Blockchain financial company Canza Finance completes $2.3 million strategic financing, led by Polychain
ChainCatcher news, focusing on the South African market, blockchain financial company Canza Finance announced the completion of a $2.3 million strategic financing round, led by Polychain, with participation from ProtocolLabs, AvaLabs, 99 Capital, BitscaleCapital, StratifiedCap, ContangoDigital, and others. This round of financing enables us to further develop innovative tools and services aimed at reducing the costs of doing business on the African continent.
According to the crypto data platform RootData, Canza is building the world's largest non-institutional financial system, leveraging decentralized finance (DeFi) and a robust network of experienced local market participants to distribute financial and transaction-based services to the masses. Canza Finance's solutions involve five different but interconnected areas, including cryptocurrency on-ramps and off-ramps, cross-border settlements, treasury services, decentralized finance, crypto ATMs, agent-based banking, and IPFS storage.