Latest news with #ShigaDigital
Arabian Post
6 days ago
- Business
- Arabian Post
Shiga Digital Brings Blockchain Finance to African Businesses
Shiga Digital, a rapidly expanding blockchain-based fintech company, is reshaping financial access for African businesses with its newly launched mobile applications. Available on both Android and iOS, the platform provides businesses and individuals across the continent with seamless access to a suite of digital finance tools, including stablecoin payments, cross-border transactions, and secure digital asset management. This move marks a significant step forward in the company's mission to empower African businesses, particularly mid-sized enterprises, by providing them with modern alternatives to traditional financial systems. Shiga Digital's mobile apps are designed to make it easier for users to navigate the digital finance landscape, directly addressing the unique challenges faced by businesses in Africa. The company's breakthrough comes on the back of a strategic partnership with Tether, a global leader in digital assets and the issuer of the world's most widely used stablecoin. Tether's backing reinforces the credibility of Shiga Digital's platform and signals growing international confidence in Africa's fintech potential. This collaboration aims to drive further blockchain adoption across the continent, ensuring businesses have access to secure and scalable financial tools. ADVERTISEMENT Paolo Ardoino, CEO of Tether, underscored the importance of the partnership, stating that the collaboration is a step towards empowering businesses in Africa. 'Africa is on the cusp of a financial transformation, and at Tether, we believe in being more than just observers; we are active enablers. Our partnership with Shiga Digital is a long-term commitment to providing African businesses with the technology and infrastructure they need to succeed,' he said. The partnership aims to unlock new growth avenues and contribute to a more inclusive financial future for the continent. Shiga Digital's platform is uniquely tailored to the needs of African businesses, which often face barriers to accessing reliable financial services. By leveraging blockchain technology, the platform simplifies financial transactions, making payments faster, more transparent, and secure. This move is especially important for cross-border trade, where traditional financial systems can be slow and expensive. Abiola Shogbeni, Co-Founder and CEO of Shiga Digital, emphasized the company's focus on building infrastructure that is not only technologically advanced but also highly relevant to local contexts. 'We're not just building tech; we're building financial infrastructure that works for Africa. Our new mobile apps bring intuitive, locally relevant financial tools right into the hands of business owners, wherever they are,' Shogbeni explained. In addition to making transactions smoother, Shiga Digital partners with licensed financial transmitters in each of its markets. This ensures that the company's services comply with local regulations and maintain a strong legal framework. By adhering to these regulatory standards, Shiga Digital ensures that its platform is trusted and accepted across the continent. The company's focus on creating solutions with scalability and impact in mind distinguishes it from others in the fintech space. Dami Etomi, Co-Founder and COO, elaborated on the company's approach, stating, 'It's not just about technology; it's about creating solutions that scale impact. Our partnership with Tether goes beyond financial backing; it's a shared commitment to the future of finance in Africa.' As blockchain technology continues to gain traction across the continent, Shiga Digital's platform is positioned to play a pivotal role in driving the next wave of financial innovation. Its ability to integrate local needs with global standards has placed the company at the forefront of Africa's fintech revolution. Shiga Digital is also poised to help bridge the financial inclusion gap, which remains a critical issue in many African countries. A significant portion of the population still lacks access to traditional banking services, particularly in rural areas. The launch of the company's mobile apps provides an essential solution by enabling businesses and individuals to perform financial transactions from their mobile phones, expanding access to digital finance.
