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August 6, 2022

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

In this edition,

Nigerian fintech firm, Bloc acquires Payment Company, Orchestrate : Nigerian FinTech and BaaS infrastructure provider, Bloc, acquires Getwallets, a wallets-as-a-service provider, now Orchestrate, to simplify FinTech infrastructure for businesses.

“Chainalysis Government Solutions” to assist U.S. Agencies in Crypto Crime Investigation : Chainalysis unveils its “Chainalysis Government Solutions“, which will assist U.S. law enforcement and government agencies investigating cryptocurrencies criminal operations and recovery of funds for victims.

Japan’s central bank scraps CBDC plans due to lack of interest from public : Bank of Japan finds its CBDC technically not feasible as it lacks significant support due to prevalence of private sector-based payment tools which comes with other benefits.

Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency : The Central Bank of Honduras says Cryptocurrencies are still in a legal gray area in Honduras and that citizens use it at their own risk.

EVENTS 

The International Fintech Congress IFC 2022 : Organized by the Morocco Fintech Association, scheduled for November 11-13, 2022 in Marrakech, Morocco, the International Fintech Congress (IFC) 2022 will be an experience and opportunity to witness the account of state-of-the-art works, future trends impacting fintech, focusing on elucidating the challenges, opportunities, and inter-dependencies that are just around the corner, while it explored four tracks of topics : Fintech services, Technologies applied to finance, Innovation, financial inclusion & Social development, Fintech Ecosystem & economic development.

 

OPPORTUNITY

Applications for ARM Labs Lagos Techstars Accelerator Program Open : ARM in partnership with Techstars call for applications for the ARM Labs Lagos Techstars Accelerator Program, a 3-month intense training program set to commence in Lagos state by December 2022 for early-stage fintech and proptech start-ups based in Africa from June 6th – to August 24th, 2022. Selected start-ups will have access to Techstars’ vast network of 7,000+ mentors, 20,000+ investors, over 10,000 founders, alumni, and corporate partners. Other benefits include up to $120k in funding, curated start-up programming, one-on-one mentorship sessions, access to a Lagos office space and to future Techstars events.

 

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