Payment Platform
Mobile banking app Dave scores $100M investment from FTX US
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...
Nigerian polytechnic workers to begin strike January 4
The Senior Staff Association of Nigeria Polytechnics (SSANU) is beginning a warning strike on January 4 next year, the President of the association, Adebanjo Ogunsipe, says. In a press statement on Thursday, Mr Ogunsipe said the strike will last 14 days. He said the declaration was owing to the nonchalant attitude of the federal government towards issues bordering on education. Mr Ogunsipe said the polytechnics and tertiary education system generally have a myriad of problems militating against their development. “You may recall that for the past three years, the union has consistently presented these issues in our various communique at the end of our NEC/GEC meetings which comes up at least four times every year for the avoidance of doubt,” he said. Mr Ogunsipe said the association’s dema...