Zawya
6 days ago
- Business
- Zawya
CORRECTION: Blockchain Fintech Shiga Digital Empowers African Businesses with Digital Finance Tools
Shiga Digital ( a fast-growing fintech company focused on blockchain-based financial applications, is redefining how pan-African businesses access and interact with modern financial services while unlocking the transformative potential of blockchain finance to empower Africa's economic growth. Shiga Digital has recently been awarded the prestigious DIFC (Dubai International Financial Centre) Innovation License, marking a significant regulatory milestone that underscores the company's commitment to operating within a robust and well-respected regulatory framework. The additional license, overseen by the Dubai Financial Services Authority (DFSA), provides Shiga Digital with enhanced credibility and regulatory certainty as it continues to expand its blockchain-based financial services across Africa. The DIFC Innovation License positions Shiga Digital within one of the world's leading financial centers, offering access to a sophisticated ecosystem of banks, asset managers, and financial service providers while operating under a clear regulatory framework specifically designed for virtual assets and blockchain technology. This achievement reinforces the company's dedication to compliance and building trust with stakeholders across the continent. Shiga Digital's platform was built specifically for African businesses seeking alternatives to legacy financial systems. By integrating blockchain-based tools, the company simplifies payments, enables faster cross-border trade, offers treasury management solutions, and provides transparent access to stable, secure digital finance. As a professional partner, Shiga Digital makes it easy for companies to start using blockchain technology, removing the traditional barriers that have made it difficult for businesses to leverage these powerful tools without an intermediary. The blockchain enables remarkable efficiency in critical business areas including payment processing, cross-border transactions, treasury operations, and financial reporting. However, in its current state, without an intermediary like Shiga Digital, it remains very difficult for most businesses to effectively leverage blockchain technology. This is precisely why Shiga Digital's solutions have become the go-to choice for forward-thinking African companies. Shiga Digital's capabilities were recently further boosted by a significant investment and formation of a strategic partnership with Tether, the largest company in the digital asset industry. This move signals growing international confidence in Africa's fintech potential and Shiga Digital's innovative approach to making blockchain finance accessible across the continent. The company is now uniquely positioned to help grow blockchain adoption among both customers and regulators alike, thanks to its deep understanding of African markets, regulatory compliance expertise, and commitment to building locally relevant solutions. By partnering with licensed financial transmitters in each of its markets, Shiga Digital ensures its services are fully compliant and aligned with applicable regulatory requirements, fostering trust and confidence among stakeholders. "Africa is on the cusp of a financial transformation, and at Tether, we believe in being more than just observers; we are active enablers," said Paolo Ardoino, Chief Executive Officer at Tether. "Our strategic alliance with Shiga Digital is rooted in a shared belief that access to stable, secure, and scalable financial tools should not be a privilege, but a right. This partnership represents a long-term commitment to equipping African businesses with the technology and infrastructure needed to thrive in an increasingly digital global economy. Together, we are unlocking new pathways for growth and innovation and helping to shape a more inclusive financial future for the continent." "At Shiga Digital, we're not just developing technology, we're building the infrastructure that will power Africa's financial future," added Abiola Shogbeni, Co-Founder and Chief Executive Officer at Shiga Digital. "Our mission is to level the financial playing field by equipping African businesses with blockchain tools that are intuitive, reliable, and locally relevant. We've experienced firsthand how seamless financial services can be in developed markets, and our goal is to make that a reality on the African continent as well. The opportunity before us is immense, blockchain finance has the power to empower Africa in unprecedented ways, and we're working tirelessly to enable this transformation for our customers." "What sets Shiga Digital apart is not just what we're building, but why and how we're building it – blockchain-based technology that makes digital finance accessible and relevant to African businesses," said Dami Etomi, Co-Founder and Chief Operating Officer at Shiga Digital. "Our partnership with Tether is more than financial backing; it's a strategic alliance rooted in a shared commitment to empowering the future of digital finance in Africa. The DIFC Innovation License further validates our approach and commitment to regulatory excellence. Together, we're co-creating solutions and scaling impact to ensure African businesses are not only included but thrive in the global digital economy." The company's end-to-end platform, available