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The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains Ghana’s sole legal tender. The bank said it is working with law enforcement to “clamp down on illegal foreign exchange operations.” In addition to naming and shaming businesses
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Bain Capital Ventures exec Stefan Cohen had posted the all-male team photo on March 8, sparking a backlash. He later deleted the tweet and apologized, writing that the firm was “committed to hiring women, investing in women-led projects and being a driving force in the industry for sponsoring the creativity
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French crypto-friendly fintech startup Lydia has raised $100 million in a Series C funding round, per a report in TechCrunch. The latest capital raise reportedly helped Lydia attain unicorn status with a valuation of over $1 billion. The $100-million fundraise comes nearly a year after its Series B funding round of $86
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French fintech Lydia has raised $100 million in Series C funding, attaining unicorn status with a valuation of over $1 billion.The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future, TechCrunch reported Wednesday.Lydia recently allowed its 5.5 million users to invest
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Austrian crypto exchange Bitpanda has teamed with French mobile payments app Lydia to offer Lydia’s 5.5 million users the ability to invest in digital assets.Bitpanda announced Monday its digital asset investment product is now fully integrated with Lydia’s payments app, which will enable Lydia customers to invest in over 170
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Users of Lydia can now spend money in their account directly using a Visa debit card as a result of an upgrade of the platform. The app also allows users to generate a virtual card that’s accepted by Google Pay and Apple Pay.Lydia, a French mobile payment app and fintech
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