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Mobile banking app Dave scores $100M investment from FTX US Mobile banking app Dave scores $100M investment from FTX US
Business / Crypto

Mobile banking app Dave scores $100M investment from FTX US

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On March 21, mobile banking application Dave announced a partnership with FTX US to provide cryptocurrency payments on the platform. It also announced a $100 million investment from FTX Ventures. In the statement, Dave said the investment would aid its strategy for future crypto-related initiatives, with FTX US serving as its partner for cryptocurrencies. Both companies said they’re currently exploring ways to introduce crypto payments into Dave’s platform. FTX US President Brett Harrison commented that it looks to align with companies that can help drive widespread adoption of digital assets, believing Dave was a fit in that regard. Jason Wilk, Chief Executive Officer of Dave, expressed his views on the technology. “We believe blockchain technology has the potential to level the financial...

Politics

Johannesburg Fintech to Launch an All-in-One Video Conferencing App

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Sourced from Innovation Village. Johannesburg-based Cassava Fintech International (CFI), a subsidiary of Econet Global, has announced the release of ‘Sasai TeamTalk’, a voice and video conferencing service that takes up to 20 people on one call. The service, coming at a time when many countries have imposed restrictions on movement to curb the spread of the COVID-19 Coronavirus, will be available through Sasai, the all-in-one super App from Cassava Fintech, that allows users to chat, pay and explore a vast range of services and content. Announcing the new service, Darlington Mandivenga, CEO of Cassava Fintech International says “We believe the timing of this mobile conferencing service could not have been more appropriate. Families, communities, social groups such as religious organization...