Category

NSA

Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi NSA

Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored toward low- and middle-income workers. The company provides solutions like salary advances, digital…
bubmag
February 4, 2025
Mthuli Ncube Bans Cash-Only Sales – POS Machines Now Mandatory In Zimbabwe NSA

Mthuli Ncube Bans Cash-Only Sales – POS Machines Now Mandatory In Zimbabwe

Mthuli Ncube’s Bold Move: Zimbabwe Bans Cash-Only Transactions In a bold move to tackle the growing informal economy, Zimbabwe’s Finance Minister, Mthuli Ncube, has announced a ban on cash-only sales. From now on, all businesses, including informal traders, must also use point-of-sale (POS) machines for transactions as well as operate…
bubmag
January 31, 2025
Ross Ulbricht Wallet Woes: Accidental Transaction Tanks Pumpfun Coin By $12M NSA

Ross Ulbricht Wallet Woes: Accidental Transaction Tanks Pumpfun Coin By $12M

Ross Ulbricht, the founder of the notorious Silk Road marketplace, recently made headlines again—not for his controversial past or his pardon by former President Donald Trump, but for a staggering $12 million loss incurred while trading a memecoin on the platform Pump.fun.  Ross Ulbricht $12 Million Mistake On January 29,…
bubmag
January 30, 2025