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Fintech Training

Month: July 2022

Knowledge Innovations > 2022 > July
Central Bank Digital Currency (CBDC)

Algorand’s 2022 Central Bank Digital Currency (CBDC) Report Recommends a Hybrid Approach

  • July 30, 2022
  • Kwami Ahiabenu
  • Digital Currency
The Algorand research team today publishes “Issuing Central Bank Digital Currency Using Algorand,” a new report capturing insights from more than a year of continued research into how CBDCs...
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EMERGING TECH TRENDS – ETT July 30, 2022 : Insights into technologies shaping the future

  • July 30, 2022
  • Theodora Kwening
  • Weekly Insights
Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning Subscribe to ETT July 30, 2022 Welcome to Emerging Tech Trends...
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Central Bank of Kenya

Central Bank of Kenya Bars Banks from Dealing with Flutterwave, Chipper Cash

  • July 30, 2022
  • Kwami Ahiabenu
  • FinTech Services
Central Bank of Kenya (CBK), Kenya’s apex bank, has instructed commercial banks in the country to stop dealing with Nigerian fintechs, Flutterwave Payment Technology and Chipper Technologies.The CBK gave...
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Nigerian fintechs grapple with KYC amid rapid growth

  • July 30, 2022
  • Kwami Ahiabenu
  • FinTech Technologies
Nigerian financial technology companies are grappling with the aftermath of a Kenyan court account freeze order and a decision by a Texas court to jail the founders of Ping...
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US-based fintech Umba buys majority stake in Kenya’s Daraja microfinance bank

  • July 30, 2022
  • Kwami Ahiabenu
  • FinTech Services
Umba, a U.S.-based digital bank with a focus on emerging markets, has acquired a majority share of Daraja, a Kenyan deposit-taking microfinance bank, for an undisclosed amount. Kenya’s monetary...
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dbank

Pakistani FinTech startup Dbank raised $17.6 million

  • July 30, 2022
  • Kwami Ahiabenu
  • FinTech Services
Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. Founded in 2021, Dbank is in the process of building a...
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Fintech, 2022 Is Becoming The Year Of Layoffs

  • July 30, 2022
  • Kwami Ahiabenu
  • FinTech Applications
If 2021 was the year of plentiful venture capital and bloated valuations in fintech, 2022 is shaping up as the year of downsizing, with cuts ranging from dramatic and...
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FinTech Association of South Africa(FINASA)

Spotlight : The Fintech Association of South Africa (Finasa)

  • July 30, 2022
  • Kwami Ahiabenu
  • Education
FinTech Association of South Africa(FINASA) was formally launched in July 2022, with the aim of bringing  together the South Africa FinTech community to find sustainable solutions, creating a conducive...
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African Fintechs shutdown due to Fraud

  • July 30, 2022
  • Kwami Ahiabenu
  • FinTech Applications
Flutterwave, the most valuable African fintech, was called out for gross misconduct. Earlier in July 2021, a Kenyan court froze the accounts of Flutterwave, Boxtrip, Bagtrip, Elivalat, Adguru, Hupesi,...
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How Can the Central African Republic Leverage Crypto to Become Africa’s Fintech Capital?

  • July 30, 2022
  • Kwami Ahiabenu
  • Cryptocurrency
Haunted by the ghosts of colonialism, poor governance, and the rapid transformation of international markets, many parts of Africa’s economy require major structural changes. But the continent, in particular...
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