蜜桃视频

Just one year ago, we were following Nigerian-American 蜜桃视频 A&M University alumnus Oyedeji 鈥淒eji鈥� Oluwoye on his exciting trip to Australia to gain extra credentials in booming arena of financial technology to help boost his own Atlanta-based company.  The aim then, as it remains, was to help bring the African continent 鈥渋nto its destiny鈥� as the next global frontier of innovation.

鈥淒eji鈥� is founder and CEO of Coincentrix, a blockchain research firm that creates software for blockchain and social-impact projects aimed at emerging markets, smart cities and developing countries.  A key project of Oluwoye鈥檚 operation is Canza, a blockchain-powered ecosystem enabling access to financial tools for sub-Saharan African small- and medium-sized enterprises.

Deji鈥檚 Canza Finance, an emerging markets neobank poised to launch a large non-institutional-based financial system, recently announced the completion of its $3.27 million seed round. The fundraising round was led by Fenbushi Capital, with participation from Dominance Ventures, Bixin Ventures, ConsenSys Mesh, Protocol Labs, Emurgo Ventures, MEXC Global, NGC Ventures, XanPool, HashKey, the founders of Celo and others. This funding enables Canza to continue headcount growth and expand its service offering in Nigeria and other growth regions including South America and Asia.

鈥淲e are members of the African diaspora who regularly send money to our family members at home, visit and conduct transactions across various African markets,鈥� explained Deji just last year.  鈥淥ur team has first-hand experience dealing with the frustrations that come with unstable currency and limited options for seamlessly transacting across borders. This is what powered our interest in creating a platform that would simplify how businesses across the continent can serve customers on the ground and in the diaspora.鈥�

鈥淭oday, we stand at a critical juncture in the journey to democratizing finance, with Nigeria emerging at the vanguard of crypto adoption globally,鈥� commented AAMU鈥檚 own Deji.  鈥淎gainst a backdrop of high inflation, financial instability and barriers to access of traditional financial services, sub-Saharan Africa鈥檚 underdeveloped financial infrastructure has made the region a perfect vector for decentralized finance.鈥�

Deji is pushing for leadership in decentralized finance and hopes to spearhead a movement toward financial freedom for millions of individuals.  鈥淭he tremendous interest and backing of our investors and strategic partners will enable us to grow the world class Canza team, improve our security and most importantly take a definitive leadership position in our target markets,鈥� said Deji.鈥�

Established in 2020, Canza relies on a robust network of experienced local money market players to distribute financial and transaction-based services to users in Sub-Saharan African countries. Canza鈥檚 seamless crypto on/off-ramp services enable a wide range of DeFi services, including staking, P2P and cross border settlements鈥攁iming to contribute to the creation of an innovative and fully decentralized financial system.

鈥淭he rate of cryptocurrency adoption in high-growth markets鈥攊n particular Africa鈥攏ot only signals growing excitement for this new digital economy, but the advance of real world use cases,鈥� said Bo Shen, managing partner at Fenbushi Capital. 鈥淭his traction, combined with Sub-Saharan Africa鈥檚 market, social and community conditions, uniquely positions it as an environment where a project like Canza will thrive.鈥�

Canza鈥檚 collaboration with a large network of mobile money agents will lower the entry barrier for non-literates, the unbanked, and the underbanked, to access major financial services while maintaining the security and transparency associated with decentralization.

鈥淲e are in the business of simplifying the blockchain and cryptocurrency access for the African-focused NextGen data driven market,鈥� Deji said.

For more on Deji鈥檚 fintech feats, contact o.oluwoye@canza.io or call (256) 694-3432.

- Compiled by Jerome Saintjones