Ezeebit, a South African-regulated crypto payments startup, has raised $2.05 million in a seed funding round. The funds will be used to enhance product development and expand merchant services in South Africa, Kenya, and Nigeria. Ezeebit facilitates instant stablecoin settlements and next-day local fiat payments, having processed over 30,000 transactions to date. The funding round saw participation from Raba Partnerships, Founder Collective, and executives from VISA, Revolut, and Talos.
Ezeebit Secures $2.05 Million in Seed Funding to Expand African Operations
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