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February 17, 2024

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

In this edition,

India stumped on how to cut PhonePe and Google dominance in payments : India attempts to control PhonePe and Google Pay’s dominance in the Unified Payments Interface (UPI) payments network, with the National Payments Corporation of India (NPCI) seeking industry suggestions to achieve a 30% market share cap. Industry executives suggest stopping new user additions to counter PhonePe and Google Pay’s dominance

Mastercard and Visa to stop card-based Commercial Payments : The Reserve Bank of India has requested card networks like Visa and Mastercard to stop card-based commercial payments for corporations and small enterprises due to a lack of proper KYC. Fintech startups are cautiously halting commercial card payments until clarity from the RBI is provided, fearing it could upset the regulator

UAE FinTech startup, Kema, revolutionises B2B payments with Pre-seed Fund : UAE-based FinTech platform Kema has secured a $2m pre-seed funding round, led by Speedinvest and the Dubai Foundation District Fund, to revolutionize B2B transactions, automate invoice-to-cash processes, and support SMEs through its Software as a Service platform

TRAINING

6th Cohort Professional Certificate Training in Financial Technology(FinTech) and Innovations : From June 19 – 20, 2024 , 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

GITEX AFRICA 2024 : Africa is embracing technological advancements to transform business, society, and culture. GITEX AFRICA 2024 is focused on sectors like Digital Health, Sustainability, and Agritech, offering tech opportunities, strategic collaborations, and insights on critical topics like Cloud x IoT x AI, connectivity, cybersecurity, and digital finance

OPPORTUNITY

The BNB Chain Builder Grant Program : The BNB Chain Builder Grant Program encourages innovative solutions for the BNB Chain ecosystem, providing grants, technical guidance, mentorship, and exposure to the community for developers, entrepreneurs, researchers, and enthusiasts

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