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Stake.com, an online cryptocurrency casino, recently faced a major security breach as hackers compromised their ETH/BSC hot wallets, resulting in the theft of over $40 million in cryptocurrencies. The incident has raised concerns about possible state-sponsored involvement, although no conclusive evidence points in that direction as of now. The platform swiftly reassured its users that […]
Bitgamo is making waves in the global cryptocurrency market with its groundbreaking offering of crypto-to-fiat exchange without the need for Know Your Customer (KYC) verification or account registration. As the pioneer in providing this highly convenient feature, the company aims to promote cryptocurrency adoption in regions that have been slower to embrace digital currencies. What’s […]
Moniepoint, a Nigerian fintech company, has recently revealed that its monthly transactions have surged to a staggering $12 billion. This impressive growth comes as Moniepoint expands its services into personal banking, with the aim of advancing financial inclusion in Nigeria. The company’s acting managing director, Babatunde Olofin, shared this exciting news during a press conference […]
Safaricom will launch its M-Pesa mobile money service in Ethiopia before close of this quarter ending September, just months after authorities in the populous country granted an operating licence to the telco. The plan, disclosed by Safaricom’s parent firm Vodacom Group Limited in a trading update, is set to help grow its Ethiopian operations revenue […]
Safaricom, Kenya’s largest telecom operator, has announced a new service that will allow customers to pay for goods and services using internet data credits. This is another push to expand our customer base in the East African country This feature applies to both postpaid and prepaid customers whose data volume is more than her 5 […]
PalmPay Celebrates 25 million Users, Says Cash Crunch Brought Company Into Limelight The digital payment company, PalmPay is celebrating 25 million users in Nigeria The company revealed in a recent conversation with journalists that it achieved the feat mostly during the cash crunch in Nigeria The company said it is rolling out a savings service, […]
KCB Bank has partnered with Visa and Thales, a French multinational dealing in technology to allow its customers to make contactless payment transactions. Through the service, KCB customers with Android handsets and Garmin wearables which offer fitness and health tracking products will be able to access all transaction information to help them complete purchases. The […]
Flutterwave, Africa’s leading payment technology company, today announced a partnership with SHiiP, a leading delivery company in Nigeria. The collaboration aims to improve deliveries to his Flutterwave SMEs and wholesalers on the African continent. Partnering with SHiiP, with over 40,000 of his small business owners using Flutterwave Store, provides a seamless end-to-end eCommerce experience. Flutterwave […]
Flutterwave, the African fintech firm is setting up its territorial headquarter for East Africa in Nairobi Kenya. This declaration was made by the company’s chief administrative and government relations Officer, Oluwabankole Falade amid the third American Chamber of Commerce (AmCham) Commerce Summit held in Nairobi final week. “We recognize the important part Kenya plays within […]
Arifpay, a leading Payment System Operator (PSO) in Ethiopia, has announced its integration with EthSwitch, the National Payment Switch of Ethiopia, in a move that marks a major milestone in the country’s payment industry. This partnership is set to bring numerous benefits to customers, merchants, and banks, and will drive financial inclusion and optimize payment […]
