Payments Startup Celo Raises $20M From a16z, Electric Capital
Submitted by Anonymous (not verified) on Wed, 02/10/2021 - 15:21Celo offers a blockchain payments platform using customers' cellphone numbers to secure their public keys.
Celo offers a blockchain payments platform using customers' cellphone numbers to secure their public keys.
After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.
After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.
The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital.
The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital.
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