Earlier this month, we reported that cryptocurrency platform, Kucoin is launching its Wallet App. The platform on Tuesday officially announced a full-scale launch of the KuCoin Wallet App. The app redefines the concept of decentralized wallets and will offer users a unique Web 3.0 experience. The app had been subjected…
Author: Oluwasegun Olukotun
Italian luxury brand, Bulgari is teaming up with Polygon, Temera, and Luxochain to launch an NFT high jewelry collection called Beyond Wonder. Bulgari is famed for its luxury products which includes jewelry, watches, fragrances, accessories, and leather goods The Beyond Wonder jewelry collection launched in Paris on Monday will feature…
Meta has rebranded Facebook Pay to Meta Pay to bring its payment offering closer to its rebrand. Last year the company rebranded to reinforce its commitment and vision to building the next evolution of social connection — the metaverse. Facebook Pay was launched in 2019 as a payment system to…
Lagos-based LaVida studios has secured a $50 million investment deal and also entered into a production agreement with Dentsu-owned U.S based studio, The Story Lab. The three-year deal with The Story Lab will birth 10 films and television properties which will showcase African stories on the global stage. Covering both…
Cryptocurrency exchange, Binance has signed a multi-year NFT partnership with Portuguese footballer Cristiano Ronaldo. As part of the partnership, Binance will launch a global promotion aiming to give Ronaldo’s fans an introduction to Web3 with a compelling entry point into the world of NFTs. Also, Binance and Cristiano Ronaldo will…
Meta in partnership with Balenciaga, Prada, and Thom Browne is launching a digital fashion store called the Avatar Store. Meta’s chief executive, Mark Zuckerberg while announcing the new move on Instagram in a live appearance said, “I’m really grateful and proud that these brands are joining us to kick off…
American multinational e-commerce company, eBay, has acquired NFT marketplace KnownOrigin. Launched in 2018, KnownOrigin through its technology and platform enables artists to create unique, authentic, digital collectibles, in the form of NFTs. It also allows artists and collectors to buy and resell NFTs via blockchain-support transactions. For eBay, the acquisition marks…
Global network of professional firms providing Audit, Tax, and Advisory services, KPMG, has made its foray into the world of the metaverse after announcing the opening of the first KPMG metaverse collaboration hub. The KPMG metaverse collaboration hub which is a product of KPMG in the US and KPMG in…
Healthcare consulting firm Salient Advisory has launched its latest market intelligence report highlighting promising African healthtech start-ups in supply chain. Impressed by the glowing review of these startups in the African health supply chain, the Bill & Melinda Gates Foundation, alongside Merck Sharp & Dohme (MSD), the World Health Organisation…
Egypt-based Disruptech, a fintech-focused VC fund, has secured funding from Madagascar-based AXIAN Group. DisrupTech was founded by a diverse team of financial technology veterans and entrepreneurial investment professionals with experience in Egypt and internationally. DisrupTech was established to support early-stage Fintech and Fintech-enabled digital services startups with a focus on…
Synapse Analytics, an Artificial Intelligence (AI) startup has secured $2 million in a pre-series A funding round led by Egypt Ventures. Other participating investors include Cloudera’s founder, Amr Awadallah, as well as Africa Platforms Founder, Simon Rowlands. Synapse Analytics will use the new fund raised to speed up its efforts…
Swiss Luxury Watchmaker TAG Heuer has launched The TAG Heuer Connected Calibre E4 smartwatch which allows you to display NFT artworks on your watch by connecting your crypto wallet to guarantee authenticity. This novel experience is part of TAG Heuer’s expanding digital ecosystem of apps and watch faces, created by…
All On, a shell-seeded renewable energy investor has invested $500,000 in Greenage Technologies Power System Limited to fund the construction and expansion of its charge controllers and inverters manufacturing facility in Enugu State. Ogechukwu Uchechukwu, Co-founder and Head of Business Development, Greenage Technologies said, “We are delighted to receive this…
E-Commerce company Appletree Digital Commerce today unveiled the Taking One Million African Traders Online Movement (TOMATO)- its innovative solution to the lack of opportunities for the youth across Africa. Mr. Nigel Daura, Managing Director of Appletree Digital Commerce, said: “We came across some alarming statistics which inspired us to think…
As part of its financial inclusion programme, First City Monument Bank (FCMB) through its agency banking network, EasyAgents has onboarded and empowered one million financially excluded Nigerians. The bank in its bid to support trade in the country has also made available microloans valued at N40 billion to over 300,000…
eBay today launched eBay Live, a dedicated shopping platform that gives people a new way to browse and buy products in a live, interactive environment. The new beta technology combines entertainment with instant purchasing on one of the world’s largest marketplaces. The first series will offer a curated selection of…
According to McKinsey and Company, more than 60 percent of the population of Sub-Saharan Africa is smallholders farmer while 23 percent of sub-Saharan Africa’s GDP comes from Agriculture. However, this sector faces a lot of challenges, especially for many smallholder farmers. The challenges range from limited access to markets, working…
Binance Pay, a contactless, borderless, and secure user-to-user cryptocurrency payment feature by Binance, recently announced its partnership with Splyt, a superapp enabler with a network of partners in over 150 countries. The partnership will allow Binance users to seamlessly access ride-hailing services and experiences from within the Binance App. With…
Egypt-based Boyot, a startup that offers an end-to-end operating system for payments and financial services focusing exclusively on the real estate market, has raised a six-figure pre-Seed round led by a Kuwait-based real estate firm. The startup is set to open an office in Kuwait later this year. Founded in…
TikTok today announced a number of steps to help support its community’s digital well-being as they create and discover on TikTok. The short video platform announced it is launching two new practical tools to make it easier for its community to feel in control of their TikTok experience. Jordan Furlong,…