- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Kenyan Web3 Payment Platform HoneyCoin Raises $4.9 Million in Funding, Led by Flourish Ventures
BlockBeats News, August 13th, according to BitKE, Kenya's Web3 payment platform HoneyCoin announced the completion of a $4.9 million financing round, led by Flourish Ventures. The funds will be used to expand operations, enhance product lines, and onboard senior executives. HoneyCoin's founder, David Nandwa, established the company at the age of 19 in 2020. The platform's monthly transaction volume has now exceeded $1.5 billion, serving 350 corporate clients and hundreds of thousands of users.
HoneyCoin achieves instant or same-day settlement through a stablecoin-compatible platform, supporting business in 45 countries. It has established partnerships with institutions such as MoneyGram, UBA Bank, and Stripe. This financing round will help further expand its team and regulatory compliance efforts.
You may also like
Circle has been on the market for 270 days, working hard to shed the stablecoin label
Interpreting Stripe’s 2025 Letter: Despite the Crypto Winter, It’s Still Stablecoin Season
After Jane Street Halts 10% Sell-Off, BTC Sees Strong Rebound
Myanmar in Turmoil: The Sanctity of the Dollar, Trapped Youth, and the Underground Financial System
Wall Street's Most Mysterious Money-Making Machine, Crashing Bitcoin Price at 10 a.m. Sharp Every Day
Key Market Information Discrepancy on February 26th - A Must-Read! | Alpha Morning Report
How was the Backpack staking token swap established?
Can You Still Launch a VC Firm Today?
Claude Cowork Adds Scheduled Task, Jane Street Incident Continues to Stir, What's the Overseas Crypto Community Talking About Today?
Leveraging $6,000 to Move a $200M Market Cap? How Polymarket Creates an "Insider Trading Illusion"
WEEX AI Hackathon: $8B Traded, Real AI Strategies Proven
How profitable is AI trading in real crypto markets? WEEX's $1.88M global AI hackathon reveals $8B volume, 227% ROI, API strategy data, and why only 8 of 37 traders made profit.
Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…
Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…
Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…
The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.
February 25th Market Key Insights, How Much Did You Miss Out?
Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law
App