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April 29, 2023

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

In this edition,

China’s Digital Yuan to be used for Government Wages : Effective May, all civil servants and public officials in Changshu – a city in China will receive their wages in digital yuan an initiative of China’s broader efforts to increase the uptake of its digital RMB across a range of sectors

Cosmose AI Valued at $500m ; adds Web3 Capabilities : Cosmose AI has received an investment that values it at $500 million from Near Foundation, a Web3 technology focused, to innovate within the Web3 ecosystem to predict and influence how consumers shop offline

Global FinTech Investments fell by $75 billion last year – KPMG : Globally, fintech investments fell by more than 30% last year from 2021 despite a solid start, due to the cool-off of investments in the last three quarters due to unfavourable macroeconomic and geopolitical developments

Walmart-backed PhonePe set to challenge Google’s dominance with app store : PhonePe prepares a launch of its app store for Indian android users and vendors by offering “premiere experience for millions of users with high-quality advertisements and custom targeting,” support for 12 languages and 24×7 live chat

TRAINING 

5th Cohort Professional Certificate Training in Financial Technology(FinTech) and Innovations : From November 19-20, for the fifth time, this training is expected to empower a new group of individuals and companies in FinTech Innovations through knowledge & skills set training at the Kofi Annan ICT Centre, Accra-Ghana & Online.  Click here to register

EVENTS

Nigeria Cybersecurity Summit 2023 : With billions of dollars being lost to cybercrime annually, Nigeria Cybersecurity Summit, a two-day event will bring experts and businesses together to explore strategies to secure the digital future from April 27-28

OPPORTUNITY

Visa opens Global challenge application for Nigeria’s Fintech Startups : The opportunity to showcase your innovative fintech startup to the world, a platform to gain recognition and build credibility and a chance to win cash prize is here from the Visa Everywhere Initiative competition

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