ezeebit

According to market news, South Africa's FSCA-regulated crypto payment startup Ezeebit announced the completion of a $2.05 million seed round financing, which will be used to accelerate product development and merchant expansion in South Africa, Kenya, and Nigeria.The company supports instant settlement in stablecoins and next-day local currency payments, having processed over 30,000 transactions. Investors include Raba Partnerships, Founder Collective, and industry executives from VISA, Revolut, Talos, and others.

South African fintech startup Ezeebit has completed a $2.5 million seed funding round, led by Raba Partnership, with participation from Founder Collective, Terry Angelos, Anton Katz, Nadir Khamissa, David De Picciotto, and Chris Harmse.Ezeebit is a financial services provider and crypto asset service provider regulated by the FSCA. Ezeebit's CEO and co-founder Daniel Katz stated, "This investment will support Ezeebit's stablecoin settlement layer," which connects decentralized and traditional finance in a compliant manner.