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3232Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
https://www.digit.info/report-chipper-cash-valuation-dropped-to-1-25-billion-after-it-secured-additional-funding-from-ftx/
Sat, 10 Dec 2022 09:30:06 +0000https://www.digit.info/2022/12/10/report-chipper-cash-valuation-dropped-to-1-25-billion-after-it-secured-additional-funding-from-ftx/Read more]]>After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agreement for future equity (SAFE) grant from the now-collapsed crypto exchange FTX. Chipper Cash has also reportedly laid off 50 employees as it seeks […]
]]>Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
https://www.digit.info/nigerian-web3-startup-says-funds-are-stuck-with-ftx-lays-off-employees/
Thu, 17 Nov 2022 11:00:27 +0000https://www.digit.info/2022/11/17/nigerian-web3-startup-says-funds-are-stuck-with-ftx-lays-off-employees/Read more]]>Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus on building a more decentralized crypto future. Using FTX as Custodian […]
]]>Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
https://www.digit.info/congo-based-startup-jambo-raises-7-5-million-in-seed-funding-round/
Wed, 23 Feb 2022 12:30:58 +0000https://www.digit.info/2022/02/23/congo-based-startup-jambo-raises-7-5-million-in-seed-funding-round/Read more]]>A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media Companies Jambo, the Congo-based developer of a Web3 app, has raised […]
]]>African Web3 Startup Raises $6.45 Million in Pre-Seed Round, Serena Williams’ Investment Firm Participates
https://www.digit.info/african-web3-startup-raises-6-45-million-in-pre-seed-round-serena-williams-investment-firm-participates/
Sat, 05 Feb 2022 13:30:19 +0000https://www.digit.info/2022/02/05/african-web3-startup-raises-6-45-million-in-pre-seed-round-serena-williams-investment-firm-participates/Read more]]>An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use the capital raised to educate, build and invest in web 3.0 applications. Facilitating Crypto Adoption Nestcoin, a Nigerian startup that […]
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agreement for future equity (SAFE) grant from the now-collapsed crypto exchange FTX. Chipper Cash has also reportedly laid off 50 employees as it seeks […]
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus on building a more decentralized crypto future. Using FTX as Custodian […]
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media Companies Jambo, the Congo-based developer of a Web3 app, has raised […]
An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use the capital raised to educate, build and invest in web 3.0 applications. Facilitating Crypto Adoption Nestcoin, a Nigerian startup that […]