A major retail supermarket chain in South Africa that partners with Luno for crypto payments.
Nigerian startup FoodCourt suspends operations amid mounting debts
FoodCourt, a Nigerian cloud kitchen startup, has suspended operations amid financial pressures and unpaid salaries. The SEC has admitted GIGX Technologies and KuCoin Nigeria Limited into its Accelerated Regulatory Incubation Programme, granting them Approval-in-Principle.
Fintech Partnership Bridges South Africa’s Cash to Digital Gap
Since 2011, bank account ownership in sub-Saharan Africa has more than doubled. 49 percent of adults in sub-Saharan Africa now own a bank account.
Peach Payments Partners with MoneyBadger to Enable Crypto Payments in SA
68% of South Africans own or have bought Bitcoin, showcasing high adoption rates. Peach Payments partnered with MoneyBadger to enable merchants to accept Bitcoin payments.
Luno co-founder’s MoneyBadger raises $400,000 pre-seed
MoneyBadger raised $400,000 in a pre-seed funding round to scale its Bitcoin payment infrastructure. The startup is integrated into over 1,600 retail outlets, including supermarkets and fashion stores.
South Africans are spending $112k monthly in crypto to buy everyday items
South Africans are spending over R2 million monthly on groceries and other essentials using cryptocurrency. Luno Pay has facilitated over R20 million in crypto transactions since its launch.
