Big Crypto Investors Pour Millions Into This African Startup

  • Jambo, a crypto startup based in the Democratic Republic of Congo, has raised $30 million in a Series A funding round with several notable investors, including Pantera Capital, Delphi Ventures, Kingsway Capital, and Gemini Frontier Fund.
  • The six-month-old crypto startup plans to build a Web3 super app for Africa, similar to Chinas WeChat, creating a hub for Africas entire digital economy.
  • Jambo has already opened offices in 15 countries across Africa and plans to use the latest funding to expand into additional African cities, hire engineers for Web super app development, and ambassadors for its Web3 education program.
  • The company plans to launch the AfricaDAO investment fund in partnership with investors to provide financial support to startups sharing the same passion.
Jambo africa Big Crypto Investors Pour Millions Into This African Startup
Big Crypto Investors Pour Millions Into This African Startup 2

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