South Africa’s Ezeebit has raised a $2 million seed round led by Founder Collective to accelerate its stablecoin-based payments infrastructure across Africa. The startup aims to simplify cross-border transactions for SMEs and freelancers by using USDC rails to reduce settlement time and fees. The new capital will support product expansion, regulatory engagement and partnerships with regional fintechs. Ezeebit plans to scale merchant adoption through APIs and mobile tools, positioning stablecoins as a faster, more reliable alternative to traditional bank transfers in emerging markets.
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BNB
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