VALR and Luno Lead South Africa’s Crypto Revolution

In recent years, the African continent has been at the forefront of a financial revolution marked by the exponential growth of mobile money. This growth has paved the way for a series of dynamic partnerships between Mobile Network Operators, cryptocurrency exchanges, and payment solution providers.

One such example, and a noteworthy milestone in this evolving landscape, was the agreement by Mastercard to acquire a minority stake in the fintech division of MTN Group, Africa’s largest cell phone provider, with an astounding valuation of $5.2 billion. This partnership serves as a testament to the vast potential within Africa’s digital finance sector.

At the epicenter of this transformative trend lies South Africa, where two prominent cryptocurrency exchanges, VALR and Luno, are taking the lead in driving the widespread adoption of digital currencies.

Their strategic partnership with open-source payments
Payments

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl

One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl
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