via offers businesses a reliable alternative to traditional banking systems, enabling seamless cross-border trade, simplifying stablecoin payments, providing comprehensive treasury management capabilities, and offering access to secure digital asset investments. By combining global technical standards with local insights, Shiga Digital's unique perspective enables the fintech to deliver intuitive and effective tools specifically designed for businesses across the African continent which can be accessed via web application and will soon be available via mobile app for iOS and Android devices. Aligning with its vision of a world where financial freedom is not a privilege but a fundamental right, Shiga Digital's innovative solutions are empowering African businesses with cutting-edge digital financial tools that harness the full potential of blockchain technology to drive economic growth and prosperity across the continent. Distributed by APO Group on behalf of Shiga Digital. Contact: Daniel Okechukwu +2348067499714 daniel@ About Shiga Digital: Shiga Digital is an international fintech company specialising in the development of cutting-edge applications utilising blockchain and AI technology. The company is dedicated to bridging the gap between traditional finance and blockchain, enabling users to access blockchain-powered financial services from anywhere, at any time. Founded in 2021, Shiga Digital provides innovative solutions to clients in over 15 countries worldwide, making digital finance more accessible and efficient for both businesses and individuals through professional partnership and expert guidance in blockchain adoption. If you are a business looking to understand more about how you can start to securely leverage blockchain technology, you can speak to us at product@ or contact us through the form at
Zawya
6 days ago
- Business
- Zawya
Blockchain Fintech Shiga Digital Empowers African Businesses to Leverage Digital Finance Tools
Shiga Digital ( a rapidly growing blockchain-based fintech company, is transforming how African businesses access modern financial services. Today, the company announced the launch of its new Android and iOS apps, expanding access to its end-to-end digital finance platform for businesses and individuals across the continent. With this milestone, Shiga Digital makes it easier than ever for businesses and individuals to send and receive stablecoin payments, manage cross-border transactions, and access secure digital asset investments all from the convenience of a mobile device. The launch follows a recent strategic partnership and investment from Tether, the global leader in digital assets and issuer of the world's most widely used stablecoin. This collaboration marks a major step in scaling blockchain adoption across Africa and signals growing international confidence in the continent's fintech landscape. 'Africa is on the cusp of a financial transformation, and at Tether, we believe in being more than just observers; we are active enablers,' said Paolo Ardoino, CEO of Tether. 'Our strategic alliance with Shiga Digital is rooted in a shared belief that access to stable, secure, and scalable financial tools should not be a privilege, but a right. This partnership represents a long-term commitment to equipping African businesses with the technology and infrastructure needed to thrive in an increasingly digital global economy. Together, we are unlocking new pathways for growth and innovation and helping to shape a more inclusive financial future for the continent.' Shiga Digital's platform was built for African businesses, especially mid-sized companies seeking alternatives to legacy financial systems. By integrating blockchain-based tools, the company simplifies payments, enables faster cross-border trade, and offers transparent access to stable, secure digital finance. 'We're not just building tech, we're building financial infrastructure that works for Africa,' said Abiola Shogbeni, Co-Founder and CEO of Shiga Digital. 'Our new mobile apps are a major step in our mission to level the playing field. They bring intuitive, locally relevant financial tools right into the hands of business owners, wherever they are.' Shiga Digital partners with licensed financial transmitters in each of its markets to ensure its services are fully compliant, locally relevant, and aligned with applicable regulatory requirements. 'What sets us apart is how and why we're building,' added Dami Etomi, Co-Founder and COO. 'This isn't just about technology… It's about creating solutions that scale impact. Our partnership with Tether goes beyond financial backing; it's a shared commitment to the future of finance in Africa.' As more African businesses adopt blockchain-powered financial tools, Shiga Digital is positioning itself at the forefront of this movement, offering a platform built to meet local needs, backed by global standards. Distributed by APO Group on behalf of Shiga Digital. About Shiga Digital: Founded in 2021, Shiga Digital is an international fintech company developing innovative blockchain financial applications. With operations across 15+ countries, the company bridges the gap between traditional finance and decentralized systems making digital finance more accessible, secure, and efficient for African businesses and individuals. To learn more or download the app, visit or download the app on the Apple AppStore and Google Play Store (
