Robinhood acquires global crypto exchange Bitstamp for $200M
Stock-trading platform Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crypto exchange Bitstamp. Robinhood said it expects the deal to close in the first half of 2025, with the final transaction value to be in the region of $200 million. While Robinhood is better known for its stock-trading
Read moreFintech Torpago has a unique way to compete with Brex and Ramp: turning banks into customers
Torpago's Powered By product is geared for regional and community banks, with under $20 billion in assets, to launch their own branded cards and spend management programs. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreSiemon Expands Copper Connectivity with UltraMAX Reloaded
Siemon, a global leader in network infrastructure solutions, proudly announces the expansion of its groundbreaking UltraMAX copper connectivity system with innovative new products designed to elevate network performance and versatility. Building on the success of UltraMAX’s initial launch, the latest additions include UltraMAX 48-port patch panels in 1U flat and
Read moreWhy enterprise modernization through cloud adoption is now imperative?
Enterprise modernization through cloud adoption is emerging as a crucial concept in South Africa. Many organizations are dealing with legacy IT systems that are incompatible with the latest technologies, such as AI, ML, and digital workplace systems. Modernizing enterprise applications ensures businesses remain agile, efficient, and adaptable to the rapidly
Read moreHow to Properly Maintain Your Flat Roof Solar Panels
Solar panels are a smart way to save money on energy bills and help the environment. But just like any part of your home, they need proper panel care to work well. Without regular solar maintenance, they could lose efficiency and not provide the energy savings you expect. Taking care
Read moreRevving Up: Can SA’s E-Hailing Solve Driver Financial Woes?
Thousands of South Africans have turned to e-hailing to earn a living, but rising costs are squeezing their profits. Petrol prices have reportedly soared by 119% over the past four years, while car repayments have also increased due to the rising repo rate. For many drivers, this translates to a
Read moreAmazon buys Indian video streaming service MX Player
Amazon has agreed to acquire assets of Indian video streaming service MX Player from the local media powerhouse Times Internet, the latest step by the e-commerce giant to make its services and brand popular in smaller cities and towns in the key overseas market. The two firms reached a definitive
Read moreAnnual Results for Fintech Company- Capital Appreciation
FinTech group Capital Appreciation Limited announced today that its businesses performed well despite weak business confidence. In a lackluster economy, the Group continued to attract new customers and grow its market share. Capital Appreciation also diversified its revenue mix with the introduction of new products and services across multiple sectors
Read moreDealt turns retailers into service providers and proves that pivots sometimes work
Dealt is now building a service platform for retailers instead of end customers. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreHibret Bank and Mastercard Launch Prepaid Hibir Mastercard
Mark Elliott, Division President, Africa at Mastercard (L), and Ato Melaku Kebede, Chief Executive Officer of Hibret Bank (R) Hibret Bank, in collaboration with Mastercard, has announced the launch of Prepaid Hibir Mastercard services, marking a significant milestone in Ethiopia’s journey towards financial digitization. This innovative service aims to
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