Juicyway Emerges from Stealth with $3M Pre-Seed to Revolutionize Cross-Border Payments
- Juicyway officially launched out of stealth mode.
- $3M pre-seed funding round led by P1 Ventures.
- Remittance fees in Africa average 13% for $200 transfers.
Juicyway's innovative approach to reducing remittance costs and enhancing liquidity in African currencies is commendable. However, the success of their platform will depend on their ability to scale operations and effectively compete with existing financial services in the region.
