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According to an announcement on Jan.3, blockchain fintech firm GammaRey signed a merger agreement with financial e-commerce and consumer data analytics company GoLogiq. Both companies are based in the U.S., while GoLogiq focuses on customers in Southeast Asia. As stipulated by the terms, GoLogiq will issue $320 million in common stock
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We TraiCon Events will be hosting Morocco’s premier fintech event titled as “Fintech Revolution Summit” supported by Union of Arab Banks scheduled on the 27th & 28th February 2023 at the Hotel Sofitel, Casablanca, Morocco. This forum will be attended by over top 300+ participants includes BFSI experts, fintech leaders,
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Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this kind of payment has thrived, representing 60% of the payments operations made, while plastic-based payment media has stagnated, registering a fall in
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Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where
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The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans could not afford to spend $200 on
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Australia's markets regulator, ASIC, is suing the company for allegedly providing financial services that should be licensed, leaving "consumers without important protections." Source
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According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s dramatic collapse also encourages regulators to
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Al principio, el nuevo servicio estará disponible para unos pocos miles de usuarios, dijo a CryptoX Andrés Rodríguez Ledermann, vicepresidente de gestión de patrimonios de Ualá. Pero en las próximas semanas se extenderá a los 4,5 millones de clientes que tiene la empresa en la Argentina. Source
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At first, the new service will be available to a few thousand users, Andres Rodriguez Ledermann, vice president of Wealth Management at Uala, told CryptoX, but it will be rolled out to all of the company’s 4.5 million Argentine customers in coming weeks. Source
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Speakers at Singapore’s annual fintech festival have expressed a consensus view that, following the blowout in digital asset markets this year, the blockchain industry is not so much in a state of shock as a period of intense development that will make and break businesses as it emerges from the
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