We are pumped to announce this new strategic collaboration with Celo Africa DAO, to promote financial inclusion across Africa. It’s a significant milestone in our mission to usher in Africa into a new era of finance starting with the fast-growing Celo ecosystem in the continent.
Bringing Africa On-Chain
The collaboration between Finna and Celo Africa DAO is rooted in a shared vision: onboarding the next 1B smartphone users on-chain assets powered by the lightweight lightning-fast Celo blockchain.
By working together, Finna and Celo Africa DAO will focus on expanding the reach of the Celo ecosystem solutions throughout Africa. With a combination of technical expertise from the Finna team, community-driven initiatives, and localized support from the DAO, the two organizations are poised to make a significant impact on the ground.
The partnership will revolve around several key areas where both organizations can make the most significant contributions:
- Expanding Celo Technology → Leveraging Celo’s mobile-first blockchain platform, Finna will integrate its solutions with the Celo ecosystem to make financial services more accessible, affordable, and secure for all.
- Education & Community Building → Together, Finna and Celo Africa DAO will create and distribute educational content to empower individuals, entrepreneurs, and developers with the knowledge they need to harness the potential of Celo blockchain. Through community engagement activities, co-hosted events, and online campaigns, we will foster a vibrant ecosystem of Web3 enthusiasts across Africa.
- Innovation & R&D → Finna and Celo Africa DAO will collaborate on research and development projects focused on creating new, innovative solutions. These projects will prioritize African-specific challenges and opportunities, from remittances and microfinance etcetera.
- Resource Sharing & Technical Support → As part of the partnership, Finna will share its technical expertise and resources with Celo Africa DAO to support the development of Celo-based projects.
Why This Partnership Matters
Africa is home to over 1.3 billion people, yet a significant portion of the population remains unbanked or underbanked, with limited & expensive access to financial services. This lack of access restricts economic growth and opportunities for millions of people across the continent. Celo can offer a powerful solution to this problem by enabling borderless, and secure financial services that can be accessed by anyone with a smartphone.
The partnership between Finna and Celo Africa DAO could be the cold start to breaking down the barriers to financial inclusion in the Continent.
About Finna
Finna is an inflation-proof FX-backed lending, remittance & merchant payment suite for emerging markets. It’s building an infrastructure to mitigate inflation and enjoy more efficient payments and remittances.
About Celo Africa DAO
Celo Africa DAO is a decentralized autonomous organization that operates within the Celo ecosystem for the African community. Its mission is to promote financial inclusion and economic empowerment across Africa by leveraging the Celo Chain.
Big news coming from Finna and Celo Africa DAO coming soon! 💪
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