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Home Blog Page 4181

Nigerian banks: what is going on?

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Nigerian banks: what is going on? Transactions have been failing and reversals are now a constant. This MUST be fixed urgently. Stop paying dividends to your investors and invest some of your profits in better technologies. I understand that NIBSS is part of this weak link – and if that is the case, inject funds into NIBSS and evolve the ownership. Stop these reversals; they’re affecting our operations in Nigeria.

Comment on Social Media Feeds

Comment 1: Exactly my thoughts Sir. Why declare so much profits when your core technology is failing. Look at what Digital Banks like Opay, Palmpay, and Kuda are bringing to the table. They now have Bank Transfer Network Monitors that tell you the availability of each Bank to receive a transfer before you make a transfer.

Comment 2: This is very annoying because I identified these issues and approached some of them to help fix them and put in place a more robust system but met roadblocks! These banks also carry massive cybersecurity vulnerabilities but they are waiting without action

Comment 3: Nigerian banks should be downgraded as most are not really equipped to deliver national-scale banking. They take delight in posting their profits in the billions and that’s as far as it goes. It’s become a status symbol to reach a certain threshold in profits.

Comment 4: Reversals aren’t constant. Individuals are losing money daily, with banks refusal to reverse. Most tell you it would be settled in 10working days; Which doesn’t happen most of the times.

 

M-KOPA Secures $250 Million Fund to Expand Offerings Across Sub-Saharan Africa

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M–KOPA, a fintech platform, has announced that it closed $250m in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa. This marks one of the largest combined debt and equity raises in the African tech sector and coincides with the business reaching over 3 million customers and providing over $1 billion in cumulative financing for underbanked customers in Africa.

Over $200m in sustainability-linked debt financing was led and arranged by Standard Bank Group, Africa’s largest bank and long-term strategic partner to MKOPA. Other participating lenders include The International Finance Corporation (IFC), funds managed by Lion’s Head Global Partners, FMO: Dutch Entrepreneurial Development Bank, British International Investment, Mirova SunFunder and Nithio. A further $55m in equity investment was backed by existing strategic investor Sumitomo Corporation, which is contributing $36.5m to the total raise and will engage closely with MKOPA on new growth markets and products. Blue Haven Initiative, Lightrock, Broadscale Group and Latitude, the sister fund to Local Globe, also participated in the transaction.

African-connected asset financing platform that caters to underbanked customers in Africa, M-KOPA, has secured a $250 million fund to expand offerings across sub-Saharan Africa.

The funding round was led by Standard Bank Group, Africa’s largest bank, and long-term partner to M-KOPA, as well as investments from other investors which include Mirova SunFunder and Nithio, The International Finance Corporation (IFC), funds managed by Lion’s head global partners, British International investment, and several others.

With the recent fund raised, the startup aims to grow its smartphone services, expand its product offerings into new markets and extend its financed product set.

Speaking on the fund raised, M-KOPA CEO and founder Jesse Moore said, “At M-KOPA, we are working hard to create a positive environment and social impact by systematically addressing the barriers to digital financial services. We have already unlocked $1bn in cumulative credit to over 3 million customers and are proud of the thousands of local jobs we have created during tough economic times. As we continue to scale, we remain committed to building a sustainable business and closing economic and digital gender gaps. We are delighted to have the support of new and existing investors who share our vision and mission”.

Also speaking on the equity Fund raised, M-KOPA’s long-term strategic investor, Standard Bank said, “Supporting M-KOPA is in line with our purpose of driving sustainable growth for Africa and her people. Financial inclusion not only enables economic growth, it also accelerates it. M-KOPA has, in a short time, managed to positively impact so many lives by enabling access to power and smartphone connectivity, which are a vital part of enabling the economic empowerment of all.”

Launched commercially in 2012 with its headquarters in Nairobi, M-KOPA business revolves around using debt to finance customers’ purchase of products and services it sells, such as smartphones and solar power systems, as well as loans and health insurance across its four markets, (Uganda, Nigeria, Ghana, and Kenya). With a flexible credit model, the startup allows individuals to pay a small deposit for the two products above-mentioned, enabling them to pay off through micro-installments and helping build their credit history over time.

M-Kopa is supported by several partners, as mobile network operators like Safaricom have partnered with the startup to support mobile money and value-added services. In 2015, M-Kopa was recognized by Fortune Magazine as one of the Top 50 Companies Changing the World and won the Zayed Future Energy Award 2015.

From 2020-2022, M-KOPA has recorded a compound annual growth rate of 85% in new customer acquisition, reaching over 3 million customers and providing over $1 billion in cumulative credit for under banked customers in Africa.

HedgeUp (HDUP) 10X Presale is Enroute to Out-do Solana (SOL) and Polygon (MATIC)

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HedgeUp (HDUP) is the DeFi platform that everyone is talking about. With its unique approach to investment and impressive growth potential, this platform is quickly becoming one of the most sought-after investments in the world of cryptocurrency.

