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Tech-savvy Africans are hedging against inflation by going digital

Opera’s MiniPay surpasses one million users in five months, signalling the arrival of decentralised finance (DeFi) as a way for Africans to manage exposure to inflation. ....

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The Weekly Notable Startup Funding Report: 1/20/24 – AlleyWatch

The Weekly Notable Startup Funding Report: 1/20/24 – AlleyWatch
alleywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alleywatch.com Daily Mail and Mail on Sunday newspapers.

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Canza Finance raises $2.3m to deepen its cross-border trade play

Canza Finance, a Web3 neobank enabling cross-border payments for African startups, has closed a $2.3 million strategic round. The company will use the funding round to acquire licenses from diverse financial regulators across Africa and build the foundation for its innovative FX DeFi platform. ....

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