May 18

Blockchain-Based Lending Startup Jia Raises $4.3 Million for Expansion

Jia, a fintech firm that uses blockchain technology to provide loans to micro and small businesses in developing markets, has raised $4.3 million in seed funding. Likewise, the company has gotten a $1 million dedication for on-chain liquidity.

TCG Crypto, an early-stage backer, led this funding round, with involvement from many funds including BlockTower, Hashed Emergent, Saison Capital, and Global Coin Research.

Photo courtesy of WOCinTech Chat.

Source: BlockBuild.Africa (link opens in a new window)

Finance, Technology
financial inclusion, lending, MSMEs