Cameroonians raise $2 million The fintech, which offers an app that allows users to buy and store crypto assets in just 12 months since, recently announced it received $8 million in a Series A investment round. According to her Anthemis partner, Ruth Foxe Blader, Ejara aims to be her one-stop platform where she can “access an array of financial instruments at her fingertips without any knowledge of cryptocurrencies.”
Own cryptocurrency keys
Cameroonian fintech firm Ejara has developed an app that allows users to purchase cryptocurrencies and store them in decentralized wallets. and recently announced that it has raised $8 million in Series A funding. investment. Fintech’s latest fundraising series was co-led by UK-based venture capital (VC) her Anthemis and Dragonfly Capital.
Participating in the latest round are Mercy Corps Ventures, Coinshares Ventures, and Lateral Capital, who, like Anthemis, also participated in previous rounds of fintech startups. New investors include Circle Ventures, Moonstake, Emurgo, Hashkey Group and BPI France, according to a Techcrunch report, while Blockworks co-founder Jason Yanowitz is one of the angel investors who participated in the round. one of him.
This fintech’s latest funding comes just 12 years after Ejara announced it had secured her $2 million in seed-his round. Months later. Meanwhile, the latest capital brings her to $10 million in total funding fintech has raised in his 18 months. Commenting on the company’s recent capital increase, Ejara CEO Nelly Chatue-Diop said:
If you want to own crypto, you must own the keys. And that’s what saved us in turbulent times.
Her Ejara, who had around 8,000 clients in October 2021, now has over 70,000 users from her nine French-speaking African countries. They are said to be proud.
Meanwhile, Anthemis partner Ruth Foxe Blader noted that Ejara has no intention of “limiting itself to cryptocurrency apps.” Instead, fintech aims to be a one-stop her platform that “allows [users] to access an array of financial instruments at their fingertips without any knowledge of cryptocurrencies.”
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