Fonbnk Raises $3.5-Million in Seed Funding to Aid Underbanked Across Africa - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Fonbnk, a US-based company that leverages the widespread penetration of billions of prepaid mobile SIM cards to enable interoperability between the Web3 internet and traditional fiat-based monetary systems, announced on Tuesday the closing of a $3.5 million seed round. Fonbnk allows anyone in Africa and other emerging markets that use prepaid mobile SIM cards to […]

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