BitKE

Unstoppable Domains has teamed up with Polygon Labs to launch .polygon Web3 domains, allowing users to create custom digital identities for seamless access to dApps, crypto transactions, and decentralized websites. A 25% discount is available for early adopters.

Kenya is set to become a continental leader in digital asset trading with the launch of the Kenya Digital Exchange (KDX), a fully regulated tokenization platform developed through a strategic partnership between:
DeFi Technologies
SovFi Inc.
Valour Inc., and
The Nairobi Securities Exchange

Lupiya, a Zambian fintech neobank has secured $8.25 million in Series A funding to support the expansion of its operations within its home market and into new markets.
In a Linkedin post, the startup, established in 2016, reiterated its commitment to narrowing the financial inclusion gap for Zambia

The Central African Republic is developing a new legal framework for cryptocurrencies led by 15 experts after its previous crypto initiatives were deemed unconstitutional. The government aims to create economic opportunities while addressing the court's concerns.

VISA opened its first dedicated innovation studio in Sub-Saharan Africa in Nairobi, Kenya, in April 2022. This facility aims to enhance digital payment solutions tailored to the region's needs, promoting collaboration and technological advancements.

Favour Ori, CEO of PayDay, discusses the startup's growth as Africa's leading neobank and Starlink payment processor. Recently raising $3 million, PayDay boasts over 100,000 new users monthly and aims to streamline payment collection across Africa.

In a conversation with a local South African outlet, Connie Bloem, the Managing Director of Mesh.Trade, a South African tokenized assets exchange, explained what advisers need to understand about integrating stablecoins into portfolios.
Stablecoins now make up 43% of all cryptocurrency

In the first half of 2023, African fintech funding was dominated by banking and lending, which received 66% of total funding, while crypto and blockchain fell to 2%. Egypt led with $402 million in funds, followed by South Africa, Kenya, and Nigeria.