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3232Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts
https://www.digit.info/nigeria-cryptocurrency-clampdown-central-bank-directs-fintech-firms-to-stop-opening-new-accounts/
Wed, 01 May 2024 05:31:06 +0000https://www.digit.info/2024/05/01/nigeria-cryptocurrency-clampdown-central-bank-directs-fintech-firms-to-stop-opening-new-accounts/Read more]]>The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your Customer (KYC) procedures implemented by these firms. Fintech […]
]]>Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study
https://www.digit.info/fintechs-accounted-for-over-30-of-tracked-kenyan-tech-startups-in-2022-study/
Sat, 07 Jan 2023 09:30:16 +0000https://www.digit.info/2023/01/07/fintechs-accounted-for-over-30-of-tracked-kenyan-tech-startups-in-2022-study/Read more]]>As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-sector alone accounted for 3,100 or 27% of the 11,462 people that were employed by tech startups during the same period. Fintechs […]
]]>Mastercard Study: African Fintech Sector Had One of the Highest Year-on-Year Growth Rates in Funding in 2021
https://www.digit.info/mastercard-study-african-fintech-sector-had-one-of-the-highest-year-on-year-growth-rates-in-funding-in-2021/
Tue, 01 Nov 2022 06:30:01 +0000https://www.digit.info/2022/11/01/mastercard-study-african-fintech-sector-had-one-of-the-highest-year-on-year-growth-rates-in-funding-in-2021/Read more]]>In 2021, African fintech startups accounted for 61% of the $2.7 billion in venture capital funding that was deployed on the continent, a new study has found. While its share of global fintech funding is just over one percent, the continent’s fintech sector still recorded one of the highest year-on-year growth rates globally. ‘Record-High Number […]
]]>Luno Launches Venture Fund to Invest in Over 200 Crypto and Fintech Startups per Year
https://www.digit.info/luno-launches-venture-fund-to-invest-in-over-200-crypto-and-fintech-startups-per-year/
Fri, 18 Mar 2022 23:30:59 +0000https://www.digit.info/2022/03/18/luno-launches-venture-fund-to-invest-in-over-200-crypto-and-fintech-startups-per-year/Read more]]>Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges, Luno, recently announced […]
]]>Report: Nigerian Fintechs Account for Nearly 91% of $417.5 Million Raised by Tech Startups in the Country
https://www.digit.info/report-nigerian-fintechs-account-for-nearly-91-of-417-5-million-raised-by-tech-startups-in-the-country/
Tue, 30 Nov 2021 11:30:42 +0000https://www.digit.info/2021/11/30/report-nigerian-fintechs-account-for-nearly-91-of-417-5-million-raised-by-tech-startups-in-the-country/Read more]]>According to an analysis of the $417.5 million that was raised by Nigerian tech startups during the first nine months of 2021, fintech firms accounted for about $379 million or 90.78% of the total. Nigerian Fintechs Dominate the African Continent Nigerian fintechs currently account for more than 90% of the $417.5 million that was raised […]
]]>Demand for Crypto Experts in India Hikes Remuneration, Vacancies Spike
https://www.digit.info/demand-for-crypto-experts-in-india-hikes-remuneration-vacancies-spike/
Thu, 14 Oct 2021 07:30:35 +0000https://www.digit.info/2021/10/14/demand-for-crypto-experts-in-india-hikes-remuneration-vacancies-spike/Read more]]>A deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local media reported quoting data from recent studies. Demand for professionals in the field has been growing rapidly in the past year. Crypto Experience Can Bring up to $100,000 in Annual Salary Indian IT companies […]
The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your Customer (KYC) procedures implemented by these firms. Fintech […]
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As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-sector alone accounted for 3,100 or 27% of the 11,462 people that were employed by tech startups during the same period. Fintechs […]
In 2021, African fintech startups accounted for 61% of the $2.7 billion in venture capital funding that was deployed on the continent, a new study has found. While its share of global fintech funding is just over one percent, the continent’s fintech sector still recorded one of the highest year-on-year growth rates globally. ‘Record-High Number […]
Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges, Luno, recently announced […]
According to an analysis of the $417.5 million that was raised by Nigerian tech startups during the first nine months of 2021, fintech firms accounted for about $379 million or 90.78% of the total. Nigerian Fintechs Dominate the African Continent Nigerian fintechs currently account for more than 90% of the $417.5 million that was raised […]
A deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local media reported quoting data from recent studies. Demand for professionals in the field has been growing rapidly in the past year. Crypto Experience Can Bring up to $100,000 in Annual Salary Indian IT companies […]