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Kenyan Startup Partners With AI-Powered Crypto Rating Platform, Evai
Bitlipa is a Kenyan startup that allows users to convert fiat Kenya Shillings to Tether USDT and Bitcoin, and vice versa. It makes use of the M-Pesa mobile payments app to on-ramp clients into the crypto world and off-ramp clients back into the fiat world. According to a recent study conducted by the cryptocurrency exchange platform Gemini,
Crypto Company Luno Hits New Milestone With 10 Million Global Customers
Luno, the crypto company founded by two South Africans, now has million customers in over countries. Luno’s latest one million customers were onboarded in just six months. South Africa is one of Luno’s strongest and most active markets. Customer growth in South Africa is almost % year-on-year. Over % of the new customers added in the last
Crypto seen as the ‘future of money’ in inflation-mired countries
Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.” According to the report, % of crypto owners surveyed globally purchased crypto for the first time in , including more than half of crypto owners in Brazil at %,
OVEX is bringing its crypto toolkit to Africa
Pioneering crypto exchange OVEX is on a quest to conquer Africa, bringing its crypto toolkit to solve real-worlds problems such as cross-border payments and trade finance. OVEX CEO Jon Ovadia says an obvious application of cryptocurrency is in the area of wealth preservation. On Tuesday April the US released its latest Consumer Price Index CPI figures, with
Latin America’s Exports And Profits Soar Amid Ukraine War
The war in Ukraine is causing a spike in global commodity prices and Latin America is cashing in. After a record-breaking , many analysts expected that export-related profitability in Latin America would subside in . However, the Russian invasion of Ukraine changed that picture entirely. Now, with global commodity prices sustaining their upward trajectory, and growing demand
PayRetailers digs further into Latin America with two acquisitions
Barcelona-based payment service provider PayRetailers has bolstered its commitment to Latin America with the acquisition of two online payments platforms, Chile’s Paygol and Colombia’s Pago Digital. The premier payment platform said the dual takeover strengthens its breadth and depth as the company moves to capture the potential of e-commerce payments across a region with more than million
