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Investors Back Kredete Stablecoin Credit Approach With $22M Series A Funding

TL;DR, Kredete secured $22M Series A funding to take its stablecoin credit card services to the next level, serving 700,000+ monthly users across 30+ African countries with $500M+ in cross-border remittances. AfricInvest, Partech, and Polymorphic Capital funded Kredete’s expansion plans, bringing total funding to $24.75M since 2023 as the platform becomes Africa’s largest payment aggregation…

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Meet Africa’s New Stablecoin Credit Card for Global Payments

Following up groundbreaking research showcasing Africa’s fast-paced stablecoin transaction volume, Kredete, a fintech platform, has unveiled the continent’s first stablecoin credit. In Brief Stablecoin credit card by Kredete enables Africans to spend USDC globally with near-instant Stellar settlements. Real-time FX conversions and minimal gas fees make it a genuinely low-cost remittance and spending solution. Integrated…

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