Digital wallet

2023 - 3 - 21

Post cover — Image courtesy of "IBS Intelligence"

Lebanese FinTech Purpl launches digital wallet on Mambu (IBS Intelligence)

Purpl, the remittance and cash-out aggregator, is now live on Mambu's cloud-native banking platform. Having secured its digital wallet.

Purpl is one of the first FinTechs in the region to benefit from the global partnership between Mambu and AWS. Miljan Stamenkovic, GM Middle East & Africa at Mambu added, “We sit at the heart of many neobanks and digital challengers in the Middle East as they scale their businesses and adopt the cloud. Mambu enables us to live and breathe the digital- and customer-first model, ensuring that a broader range of users has access to essential financial services.”

Lebanese start-up Purpl launches digital wallet offering powered by ... (FinTech Futures)

Lebanese fintech Purpl has gone live on Mambu's cloud-native banking tech, launching a new digital wallet built to boost financial inclusion in the.

“We are operating in a region with a large number of financially excluded people, and we exist to bridge this gap,” says Khoueir. The company will look to leverage Mambu’s Software-as-a-Service (SaaS) technology to “add new functionalities and enhance existing features” as it aims to keep on top of shifting customer requirements. Founded in September 2021 by Karl Naïm, Jean-Marie Khoueir and Wissam Ghorra, Purpl says it is targeting the Lebanese market as it is the “most in need of such a solution given the collapse of the banking sector” and the “high cost and inefficiencies of the current remittance network”.

Virginia is using a digital wallet to help students and families use ... (Technical.ly)

The Department of Education selected Florida's ClassWallet to provide students and families with funds for the K-12 Learning Recovery grants.

“We’re incredibly proud and excited to do that in Virginia as we’ve done for other students around the country for similar programs.” With the digital wallet, officials can ensure that compliance is met while families can access a balance worth however much they received. Selected families will receive a digital wallet from ClassWallet, which they can use to directly purchase educational materials and tutoring services through a dedicated portal.

Crypto Exchange Bitget Invests $30M in Digital Wallet BitKeep (Coindesk)

The exchange will use BitKeep to improve stability of security of handling multiple assets across blockchains.

[ Consensus 2023](https://consensus.coindesk.com/), CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. CoinDesk is an independent operating subsidiary of [Digital Currency Group](https://dcg.co/), which invests in [cryptocurrencies](https://dcg.co/#digital-assets-portfolio) and blockchain [startups](https://dcg.co/portfolio/). [strict set of editorial policies](/ethics/). As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of [stock appreciation rights](https://www.investopedia.com/terms/s/sar.asp), which vest over a multi-year period. The press release did not disclose the valuation at the time of this current investment. [CoinMarketCap](https://coinmarketcap.com/currencies/bitget-token-new/).

Bitget Invests US$30M In Multi-Chain Wallet BitKeep (PR Newswire India)

PRNewswire/ -- Bitget, the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet,...

[ Telegram](https://t.me/BitKeep_Announcements_New) [Telegram](https://t.me/BitgetENOfficial) [Website](https://www.bitget.com/en/) [ Website](https://bitkeep.com/) According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform. [Bitget](https://www.bitget.com/), the largest crypto copy trading platform, has announced a $30 million investment in the decentralized [BitKeep](https://bitkeep.com/) multi-chain wallet, becoming its controlling stakeholder. We are not only delighted to provide the team at BitKeep with the necessary support to reinforce the security and stability of its offering services, but also excited to have such an established industry player as part of our growing ecosystem. It provides users with access to various DeFi protocols and NFT projects across different blockchains via its integrated dApp explorer, facilitating seamless and effortless interactions with crypto transactions. "The investment deal implies not only financial but also technical support, which will be provided to us by a professional team along with the experience necessary for product growth and market expansion. [investment](https://www.bitget.com/en/support/articles/12560603778172) involves the merger of BitKeep Wallet with Bitget's business domain, significantly bolstering its existing user base and product offering. As part of the deal, Bitget has invested $30 million in BitKeep, increasing its shareholding and becoming the controlling stakeholder of the company evaluated at $300 million during its previous funding round. The wallet supports 90 mainnet networks such as Bitcoin, Ethereum, BNB Chain, Polygon, and Solana, and over 250,000 types of assets across more than 20,000 dApps.

Europe Prepaid Card and Digital Wallet Markets and Investment ... (Yahoo Finance)

The "Europe Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, ...