Cardano Joins $11 Million Investment Round in Kenya Fintech Company to Change Microfinance Around World
Charles Hoskinson has taken to Twitter to share that the company behind Cardano, IOG, led by him, had taken part in an investment round of $11 million for supporting a fintech company Pezesha based in Kenya, Africa. He stated that he is excited to support this company’s mission to improve the sphere of microfinance around the world.
According to Techcrunch, IOG and Women’s World Banking Capital Partners II fund, have led an investment round of $11 million in Pezesha. This fintech company intends to roll out to other countries in Africa – Nigeria, Rwanda and Francophone Africa after the pre-series A equity debt it has just conducted. The source stated that $5 million were invested by Talanton and Verdant Capital Specialist Funds. The rest - $6 million – came from IOG and several investment funds. Pezesha deals with lending.
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https://t.me/Cronos_Cardano_Ripple
