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Purpl: Empowering Lebanon’s Independence through Digital Finance

As Lebanon gears up to celebrate its Independence Day every year, it’s a significant occasion for a nation that has seen its fair share of challenges. The economic crisis and geopolitical tensions in recent years have left many feeling the weight of uncertainty and instability. 

Digital Wallets

Purpl 2.0: Giving You Greater Control Over Your Finances

Purpl, a digital wallet that allows you to receive money from friends, family members, and employers from abroad has recently launched their new app version that gives you the power to store your received transactions indefinitely in your wallet, as

Digital Wallets

Apple Pay, Paypal, Purpl: Open or Closed Loop Digital Wallets?

Digital wallets have become a crucial aspect of our daily routines in this fast-paced digital era. They have transformed the way we handle financial transactions and manage our finances. Two primary types of digital wallets dominate the market: closed loop and open loop.

ripple etehereum and bitcoin and micro sdhc card

Stablecoins vs Cryptocurrencies: Key Differences & Real-World Use Cases

In today’s fast-paced digital financial world, understanding the nuances of the various forms of digital financial assets is crucial. With the collapse of the banking sector and the rise of the digital wallet era led by platforms like Purpl in Lebanon, we often encounter terms like cryptocurrencies and stablecoins. But what really sets these two apart? Here’s a detailed exploration.

money transfer

What is the Future of Money Transfer Services in Lebanon?

Lebanon is considered a highly remittance-dependent economy with an average of 7 Billion US Dollars flowing into the country every year. Currently, the money transfer service industry in Lebanon is a monopolistic industry. As a result, this monopoly imposed an unrealistic set of rules.


Top 5 tips to Build a Strong Community for Your Startup

A healthy and vibrant community is a vital aspect of every company, especially an early stage one, and can be a good indicator of whether things are running smoothly for you. Below we will share with you our top 5 tips

a close up shot of a person scanning a qr code
Digital Wallets

5 Reasons to Shift Towards a Cashless Society

n an era where technological advancements shape every aspect of our lives, the global financial landscape is also experiencing a significant transformation. The traditional cash-based society, which has been the backbone of transactions for centuries, is gradually giving way to the convenience and efficiency of a cashless society.

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Central Bank of Lebanon Decision No 28/5/23 date 1/2/2023​
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