AwesomeFinTech

Β 
Companies Investors VC Learn News
Β 
Join Log In

FinTech news in debit cards category

Banking startup Union54 raised seed round of $12M led by Tiger Global

Union54 can reach an agreement with participating central banks and issue its own domestic and continental debit card, it can shorten settlement time and integrate more local payments native to the region. Mlambo also added that through his and a few colleagues’ work via the African Renaissance Conference, Union54 has gotten in touch with three central banks keen to explore how settlement agreements would work with a new card scheme.