Opera And Celo Join Forces To Launch MiniPay Wallet, Revolutionizing Financial Access In Africa

Key Points:

  • Celo and Opera team up to launch MiniPay in Nigeria.
  • MiniPay offers easy, affordable, and secure financial transactions.
  • The partnership fosters Web3 adoption across Africa through the Celo blockchain.
Celo, the blockchain platform with a focus on financial inclusion, has unveiled a partnership with Opera, the renowned web innovator with over 319 million users worldwide, to introduce the MiniPay stablecoin wallet. This innovative digital wallet is set to make its debut in Nigeria, targeting African mobile internet users to enhance their access to Web3 products.
Opera And Celo Join Forces To Launch MiniPay Wallet, Revolutionizing Financial Access In Africa 2

MiniPay offers swift and seamless financial transactions, closely integrated with the Opera Mini browser for Android users. The collaboration between Opera and the Celo Foundation has resulted in a user-friendly experience that enables wallet-to-wallet stablecoin transfers with minimal fees using mobile phone numbers. It aims to break down barriers for users transitioning from Web2 to Web3, providing a reliable means to store and transfer funds through stablecoins.

The wallet simplifies onboarding through Google credentials, ensuring rapid digital asset transfers and a smooth introduction to Web3 transactions. Notably, MiniPay automatically backs up users’ keys in their Google Drive, ensuring wallet recovery even in the event of a lost phone or app reinstallation.

Operational in non-custodial fashion, MiniPay avoids traditional banking rails and collaborates with local partners to facilitate stablecoin additions and withdrawals in local currencies. Furthermore, MiniPay will support Celo’s FiatConnect standard, enhancing the global Cash-In-Cash-Out experience.

By integrating MiniPay into the Opera Mini browser, users across Africa will gain access to fast and transparent transactions on the Celo blockchain, fostering the adoption of dApps and projects built on the Celo network.

MiniPay is set to launch in Nigeria, with availability expanding to other Opera Mini users across Africa in the coming months, enhancing financial inclusivity and accessibility for the continent’s growing digital economy.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Crypto Institutional Investors Move To ETFSwap (ETFS) Amid $500 Million Liquidity Injection Expectations

Discover why crypto investors are moving to ETFSwap (ETFS) as $500 million liquidity injection is…

1 hour ago

Buyers Rush to Maximise Gains with BlockDAG’s 100% Bonus Offer; Plus, ETH Holds Strong as Solana Challenges Rivals

Learn about BlockDAG's $110M presale achievement and the whopping 100% bonus offer, alongside Ethereum's growth…

3 hours ago

Thai Police Corruption Case Involving Officers and Extortion

Thai police corruption exposed as officers extort millions in USDT from a Chinese man under…

6 hours ago

SafePal Telegram Wallet Launches with Swiss Bank Accounts and CeDeFi

SafePal Telegram Wallet allows 950 million users to create compliant crypto-friendly Swiss bank accounts, integrating…

7 hours ago

Sheetz Crypto Payments Now Accepted at Over 750 US Locations

Sheetz crypto payments: 750+ US stores now accept Bitcoin, Ethereum, and more, rewarding customers through…

7 hours ago

Zhu Su Wife Sells Singapore Mansion for $38 Million

Zhu Su’s wife sells Singapore mansion for $38.5 million amid heightened financial scrutiny on Three…

8 hours ago

This website uses cookies.