KoinKoin and SR FINANZMANN close $2m funding round in boost to Corporate OTC business
Summary
Fintechs KoinKoin and SR FINANZMANN, have closed a $2 million private funding round in a major boost to their corporate OTC business for foreign exchange and digital assets. The funding will enable the businesses to continue their rapid expansion and ambitious growth plans.Aimed to support the growing African market, KoinKoin enables customers to buy, sell and transfer digital assets across key operating countries such as Nigeria, Ghana, Kenya, South Africa, as well as Southeast Asia and Western Europe.KoinKoins platform challenges Blockchain.com and Coinbase with its superior customer-focused features, delivering unrivalled value and access to crypto assets 24/7, 365 days of the year. The platform is directed to meet retail consumer needs, allowing customers to quickly buy and sell digital assets using advanced application programming interfaces (APIs) providing market data and real-time information around best prices. Ola Atose, the Founder of KoinKoin and SR FINANZMANN, has expressed a clear mission to promote financial innovation and foster inclusive growth across the African region. Mimi highlighted the strategic positioning to play a central role in the African FX market, serving both retail and corporate customers to enhance financial access and inclusion across the region.Mimi anticipates an excellent year ahead and is enthusiastic about witnessing the unfolding of the next growth chapter.