Why crypto company Bitmama acquired fintech startup Payday
Bitmama would gain access to Payday's customer base through this deal, bringing the crypto company one step closer to its objective of promoting crypto-based remittances in Africa.
Business
Empowa goes multichain with Hedera’s decentralized ledger
The Mozambique-based startup integrates Hedera hashgraph to enable fiat payments by tenants across Africa.
Binance partners with CryptoConvert to introduce new crypto payment option for South Africans
The payment system allows Binance users to pay with crypto directly at Pick n Pay stores in South Africa, eliminating the need to fund Lightning wallets first.
Nigerian Police announces an arrest in connection to Patricia’s security breach
Bonse was alleged to have conspired to launder 50 million naira from funds stolen from Patricia.
Stitch introduces crypto payment option in South Africa
The novel feature is built on top of the crypto company’s VALR’s application programming interface (API).
Patricia fails to meet repayment deadline
After overcoming login issues, users discovered that Patricia has converted their existing crypto balances to PUTX and withdrawal is still unavailable.
Nestcoin-owned Onboard has launched its virtual cards
Nestcoin’s Onboard joins Bitmama and Bitnob in the growing trend of African crypto companies offering virtual cards.