As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based but Africa-focused Mansa, whose offering allows payments companies to settle transactions and fund customer accounts instantly. The startup has raised…
Category: stablecoin
Bridge, Crypto, Fintech, Global IT News, Global Security News, stablecoin, stripe, TC
Stripe makes $1.1 billion crypto bet as it closes on Bridge acquisition
Stripe has closed on its $1.1 billion purchase of stablecoin platform Bridge – marking the payment giant’s largest acquisition to date and tangible push into crypto. Co-founded in 2022 by Coinbase and Square alumni Zach Abrams and Sean Yu, San Antonio, Texas-based Bridge built an API that helps companies accept stablecoins. The pair raised $58…
Fintech, Global IT News, Global Security News, juicyway, mynt, stablecoin, TechCrunch Fintech, Upvest
This fintech processed $1B in payments through word-of-mouth
Welcome to TechCrunch Fintech! This week, we’re diving into: P.S. We’re taking time off for the holidays! TechCrunch Fintech scribe Mary Ann Azevedo will be back in your inbox on January 7. ❄️ The big story How stablecoin technology can power billions in cross-border transactions Juicyway is an African fintech that’s leveraging stablecoin technology to…
Africa, Crypto, Fintech, Global IT News, Global Security News, juicyway, stablecoin, Startups
This stealthy African stablecoin startup already processed over $1B in cross-border payments
Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years. The fintech claims to have processed over 25,000 transactions, generating $1.3 billion in total payment volume (TPV)…