Ripple donates $10M to Mercy Corps during annual Swell conference
Ripple continues its effort to bring financial inclusion to struggling markets. Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on financial inclusion in emerging markets during the annual Swell conference.Mercy Corps is a non-governmental, humanitarian aid organization that aims to create economic opportunities in countries where the financial system isn’t operating properly. The organization claims to have assisted over 220 million people survive various humanitarian conflicts. According to an announcement, Mercy Corps will partner....
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The donation will be used to support fintech solutions that leverage blockchain technology and digital assets to further financial inclusion.
The Ripple Swell conference in Dubai concluded without the much-anticipated announcement of an Initial Public Offering (IPO) by Ripple, leading to a surge in speculation about the fintech company’s future plans. Crypto influencer Eri weighed in on the discussion, urging caution and a nuanced approach. Ripple IPO Not So Soon? Eri emphasized the importance of […]
A Cameroonian fintech start-up, Ejara, has raised $2 million to pioneer the usage of crypto and investment services in French-speaking African countries. Coinshares Ventures and Anthemis Group led the funding round in which they were joined by Mercy Corps Ventures, Lateral Capital, Lofty Inc Capital, and Netx Fund. Using Crypto to Protect Savings in Francophone Africa According to a report, the start-up, which was founded by Cameroonian Nelly Chatue-Diop, wants to “level this playing field for the average French-speaking African so they can invest as little as $9 (CFA5,000).”....
Even though many people do not give much credit to the blockchain service Ripple has managed to create, there seems to be a growing demand for their services in Asian. Thanks to a deal with SBI Holdings, this technology will be able to merge with banking industry experience and create a new company called SBI Ripple Asia. With a large focus on Taiwan, Korea, Japan, and China, Ripple’s enterprise solutions will focus on cross-border bank payments. Ripple Keeps Gaining More Popularity In Asia And Beyond. In the Western world, concepts such as Ripple are not gaining too much traction. Part of....
Are you ready? We are only two days from the conference. So far 950+ People Representing 50+ Countries at Bitcoin 2014! According to the conference organisers. Here are today’s exciting announcements! “BLOCKCHAIN AWARDS WINNERS / We received 1700+ votes and we’re excited to announce the winners at the first annual #BlockchainAwards, 16 May at #Bitcoin2014! #BITCOIN2014 CONFERENCE APP / Download our official conference app to personalize your “digi-schedule”, speaker bios and more! Visit guidebook.com/getit and download BTCF Events > Bitcoin 2014. STARTUP CHALLENGE FINALISTS / We’ve....