Africa
🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets Paid Members Public
🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets The rollout is expected by the end of the current year across West Asia, Africa and Southeast Asia. The company has not yet disclosed the specific countries, but they are expected to be markets with favorable
😱 Gambling tax increase in South Africa🇿🇦: proposed changes could significantly raise operators’ tax burden Paid Members Public
😱 Gambling tax increase in South Africa🇿🇦: proposed changes could significantly raise operators’ tax burden Considering all levies already paid by licensed operators at the regional level, the total tax burden could rise to 39%. 🔣 Details: the current structure includes a provincial tax of 6.5% on online betting gross gaming
🫡Nigeria🇳🇬: PayPal launches integration with local digital wallet Paga Paid Members Public
🫡Nigeria🇳🇬: PayPal launches integration with local digital wallet Paga For nearly 20 years, PayPal users in the country were only able to send money to merchants abroad, without the ability to receive funds into their PayPal accounts, due to concerns related to fraud risks and regulatory compliance. This situation has
😱Ghana🇬🇭: regulator introduces mandatory biometric verification for all forms of gambling Paid Members Public
😱Ghana🇬🇭: regulator introduces mandatory biometric verification for all forms of gambling The Ghana Gambling Commission (GCG) has given operators 14 days (from receipt of written notice) to submit a compliance plan and 16 additional days to integrate the required tools into their operations. ▶️Ghana’s national ID card is now
👀Morocco🇲🇦: Revolut applies for a limited license from the Central Bank to operate in the country Paid Members Public
👀Morocco🇲🇦: Revolut applies for a limited license from the Central Bank to operate in the country The UK-Lithuanian fintech has already started recruiting staff in Morocco. ▶️Why a “limited” license? Because Revolut plans to establish itself gradually in the Moroccan market: starting as a payment operator and, within two years
🌴Uganda🇺🇬: key insights into the gambling market Paid Members Public
🌴Uganda🇺🇬: key insights into the gambling market Here are some relevant figures and developments showing Uganda’s expanding and increasingly regulated gambling industry. ▶️Ugandans are gambling more: between 2020 and 2025, government revenue from betting houses increased sixfold, from UGX 50 billion to UGX 323 billion (USD 90,661,578)
🎉 In 2025, banks in the EMEA region are prioritizing payment system modernization Paid Members Public
🎉 In 2025, banks in the EMEA region are prioritizing payment system modernization This is confirmed by an annual study conducted by Volante Technologies in May 2025, involving senior executives from corporate and transactional banking across 11 countries. ▶️ The report reveals that 99% of the surveyed banks plan to implement new
😱Getting off the FATF “grey list” before October 2025: how South African🇿🇦banks are taking the fight against money laundering to the next level Paid Members Public
😱Getting off the FATF “grey list” before October 2025: how South African🇿🇦banks are taking the fight against money laundering to the next level South African financial institutions are betting on the integration of human expertise with advanced technologies and artificial intelligence. Why is this development relevant? In short: South