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Jambo Raises $7.5M From Coinbase, Alameda Research To Build “Web3 Super App” Of Africa

Feb 21, 2022•over 3 years ago

Amount Raised

$7.5 Million

SoftwareInternet Services

Description

Jambo, a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 million in seed funding.

Company Information

Company

Jambo

About

And a few companies, such as Jambo, are positioning themselves for this next boom. The company said this would enable students to explore opportunities in play-to-earn gaming and decentralized finance (DeFi). Both companies have different play-to-earn models — Nestcoin runs a gaming guild called Metaverse Magna (MVM), Jambo doesn’t. For instance, users can save their data spend when they use Jambo.