One of the most exciting things about HedgeUp (HDUP) is its upcoming 10X presale. This event is set to outdo some of the biggest names in the industry, including Solana (SOL) and Polygon (MATIC). Investors are eagerly anticipating the launch of this presale, and for good reason. With its focus on accessibility, innovation, and user-friendly design, HedgeUp (HDUP) has managed to attract a large and dedicated community of users who are eager to capitalize on its rapid growth.

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HedgeUp (HDUP): Innovating the DeFi landscape for investors

But what is it about HedgeUp (HDUP) that sets it apart from the competition? The world of investing has long been exclusive, with only the wealthiest individuals able to access the most exclusive assets. However, the emergence of HedgeUp (HDUP) is transforming the investment world, using NFT technology to democratize the market for alternative assets and provide a unique opportunity for everyone to invest.

With HedgeUp (HDUP), investors can invest in fractional shares of assets like diamonds, art, and luxury watches with just $1. This revolutionary approach is making investing in exclusive assets accessible to a wider range of individuals who were previously shut out from this exciting market.

HedgeUp (HDUP) is not only providing accessibility but also impressive returns. Early investors have already seen a substantial increase in the price per token, jumping from $0.009 to $0.020 in a short amount of time. The next presale milestone is expected to push the price even higher, up to $0.036 per token.

One of the key factors driving HedgeUp (HDUP)’s success is its commitment to innovation. This platform is constantly pushing the boundaries of what’s possible in the world of DeFi, exploring new technologies and approaches to investment that other platforms simply can’t match. This willingness to take risks and embrace change is what sets HedgeUp (HDUP) apart from the competition, and it’s what has made it such a popular investment option among savvy investors.

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Is HedgeUp (HDUP) the real deal or just hype and speculation?

Of course, no investment is without risk, and some have questioned whether HedgeUp (HDUP) is overvalued or simply the product of hype and speculation. But those who have taken a closer look at the platform’s underlying technology and long-term vision are convinced that this platform is the real deal. With its focus on accessibility, flexibility, and innovation, HedgeUp (HDUP) is providing a glimpse into the future of investing.

If previous performance is any indication, there’s every reason to believe that HedgeUp (HDUP) will be a major success. With its growing community of users and impressive track record, HedgeUp (HDUP) is well-positioned to continue its rapid growth in the years to come. Whether you’re a seasoned investor or a newcomer to the world of cryptocurrency, this is one platform that’s well worth keeping an eye on.

Conclusion

HedgeUp (HDUP) is a DeFi platform that’s poised to disrupt the world of finance in ways that we’ve never seen before. With its innovative approach to investment and growing community of users, it’s clear that this platform has a bright future ahead. And with the upcoming 10X presale just around the corner, there’s never been a better time to get in on the action. Whether you’re looking for a long-term investment opportunity or simply want to capitalize on the platform’s rapid growth, HedgeUp (HDUP) is an investment that’s well worth considering.

 

For more information about HedgeUp (HDUP) use the links down below:

  • Website: https://hedgeup.io/
  • Presale: https://app.hedgeup.io/sign-up
  • Telegram: https://t.me/HedgeUpChat
  • Twitter: https://twitter.com/HedgeUpOfficial

Success Leaves Clues: Shiba inu (SHIB) and Solana (SOL) Whales Purchase HedgeUp (HDUP) Tokens. 1000% Gains On the Horizon?

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In the world of cryptocurrency investing, success leaves clues. And it seems that some of the biggest players in the market are taking notice of the impressive growth of HedgeUp (HDUP). Recent reports indicate that whales from other successful projects like Shiba Inu (SHIB) and Solana (SOL) have been purchasing HedgeUp (HDUP) tokens, sparking speculation of massive gains on the horizon.

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How HedgeUp (HDUP) is turning heads in the crypto world

But what is it about HedgeUp (HDUP) that’s attracting the attention of these experienced investors? At its core, this platform is all about accessibility and innovation. By leveraging the power of NFT technology, HedgeUp (HDUP) is making it possible for anyone to invest in exclusive assets like diamonds, art, and luxury watches with just $1. The market for alternative assets is projected to reach an astonishing $17 trillion by 2025, and HedgeUp (HDUP) is well-positioned to capture a significant portion of this market. The platform allows investors to invest in fractional shares of exclusive assets, which means that investors can get in on the ground floor of high-value investments that were once only accessible to the wealthy elite.

Early investors in HedgeUp (HDUP) have already seen impressive returns, with the price per token jumping from $0.009 to $0.020 in a short amount of time. And with the next presale milestone on the horizon, the price is expected to rise even further to $0.036 per token. And with impressive returns for early investors, it’s no wonder that even established projects like Shiba Inu (SHIB) and Solana (SOL) are taking notice.

Of course, no investment is without risk, and some have questioned whether HedgeUp (HDUP) is overvalued or simply the product of hype and speculation. However, those who have taken a closer look at the platform’s underlying technology and long-term vision are convinced that this platform is the real deal.

