladdin Digital to enhance digital asset access for over 75,000 users in Africa. This collaboration simplifies crypto solutions for fintech firms while promoting responsible investing and user-friendly experiences in the crypto ecosystem.
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