Virtual Currency Startups in Africa

Overview Powered by AI

Virtual currencies are gaining traction due to their potential for faster and cheaper cross-border transactions. Local businesses are exploring their use, but uncertainty remains over regulation and volatility. The withdrawal of Zlto has raised concerns, highlighting the need for a clearer regulatory framework.

Cummulative Funding

$250K+

Total # of Companies

1

Total Deal Count

1

Total M&A Count

0

Total # of Investors

2

List of Virtual Currency startups in Africa

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Startup	Overview	Last round	Total raised	Founded
1. Zlto South Africa Zlto is a platform that uses blockchain technology to increase engagement amongst youth, track and encourage positive behaviour. Zlto South Africa	Zlto is a platform that uses blockchain technology to increase engagement amongst youth, track and encourage positive behaviour.	Grant	$ 250,000	2016

Zlto

Founded

2016

Overview

Zlto is a platform that uses blockchain technology to increase engagement amongst youth, track and encourage positive behaviour.

Last round

Grant

Total raised

$ 250,000

Employee

1-10