BitKE

Ajé, a Nigerian blockchain-based social commerce platform, has gained over 7,500 users in a year by offering secure digital transactions through escrow services. It aims to foster trust and economic inclusion in online commerce, completing over 1,000 transactions and anticipating further growth with ongoing funding initiatives.

Zimbabwe's monthly inflation has risen sharply since the introduction of the ZiG currency in April 2024, driven by increased food prices. The ZiG depreciated against the U.S. dollar, and despite its recent stability, food shortages and upcoming droughts threaten further inflation.

Alchemy Pay has partnered with Yellow Card to enhance its on-ramp product for crypto transactions across Africa. This collaboration offers smoother payment options, lower fees, and improved success rates, making it easier for users in several African countries to purchase cryptocurrency using local currencies.

IvoryPay, a blockchain payment platform, has partnered with Hedera to enhance its services. With over $80 million in transactions and 8,000 merchants, this collaboration will improve infrastructure, expand services in Africa, and foster digital currency adoption.

Yuki, a Nigerian fintech, partners with Aladdin Digital to enhance digital asset access for over 75,000 users in Africa. This collaboration simplifies crypto solutions for fintech firms while promoting responsible investing and user-friendly experiences in the crypto ecosystem.

Smile Identity, one of the leading providers of digital identity verification solutions for Africa, has announced that it has secured $20 million in Series B funding.
The round was Co-led by:
Costanoa and
Norrsken22
with additional new investments from:
Commerce

VISA has launched the VISA Tokenized Asset Platform (VTAP), enabling banks to issue and manage fiat-backed tokens on blockchains. The platform offers a sandbox for development, supports minting and transferring tokens, and aims for interoperability across blockchains.

Meta announced the global release of the WhatsApp Cloud API, enhancing business communication with features like free cloud hosting, improved response times, and easier integration with existing systems. This aims to strengthen customer interactions on WhatsApp.