Cryptocurrency and Blockchain Startups in Africa

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Crypto and blockchain in East Africa: growing interest, but challenges remain. Regulatory frameworks and infrastructure gaps hinder widespread adoption. Local business leaders are exploring use cases, but concerns over volatility and security persist. BuyCoins is a major player, but faces competition from global and local exchanges.

Cummulative Funding

$1.2M+

Total # of Companies

2

Total Deal Count

4

Total M&A Count

0

Total # of Investors

3

List of Cryptocurrency and Blockchain startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

BuyCoins is a service that enables users trade cryptocurrency instantly with no wait time.

Seed

$ 1,220,000

2017

2.

Konnadex enables African merchants to accept stablecoin payments through seamless Web3 tools.

Grant

$ 20,000

2022

BuyCoins

Founded

2017

Overview

BuyCoins is a service that enables users trade cryptocurrency instantly with no wait time.

Last round

Seed

Total raised

$ 1,220,000

Employee

11-20

Konnadex

Founded

2022

Overview

Konnadex enables African merchants to accept stablecoin payments through seamless Web3 tools.

Last round

Grant

Total raised

$ 20,000

Employee

11-50

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