 >> Buy HedgeUp Now <<

Conclusion

Of course, the idea of 1000% gains may seem too good to be true, and some have questioned whether HedgeUp (HDUP) is simply the product of hype and speculation. But those who have taken a closer look at the platform’s underlying technology and long-term vision are convinced that this project is the real deal. With a dedicated team of developers and a growing community of users, there’s every reason to believe that HedgeUp (HDUP) will continue to thrive and evolve in the years to come.

The news of Shiba Inu (SHIB) and Solana (SOL) whales purchasing HedgeUp (HDUP) tokens is a clear indication of the potential for massive gains with HedgeUp (HDUP). While there are risks to consider, the platform’s focus on accessibility and innovation makes it a compelling option for investors looking to explore the world of alternative assets. With the presale still in its early stage, now is the perfect time to take a closer look at what HedgeUp (HDUP) has to offer and consider whether it might be the right investment opportunity for you.

For more information about HedgeUp (HDUP) use the links down below:

  • Website: https://hedgeup.io/
  • Presale: https://app.hedgeup.io/sign-up
  • Telegram: https://t.me/HedgeUpChat
  • Twitter: https://twitter.com/HedgeUpOfficial

Uwerx (WERX) Hits Stage Four With Massive Sales. It Could Outperform Axie Infinity (AXS) And WOO Network (WOO)

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As the cryptocurrency market rallies for another bullish cycle, investors are keeping a close eye on the promising project, Uwerx, a revolutionary project that may have the potential to become the next market leader.

Although Uwerx has gained quick recognition in the cryptocurrency market, some analysts question its ability to perform alongside already established projects like Axie Infinity (AXS) and WOO Network (WOO) which have demonstrated strong resilience in the past.

This article will highlight some of the cool features of Uwerx and explore why it is a worthwhile addition to your investment portfolio.

Reward Yourself With Axie Infinity (AXS)

Axie Infinity (AXS) is a highly successful blockchain-based online game that follows a Play-to-Earn (P2E) model allowing players to collect, breed, and battle virtual creatures called Axis. Players can use the platform’s native token, AXS, to purchase items from its market and receive special token rewards called SLP.

Since February 2023, Axie Infinity (AXS) has recorded over 350,000 monthly players on its network and has increased by 45% with a token price of $8.4. Despite maintaining a steady margin since the new year, Axie Infinity (AXS) is still over 80% below its all-time high.

During its explosive bull run in 2021, the platform recorded an increase of almost 3,000% and an all-time high of $164. However, due to certain factors like volatilities and whaling, Axie Infinity (AXS) has taken some significant blows leaving investors to wonder if it will reach its $15 target by the end of 2023.

WOO Network (WOO): The All Access Network

Woo Network (WOO) is a decentralized platform that aims at creating an extensive network of exchanges, DeFi platforms, traders, and institutions through its inclusive protocol. The network provides better liquidity, high trading performance, and low transaction costs for its users.

Each user on the WOO Network (WOO) can make proposals like a minimum and maximum staking quantity and duration, which affect the platform’s future.

The network currently trades at $0.29 with a total circulating supply of $1,679,200,261. Experts predict that the WOO token might reach $0.68 by July 2023 and $0.76 by November 2023.

Although WOO Network (WOO) token might experience a little drop before then, analysts are still optimistic about its performance in the coming months.

Become a Crypto Giant with Uwerx (WERX)

Revolutionary-driven project Uwerx has performed outstandingly in presale thanks to its massive awareness campaign and amazing community. In just a few months, Uwerx has successfully funded its first, second, and third presale stages and proceeded to the fourth stage.

Uwerx and its team plan to increase stage 4 token allocations from 60,000,000 to 77,500,000 tokens. Also, they added a new stage 5 to the roadmap with a 72,500,000 token allocation.

With the help of its vision, Uwerx aims to become a world-class market for freelancers. It will offer many facilities such as communication management, an escrow system, incentive structures, conflict resolution, and much more. Clients and professionals can access the platform’s vast network of resources.

Uwerx is concerned about the state of the freelance market. Reports show about 18% of freelancers earn over $80,000 annually. This leaves the wealth of the freelance industry with a handful of companies.

And to show its commitment to improving the freelance sector, Uwerx has taken some decisive measures, like reducing transaction fees to just 1% and allocating as much as 57% of tokens for presale. It will also relinquish smart contract ownership when the project lists on centralized exchanges.

With the assistance of audit permissions from InterFi and SolidProof, Uwerx aims to be listed on most major exchanges before Q4 2023. Additionally, the presale hard cap is set to take effect by the 31st of July, 2023. The team is also glad to announce that Alpha version of the project will be out by next week.

The Alpha version will promote its vision, transparency, and commitment in accordance with what . According to crypto analysts, Uwerx might reach $1.50 by Q4 2023 and $2 by Q2 2024. Shortly after the launch, the team will enter a commitment pact with the platform by locking their developer liquidity for 25 years.

By gathering sufficient information, you can invest and increase your portfolio with wonderful cryptos like Axie Infinity (AXS) and WOO Network (WOO). Still, when it comes to massive gains in the long run, we recommend Uwerx. Uwerx is set to change the world of freelancing, and you could be part of this fantastic project by following the links below.

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network