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Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.
In this edition,
Global FinTech blockchain market projected to grow by $9.34 billion : Report as stated by “Global FinTech Blockchain Market 2021-2025”, the global fintech blockchain market is projected to grow by $9.34 billion during 2021-2025, progressing at a CAGR of over 63% during the forecast period.
Global AI in Fintech Market Projected to reach USD 17440 Million : Globally, AI in Fintech market is projected to reach USD 17440 Million by 2027, from USD 5350.8 Million in 2020, at a CAGR of 17.9% during the forecast period 2021-2027
WeChat Pay Accepts China’s Digital Yuan : Digital yuan, China’s digital currency to be accepted on the country’s largest messaging app, WeChat Pay – which could mark a milestone for its acceptance to as most of the country’s 1.4 billion people use WeChat Pay for mobile payments.
PayPal Explores Launch of its Own Stablecoin : PayPal Holdings Inc. probes the launch of its own stablecoin as part of its cryptocurrency push, according to the company, which confirmed the development after evidence of the move was discovered inside its iPhone app.
The Future of the Point of Sale (POS) Is Here: Visa Pioneers Cloud-based Payment Acceptance : Visa unveils a new platform that will transform ways businesses accept payments from customers. Visa Acceptance Cloud (VAC), will enable acquirers, payment service providers, point of sale (POS) manufacturers, and Internet of Things (IoT) players move payment processing software from being embedded in each hardware device to being universally accessible in the cloud.
10$ million funding for Africa Tech startups : Ajim Capital makes available 10$ million fund to support best African-founded technology companies at pre-seed and seed stages with typical funding between $25K to $150K. African entrepreneurs with the power to create valuable businesses using technology that compete on a global scale while massively changing the lives of Africans can take this opportunity.
UK FinTech Week 2022 : scheduled for the 4th to 8th April across the UK at the Guildhall in London, the UK FinTech Week 2022 is a five-day world-class content delivered by some of the biggest names in finance, government and tech.
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