The cross-border transfer platform Kredete has completed a $2.25 million seed round financing, led by BFF

2024-08-30 19:48:34
Collection

ChainCatcher news, cross-border remittance platform Kredete announced the completion of a $2.25 million seed round financing, led by BFF, with participation from well-known investment institutions such as Techstars, Tezos Foundation, Polymorphic Capital, Launch Africa, Neer Venture Partners, SDF, and DNA Fund.

According to Web3 asset data platform RootData, Kredete is a financial platform dedicated to helping African immigrants build credit and send money home at low costs. Kredete uses stablecoins to significantly reduce transfer fees to less than one dollar.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators