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SA Company Wins $50-Million in Africa's "Largest-Ever" Crypto Raise - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

VALR.com, a cryptocurrency exchange headquartered in South Africa, today announced that it has raised $50 million (over R750 million) in Africaโ€™s largest ever crypto funding round. This values the company at $240 million. VALRโ€™s oversubscribed Series B equity funding round was led by Pantera Capital with participation from Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, […]
South Africa Kumar Dandapani Farzam Ehsani Paul Veradittakit Fidelity Investments Alameda Research

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Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets – TechCrunch

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Computers, the internet, fintech, artificial intelligence, any tech you can name (except mobile tech) people in these regions have always had to play catch up. But new technologies such as crypto and web3 provide […]
United States Yele Bademosi Taiwo Orilogbon Old Fashion Research Alameda Research Defi Alliance

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