Nigeria: Stablecoin Payments Startup Secures $3million Funding
IT News Africa | Staff Writer - Dec 16, 2024
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  • Juicyway launched out of stealth mode with a $3M pre-seed funding round.
  • The funding round was led by P1 Ventures with participation from multiple investors.
  • Juicyway supports fiat and cryptocurrency transactions, facilitating global payments.
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Juicyway's innovative approach to leveraging stablecoin technology for cross-border payments is a significant step towards financial inclusion in Africa. The startup's focus on reducing remittance costs and enhancing liquidity for African currencies could reshape the financial landscape, making it essential for stakeholders to monitor its growth and impact on the market.
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