Canza Finance, an emerging markets neobank, successfully raised $3.27 million in seed funding. The fundraising was led by Fenbushi Capital, with participation from Dominance Ventures, Bixin Ventures, Consensys, Protocol Labs and Emergo Ventures, among others.
These resources should allow the company to expand its services in Nigeria, but also to continue its growth in America and Asia.
“Our vision is to become leaders in decentralized finance and to spearhead this movement to bring financial freedom to millions of people. The tremendous interest and support from our investors and strategic partners will enable us to grow Canza’s world-class team, improve our security and, most importantly, take a definitive leadership position in our target markets,” commented Oyedeji Oluwoye, co-founder and CTO of Canza Finance.
Created in 2020, Canza Finance relies on a strong network of local money market players to distribute financial services in several countries in sub-Saharan Africa.
