Cenoa, a blockchain-based legal coin digital wallet, raised $7 million, while Quite Capital and Underscore led the capital
BlockBeats News: On February 6, Tech Funding News reported that Cenoa, a blockchain-based legal currency digital wallet, raised $7 million, led by Quite Capital and Underscore, Human Capital, Ulu Ventures, Acrew Capital and Collective Spark are among the investors.
Cenoa's funding will be used to expand in Latin America, Africa, Southeast Asia and Europe, as well as hiring. Cenoa, which aims to provide users in emerging markets with access to US dollar products, says its unmanaged savings solution, based on blockchain technology, reduces branch costs, intermediary fees and other inefficient procedures of traditional banking.
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