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August 12, 2023

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

In this edition,

PayPal launches dollar-backed stablecoin, boosting shares : PayPal has launched a U.S. dollar stablecoin , PayPal USD, backed by U.S. dollar deposits and short-term U.S Treasuries, hence, becoming the first major financial technology firm to embrace digital currencies for payments and transfers.

Mastercard teams with Lipa Later Group to Drive Financial Inclusion and Expand BNPL Solutions in Africa : Lipa Later joins Mastercard to accelerate the expansion of  BNPL payment services in Africa to empower individuals and businesses with access to seamless credit, shopping experiences and transactions, both online and in-store

Four African startups make CNBC’s top 200 global fintech list : Nigerian fintech startups, Opay and Kuda, South Africa’s Yoco and Egyptian’s Fawry made a debut on CNBC’s list of top 200 global fintech companies building innovative, tech-enabled, and finance-related products and services

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 power 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

The PAY360 Awards : On October 4, the PAY360 Awards will celebrate innovation and collaboration by companies that have made significant advances in payments. Join 950+ of senior executives from across the payments value chain, for an opportunity showcase your business

OPPORTUNITY

AWS unveils new accelerator program, Build, for early-stage startups : Amazon Web Services adds another accelerator, AWS Build, to provide technical and business guidance through its virtual global educational and informational program tailored toward early-stage, pre-seed startup founders

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