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Paymenow secures $14m debt facility

Paymenow has raised a ZAR250 million (US$14 million) debt facility through Rand Merchant Bank (RMB) to help fund its growth. The South Africa-based startup earned wage access platform allows employees to access a percentage of their…

CBN Issues E-Naira Guidelines

The Central Bank of Nigeria (CBN) has released new guidelines on how a state-backed digital currency (e-Naira) will be regulated, designed, and issued. The Central Bank Digital Currency (CBDC) is on schedule to be launched on the 1st of…