UAE-Based Blockchain Startup Utexo Raises $7.5M Seed Round Led by Tether

UAE-based blockchain infrastructure startup Utexo has raised $7.5 million in a seed funding round led by Tether, with participation from Big Brain Holdings, Portal Ventures, Franklin Templeton, Maven11 Capital, and Fulgur...

UAE-Based Blockchain Startup Utexo Raises $7.5M Seed Round Led by Tether

UAE-based blockchain infrastructure startup Utexo has raised $7.5 million in a seed funding round led by Tether, with participation from Big Brain Holdings, Portal...

Mobile Numbers Function as Digital Identity, Kenya’s High Court Rules

The High Court of Kenya has issued a judgment in a constitutional petition challenging the reassignment of inactive mobile phone numbers, in a case...

Co-operative Bank, UNCDF Launch $1.8M Kenya Digital Lending Guarantee

Co-operative Bank of Kenya and the United Nations Capital Development Fund have launched a KES 233.1 million ($1.8 million) risk-sharing facility to expand lending...

Cassava Technologies Deploys NVIDIA-powered AI Factory in South Africa, Plans Kenya, Nigeria & Egypt Launch

Cassava Technologies has launched its first AI Factory in South Africa, powered by NVIDIA’s AI platform, marking a significant step in building sovereign artificial...

Sistema.bio Raises $53 Million to Launch FarmCarbon Climate Finance for Smallholder Farmers

Sistema.bio has raised $53 million in an initial close of a new carbon finance facility, FarmCarbon, aimed at expanding climate funding for smallholder farmers...

UAE-Based Blockchain Startup Utexo Raises $7.5M Seed Round Led by Tether

UAE-based blockchain infrastructure startup Utexo has raised $7.5 million in a seed funding round led by Tether, with participation from Big Brain Holdings, Portal Ventures, Franklin Templeton, Maven11 Capital, and Fulgur Ventures. The funding will support Utexo’s mission to enable direct stablecoin payment processing on...