Stablecoin payment financial company Kredete has completed a $22 million Series A financing, led by AfricInvest.

robot
Abstract generation in progress

Odaily News Kredete, a stablecoin payment financial company in Africa, announced the completion of a $22 million Series A funding round, led by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle, with participation from Partech and Polymorphic Capital. To date, the company's total funding has reached $24.75 million. Kredete is dedicated to helping African immigrants improve their credit records through stablecoin payments and credit-building services. The new funds will be used to support its expansion into Canada, the UK, and European markets. (Partechpartners)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)