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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

and Senegal-based mobile money provider, has raised $200 million in Series A round of funding. The International Monetary Fund says that as of 2017, only 43% of adults in sub-Saharan Africa were “banked” by way of a traditional bank or mobile money account. Wave , a U.S. ” Going up against incumbents.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

On the other hand, Appruve, which provides an API that verifies user identity, fraud detection and digital documentation, primarily focuses on new datasets that enable or complement traditional government data such as international passports and national IDs. We have product depth in Nigeria already.

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PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

TechCrunch

Barnwell tells TechCrunch that although these transaction volumes look impressive, pawaPay would have done more if not for regulatory hurdles and licensing approaches in each market. . We want to be completely covered in all the markets, with full licensing and be a very stable reliable premium product in these markets,” he added.

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FTX processed billions monthly in Africa before going bust

TechCrunch

In countries like Nigeria where the government previously banned cryptocurrency transactions through licensed banks and introduced a digital currency to reduce incentives for using unregulated crypto, the crackdown against crypto usage might intensify. It’s public record that it never happened.

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Telling Your Story: NetSquared #Storymakers2017 Workshops for Nonprofits

Tech Soup

The targets need to be linked like so: --> Jump to events in North America or go international with events in. Dakar, Senegal: Concours de Présentation des Projets. IMAGE ATTRIBUTION GUIDELINES Image Name: Author / License. Check each month that there are events in each region, and comment out the un-necessary regions.