1 year ago
Just implicit 12 months aft raising $2 million, the Cameroonian fintech whose app allows users to bargain and store crypto assets precocious said it had received $8 cardinal successful its Series A concern round. According to Ruth Foxe Blader, spouse astatine Anthemis, Ejara aims to go the one-stop level wherever “a suite of fiscal products volition beryllium accessible astatine their fingertips, without the request for immoderate crypto knowledge.”
Owning the Keys to Your Crypto
Ejara, the Cameroonian fintech whose app enables users to bargain and store cryptocurrency successful decentralized wallets, precocious said it had raised $8 cardinal via a bid A investment. The fintech’s latest fundraising bid was jointly led by the United Kingdom-based task superior (VC) steadfast Anthemis and Dragonfly Capital.
Participating successful the latest circular were Mercy Corps Ventures, Coinshares Ventures, and Lateral Capital which conscionable similar Anthemis had likewise joined the fintech startup’s erstwhile round. According to a Techcrunch report, caller investors see Circle Ventures, Moonstake, Emurgo, Hashkey Group, and BPI France, portion Blockworks co-founder Jason Yanowitz is 1 of the angel investors that participated successful the round.
The fintech’s latest superior rise comes conscionable implicit 12 months aft Ejara said it had secured $2 cardinal via a effect round. Meanwhile, the latest superior brings the full funds that the fintech has raised successful nether 18 months to $10 million. Commenting connected the company’s latest superior raise, Nelly Chatue-Diop, the CEO astatine Ejara, is quoted arsenic saying:
When everyone was taking the different way and gathering centralized exchanges, we ever thought that, if you privation to ain crypto, you request to ain your keys. And that’s beauteous overmuch what’s saved america successful turbulent times.
From the astir 8,000 clients it had successful October 2021, Ejara present reportedly boasts implicit 70,000 users that hail from 9 antithetic French-speaking African countries.
Meanwhile, Ruth Foxe Blader, spouse astatine Anthemis, noted that Ejara had nary intentions of “limiting itself to being a crypto app.” Instead, the fintech is seeking to go a one-stop level wherever “a suite of fiscal products volition beryllium accessible astatine [users’] fingertips, without the request for immoderate crypto knowledge.”
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Terence Zimwara
Terence Zimwara is simply a Zimbabwe award-winning journalist, writer and writer. He has written extensively astir the economical troubles of immoderate African countries arsenic good arsenic however integer currencies tin supply Africans with an flight route.
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