Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning
September 1, 2024
Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.
In this edition,
Brazil cemented its place as a leader in the LATAM FinTech market with 44% of all deals : The LATAM FinTech industry saw a 58% decline in deal activity in H1 2024, with 79 funding rounds completed compared to 189 in H1 2023. However, companies raised $1.2bn, with Brazil remaining the most active market and Colombia emerging as the second
India CBDC Roll Out Will Be Gradual : The Reserve Bank of India’s Governor, has confirmed that five million users and 16 banks are part of the central bank digital currency pilot, urging caution before rushing the rollout. CBDC could support domestic and cross-border payments and enhance financial inclusion
Russia Rethinks Crypto Exchanges to Smooth Payments Obstacles : Russia is set to launch trials of cryptocurrency exchanges and cross-border transactions on September 1, using the National Payment Card System. The trials aim to address payment issues following global sanctions, focusing on stablecoins as an efficient alternative
eTranzact to Revolutionise Fintech Operations : New Board Chair is set to lead eTranzact Ghana Ltd, aiming to transform the country’s fintech industry from a B2B service provider to a B2C giant, introducing Xcel Ghana for transaction purposes
Other Stories Of The Month
Nigeria’s Waza comes out of stealth with $8m funding to power global trade for African businesses
DIGITAL CURRENCY: Germans Prefer Carrying Cash as CBDC Decision Looms
Africans to access Finance through new Fintech Solution
Fintech Apps Created for Women, By Women
EVENTS
AI Applications in FinTech Training Course : Set to Bridge Critical Industry Skills Gap : The Global Centre for Fintech Innovations is launching a one-day online training program, “AI Applications in FinTech,” on October 1, 2024, aimed at professionals in FinTech, including decision-makers, bankers, financial analysts, tech professionals, and academics, to effectively leverage AI
Other upcoming Events
African Tech Ventures Unlocking UK Capital Markets and Exits
OPPORTUNITY
Visa Accelerator Program 2024 : The Visa Accelerator Program offers a 3-month journey for African startups to connect with mentors, technology, and investment opportunities, aiming to disrupt the FinTech industry and revolutionize finance
Other Opportunities
Applications open for 7th Ecobank Fintech Challenge
10 startups selected for Google for Startups Accelerator Africa
Follow us @knowledgeinnovations and LinkedIn
WhatsApp us:+233242555135
Subscribe to Emerging Tech Trends – ETT Here