NOBO Joins the Digital Pound Foundation to Help Drive Change in Financial Services Across Europe and Africa

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Published: December 17, 2024

We are excited to announce the addition of NOBO, a fintech that is reducing friction in financial services across Europe and Africa with blockchain and open banking, to the Digital Pound Foundation (DPF) as Associate Members.

NOBO’s mission is to provide seamless, secure, and efficient financial services through innovative technology solutions. By leveraging blockchain, integrating open banking, stablecoins, CBDCs, and real-world asset tokenization, NOBO is creating a financial ecosystem where real-time cross-border settlements and fractional asset ownership are possible, reducing friction, boosting market liquidity, and improving the accessibility and efficiency of financial services.

Ayo Ojerinola, Founder & CEO/CTO at NOBO, commented:

“At NOBO, we are passionate about driving innovation in financial services, fostering global financial inclusion, and enabling the tokenization of real-world assets. Joining the Digital Pound Foundation aligns perfectly with our mission to improve financial connectivity between Europe and Africa through cutting-edge technologies like blockchain, stablecoins, CBDCs, and asset tokenization. We are excited to collaborate with the DPF community to shape the future of digital finance in the UK, advocate for real-time cross-border payments powered by digital currencies, and contribute to the development of a secure, efficient, and inclusive digital pound ecosystem.”

Michelle Brook, Membership and Community Lead at the Digital Pound Foundation, added::

“We are delighted to welcome NOBO to the Digital Pound Foundation. Their expertise in fostering financial innovation, particularly in advancing financial inclusion and enabling the tokenization of real-world assets, aligns perfectly with our mission to shape the future of digital money in the UK. NOBO’s commitment to improving financial connectivity between Europe and Africa through technologies like blockchain, stablecoins, and CBDCs will bring invaluable insights to our work. Together, we look forward to driving real-time cross-border payment solutions and contributing to the development of a secure, inclusive, and efficient digital pound ecosystem.”

More information

If you would like to learn more about membership, please visit our membership page, or reach out to our Membership and Community Lead, Michelle Brook directly via email: membership@digitalpoundfoundation.com

For more information about NOBO, please visit: https://www.nobofinance.co.uk/

About the Foundation

Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

Join our community

Collaborate with other members through our various working groups, discussing and building concepts around use cases and payments, innovative approaches to privacy, identity, and sustainability, and addressing legal and regulatory concerns collaboratively. Join our events, both in-person and online, and participate across our panel discussions, roundtables, and webinars. Meanwhile, our audience is large and growing quickly, providing members with additional outlets to share and amplify their latest news and developments.