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Entrust
Cloud News

Entrust Updates Cloud Key Lifecycle Management as Organizations Migrate to Multi-Cloud Environments

Fintech News Desk
by Fintech News Desk0
Latest version of KeyControl software adds automated key lifecycle management for Amazon Web Services (AWS), allowing enterprises to maintain full control of their cryptographic keys  Entrust, a global leader in trusted identity, payments and data protection, announced cryptographic key lifecycle management functionality for customer-generated keys used in Amazon Web Services......
Paysafe Expands its Board with the Appointment of Mark Brooker as Non-Executive Director
Banking Digital Payments Investments News

Paysafe Expands its Board with the Appointment of Mark Brooker as Non-Executive Director

Fintech News Desk
by Fintech News Desk0
Former Betfair senior executive and William Hill board member brings deep iGaming industry experience to the expanded Paysafe Board Paysafe, a leading specialized payments platform, announced it has appointed seasoned executive, Mark Brooker, as an independent non-executive board director effective July 22. Brooker joins as an additional member of the......
Bizongo Scales to $150 Million in Annualised Revenue; Nears Profitability
B2B E-commerce Fintech News

Bizongo Scales to $150 Million in Annualised Revenue; Nears Profitability

Fintech News Desk
by Fintech News Desk0
Records a revenue growth of 5X from pre-pandemic levels Growth for the B2B e-commerce platform for customized goods marked by strong unit economics and positive cash flow Tech-enabled B2B e-commerce platform for customized goods, Bizongo is set to turn profitable as it achieves $150 million in annualized revenue. The company’s......
B2B Commerce Unicorn Moglix Expands ESOP Pool to $10 Million Covering 300+ Employees
B2B Commerce News

B2B Commerce Unicorn Moglix Expands ESOP Pool to $10 Million Covering 300+ Employees

Fintech News Desk
by Fintech News Desk0
B2B commerce unicorn Moglix has expanded its ESOP pool further by $10 Million to include more than 300 employees under the program. Moglix has also announced an ESOP buyback program worth $3 Million for all eligible employees with vested stocks on the heels of its recent fundraise. Employees will be......
PIDG.org
Finance Investments News

PIDG Company, Emerging Africa Infrastructure Fund, Lending €25 Million to Côte D’Ivoire Clean Energy Hydro-Electricity Project

Fintech News Desk
by Fintech News Desk0
The new plant will be an important strategic economic asset for Côte d’Ivoire The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, is lending €25 million over 18 years to Ivoire Hydro Energy (IHE) which will build a 44MW hydro electricity generation plant on the Bandama......
Seychelles: African Development Bank Approves $20 Million Loan to Support Covid-19 Recovery
Banking Finance News

Seychelles: African Development Bank Approves $20 Million Loan to Support Covid-19 Recovery

Fintech News Desk
by Fintech News Desk0
The government program aims to deepen reforms introduced through the Bank’s Covid-19 Crisis Response Budget Support Program The Board of Directors of the African Development Bank Group has approved a $20 million flexible loan to finance Seychelles’ Governance and Economic Reforms Support Program, expected to help drive the island nation’s macroeconomic......
Paystone Adds $30 Million in Funding with Strategic Backing from Crédit Mutuel Equity
Digital Payments Fintech News

Paystone Adds $30 Million in Funding with Strategic Backing from Crédit Mutuel Equity

Fintech News Desk
by Fintech News Desk0
New investment brings total funds raised in 2021 to $99 million Paystone, a leading payments and integrated software company, secures a $30 million investment from Crédit Mutuel Equity, the private equity arm of Crédit Mutuel Alliance Fédérale, one of France’s leading financial institutions. The funds will support Paystone’s ambitious growth......
Fitch Affirms Triple A-Rating of the African Development Bank, Outlook Stable
Banking News Risk Management

Fitch Affirms Triple A-Rating of the African Development Bank, Outlook Stable

Fintech News Desk
by Fintech News Desk0
Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s shareholders Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s shareholders. Fitch views the Bank’s risk-management......
NSAV Announces It’s on Target to Become U.S. Second Public Cryptocurrency Exchange, Enters $2 Trillion Marketplace
Blockchain Cryptocurrency Fintech News

NSAV Announces It’s on Target to Become US Second Public Cryptocurrency Exchange, Enters $2 Trillion Marketplace

Fintech News Desk
by Fintech News Desk0
Net Savings Link, Inc., a cryptocurrency, blockchain and digital asset technology company, announced that the Company is on schedule for the August 9, 2021 launch of its eagerly anticipated Cryptocurrency Exchange. The launch will make NSAV only the second U.S. publicly traded Cryptocurrency Exchange, following the Coinbase IPO in April,......
Ecobank Group and Microsoft Upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy
Banking Digital News

Ecobank Group and Microsoft Upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy

Fintech News Desk
by Fintech News Desk0
The Global Skilling Initiative is just another example of how Ecobank wants to help SMEs reach their full potential and play a vital role in driving Africa’s economic resurgence The leading pan-African banking group, Ecobank Group, in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training......
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