Cryptocurrencies
Facebook’s libra gets nod from remaining partners, including Naspers
Facebook’s remaining partners in its digital currency project signed paperwork on Monday to officially join the Libra Association.
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Cryptocurrencies
Facebook’s libra dealt massive blow as key partners exit
Facebook’s effort to create a cryptocurrency was dealt a blow on Friday after several key partners, including Mastercard, Visa, eBay, Stripe and Mercado Pago, abandoned the project.
Cryptocurrencies
Naspers committed to libra despite global controversy
Naspers CEO Bob van Dijk said on Wednesday that the South African consumer Internet group remains a committed member of the Libra Association, the organisation overseeing the libra cryptocurrency.
Fintech
Naspers fintech unit PayU buys Red Dot Payment
Naspers’s global fintech company, PayU, is expanding into Southeast Asia with the acquisition of Singapore-based Red Dot Payment.
Cryptocurrencies
Why Naspers is backing Facebook’s cryptocurrency project
Naspers CEO Bob van Dijk believes cryptocurrencies could have a huge and positive impact on societies by allowing for frictionless and costless transfer of value between people.
Cryptocurrencies
Naspers signs up to Facebook’s cryptocurrency project
Naspers subsidiary PayU is among the founding members of the Libra Association, a group of companies that will have an equal say in how Facebook’s new cryptocurrency is managed.
E-commerce
Why Naspers unit PayU went big in Turkey
Naspers’s R2.4-billion takeover of Turkish online payment firm Iyzico consolidates its presences in one of the most dynamic e-commerce markets in the developing world.
Fintech
Naspers unit PayU in R2.4-billion fintech buy
Naspers’s PayU agreed to buy Turkish digital payments company Iyzico for R2.4-billion in its biggest fintech acquisition yet.
In-depth
Naspers earmarks billions for tech investments
Naspers is keen to continue its search for e-commerce and tech investments, with Africa’s biggest company happy to deploy a sizeable war chest in its hunt for deals. “We have several billion in cash and
News
Naspers unit PayU leads $115m Remitly investment
Naspers said on Tuesday that its fintech investment division, PayU, is leading a funding round worth up to $115m in Remitly, an independent digital remittance company focused on the North American market. The Series D funding
