African fintech company Kredete today announced the completion of a $22 million Series A funding round led by Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE) from AfricInvest, with participation from Partech and Polymorphic Capital. Founded in 2023, the company is dedicated to helping African immigrants build their credit histories through stablecoin payments and cross-border remittance services. The company will use this round of financing to expand its business...
非洲金融科技公司Kredete今日宣布完成2200万美元A轮融资,由AfricInvest旗下Cathay AfricInvest Innovation Fund (CAIF)和Financial Inclusion Vehicle (FIVE)领投,Partech和Polymorphic Capital参投。该公司创立于2023年,致力于通过稳定币支付和跨境汇款服务帮助非洲移民建立信用记录。公司将利用此轮融资扩展业务至加拿大、英国及欧洲市场,并推出非洲首个稳定币支持的信...
Cross-border money transfer platform Kredete announced the completion of a $2.25 million seed round of financing, led by BFF, and participated by well-known investment institutions such as Techstars, Tezos Foundation, Polymorphic Capital, Launch Africa, Neer Venture Partners, SDF and DNA Fund. Kredete uses stablecoins to slash transfer fees to less than a dollar.