Payment company, Visa (V), announced on Monday that customers can use the cryptocurrency USDC Coin to settle payment transactions. The USDC, or U.S. Dollar Coin, which was launched in 2018,...
Nigerian payment gateway SeerBit recently announced a partnership with Wix, a SaaS platform to create, manage, and grow a strong online presence to boost e-commerce in Africa.SeerBit is a subsidiary o...
Step, a teen-focused US banking service, has raised $100 million in a Series C funding round led by General Catalyst, and payment platform Stripe. Other investors include celebrities Will Smith, Jared...
Nigerian finance service provider, CrowdForce recently announced that it had closed $3.6 million in pre-Series A funding, including $1 million in debt. Aruwa Capital Management led the round. Othe...
Access to basic financial services is quite limited in most countries in sub-Saharan Africa, and the Democratic Republic of Congo (DRC) is not left out. Records have it that, just 14% of the popul...
MFS Africa, a pan-African financial technology network, has announced the closing of a $100 million Series C extension, only a week after it announced the takeover of US-based Global Technol...
A creditor charges a borrower an interest rate, which is calculated as a percentage of the entire amount borrowed. The Federal Reserve increases the fed funds rate, which is the rate at...
The Dow Jones Industrial Average increased by more than 800 points on Friday, topping last week's bear market lows and marking the start of the index's first weekly gain since May. ...
Rita Dominic is a producer, actor, and co-founder of The Audrey Silva Company. She has won numerous awards. She had her first leading role in the popular Nollywood film A Time To Kill. Ever sin...
According to leaked confidential documents seen by CNBC, FTX drove the cryptocurrency frenzy to a billion dollars in sales last year while growing its global reach through a spree of deals....