Bitmama, a Nigerian blockchain payments startup, has raised $2 million in pre-seed funding as it expands into new markets.

Bitmama, a Nigerian blockchain payments startup, has raised $2 million in pre-seed funding as it expands into new markets.

ByTechTrends

Africa has the world’s third fastest-growing cryptocurrency market, with adoption increasing by more than 1,200% in the last two years. Countries such as Nigeria, Kenya, and South Africa are largely to blame for skyrocketing adoption rates as citizens seek to protect themselves from currency depreciation and build wealth. Despite African governments’ mixed feelings about cryptocurrencies,…

Bitmama Launches Physical Crypto Cards for Easy in-store Payments Globally
|

Bitmama Launches Physical Crypto Cards for Easy in-store Payments Globally

ByTechTrends

Bitmama becomes first African blockchain company to launch Physical Crypto Cards for in-store payments globally Leading blockchain company, Bitmama pioneers a new feature, Physical Crypto Cards for users in the African market. Lagos, Nigeria – Monday, Mar 8, 2022. Today, leading blockchain company Bitmama, announces its latest product – Physical Crypto Cards. This comes three…

Crypto start-up Bitmama closes pre-seed round
|

Crypto start-up Bitmama closes pre-seed round

ByTechTrends

African blockchain company Bitmama has closed a $350,000 pre-Seed round, led by Flori Ventures, with participation from Nigeria-based investment fund Emergence Capital, Fedha Capital, and a host of VCs and angel investors. The Bitmama pre-seed round will be used to grow its operational presence, expand its team, and penetrate new markets across the continent, while rapidly scaling crypto and payment…

Nigerian fintech startup Bitmama closes $350k pre-seed funding round

Nigerian fintech startup Bitmama closes $350k pre-seed funding round

ByTechTrends

Nigerian fintech startup Bitmama has closed a US$350,000 pre-seed funding round to grow its operational presence, expand its team, and penetrate new markets across the continent. Launched in 2019, Bitmama provides a secured blockchain infrastructure that allows users across Africa to transact Bitcoin, Ethereum, Celo and six other cryptocurrencies. With users across Nigeria and Ghana, Bitmama has…