Shiga Digital, a fast-rising blockchain fintech company, is strengthening its position as a key player in Africa’s digital finance space through new regulatory achievements and an alliance with Tether, the world’s largest stablecoin issuer.
The company announced that it has secured the Innovation License from the Dubai International Financial Centre (DIFC), a global hub for financial services and innovation.
The license, granted under the supervision of the Dubai Financial Services Authority (DFSA), enables the platform to expand its blockchain-based financial services in full regulatory compliance—an important step as the company looks to scale operations across African countries.
Shiga Digital positions itself to empower African businesses
Founded in 2021, the firm was built to support African businesses in overcoming the limitations of traditional banking systems.
Through its blockchain-powered platform, the company enables seamless cross-border payments, stablecoin transactions, treasury management, and digital asset investment tailored to the African market’s needs.
“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.
He added, “Our strategic alliance with Shiga Digital is rooted in a shared belief that secure and scalable financial tools should be accessible to all. Together, we’re unlocking new opportunities for growth and financial inclusion across the continent.”
The partnership with Tether brings financial backing and signals global confidence in Africa’s fintech ecosystem.
It positions Shiga Digital to strengthen its impact and help drive blockchain adoption among both regulators and enterprises in emerging markets.
Also, the digital platform offerings eliminate the technical and regulatory complexities that have traditionally prevented businesses from adopting blockchain finance.
Instead of building from scratch, companies can now plug into Shiga’s ready-to-use infrastructure for payments, trade, and treasury operations through its web platform and the latest mobile apps for iOS and Android.
“What sets us apart isn’t just the technology we’re building, but the why and how behind it,” said Dami Etomi, Co-Founder and COO at Shiga Digital. “We’re designing intuitive, reliable, and locally relevant tools that empower African businesses to thrive in the global digital economy.”
On the license, the DIFC Innovation License places Shiga Digital within one of the world’s most advanced financial ecosystems, offering access to a network of banks, asset managers, and fintech innovators.
It also provides regulatory clarity, which is increasingly critical for fintech companies navigating Africa’s digital finance system.
“Our mission is to level the financial playing field by equipping African businesses with the tools to compete globally,” said Abiola Shogbeni, Co-Founder and CEO of Shiga Digital.
“With our DIFC license and partnership with Tether, we’re laying the foundation for a future where Africa isn’t just participating in digital finance—it’s leading the way.”
Accessible, compliant, and scalable
Shiga Digital make sure that it fully complies with local regulations in every market it serves. By partnering with licensed financial transmitters across Africa, the company ensures its offerings meet both user needs and government requirements.
The platform, available via its website, offers a comprehensive suite of services for African entrepreneurs, small businesses, and corporations.
It removes the need for intermediaries and enables direct access to stable, secure, and scalable blockchain finance.
About Shiga Digital
Shiga Digital is a global fintech company building blockchain and AI-powered solutions to simplify digital finance for businesses and individuals.
The platform operates in over 15 countries and provides professional tools that bridge traditional finance and blockchain, making it easier for users to adopt and benefit from decentralised technologies.
Media Contact:
Daniel Okechukwu
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