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Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

TechCrunch

Pezesha is tapping local and international banking institutions, HNWIs and DeFi for additional liquidity for onward lending. Pezesha plans to create a $100 million financing opportunity each year for businesses by tapping local and international banking institutions, high-net-worth individuals and decentralized finance. “We

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. Website : [link]. Founded in : 2020.

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Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital

TechCrunch

The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. It focuses on investors new to cryptocurrency with educational features, as well as high net-worth individuals, and says it has transacted over $600 million in gross transaction volume since launching at the end of 2019.

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Solana Blockchain Software Development Services

Mobilunity

Solana binance smart chain development services can be used in most industries and has already been actively redefining industries such as Banking, Healthcare, and Real Estate. The major advantage of Solana, in comparison with other blockchains, is the ability to perform transactions much faster and at a much lower cost.

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Twig takes $35M to turn stuff you own into a way to pay

TechCrunch

It’s also worth noting that despite having a marketing slogan which paints itself as “your bank of things”, Twig is not actually a bank; rather a Twig account is an “e-money account” — so there are key regulatory differences (such as Twig accounts not being covered by the UK’s deposit guarantee scheme).

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Lightspeed and Max Levchin bet on Balance to bring B2B payments into the digital world

TechCrunch

Consumer payments is by no means a solved problem (I’ll trigger one hundred blockchain people if I say otherwise), but it sure as heck a pretty improved one. Financing is complicated and offered by a bank through — gasp — an actual phone call. Shudder, because there probably involves a fax machine somewhere in that loop.

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How to Create a Banking Application from Idea to Ready Product?

Existek

How does mobile banking impact the future of the financial industry? Why do banks and financial institutions recognize the potential to offer mobile app services to their customers? Check this article on how to build a mobile banking app and discover the opportunities it opens for your business.

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