Digitizing Africa's community banks — Quartz Africa Member Brief — Quartz
Fintechs enable SACCOs to offer faster, better, secure services
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Fintechs enable SACCOs to offer faster, better, secure services
IEO buzz analyzed The crypto world changes at a mile a minute. After 80 per cent (probably more) ICOs failed, the industry knew there had to be a better way to help viable projects succeed. Exchanges expose new projects to millions of investors instantly making the IEO a perfect partnership for mutual blockchain success. According to data from CoinSchedule.com, close to $180 million had been raised through IEOs in 23 offerings in the first quarter of 2019. IEOs have huge potential from a growth perspective. Bill Shihara, CEO of US-based exchange Bittrex believes that IEOs have the potential â...
DeFi platform Xendi Gets New Funding and Partnership Deal before Launch Last Updated: 10 February 2021 Nigerian-based DeFi platform Xend Finance has landed new funding and partnership deals to support its goal of building a strong decentralized financial credit union. The firm enables cooperatives and credit unions to earn interest on deposits when they are converted to stablecoins. The Binance-backed platform is the first in the country to offer high-interest savings opportunities. The platform was launched in 2019 by Ugochukwu Aronu, Chibuike Aguene, and Chima Abafor. It...