Fintech platform Cowrie secures US$750,000 from SDF for its expansion drive

NIGERIA – Cowrie, a Nigeria-based fintech platform facilitating crypto remittance transfers, has secured US$750,000 investment from Stellar Development Foundation Foundation (SDF), the foundation of the network that supports the cryptocurrency Stellar (XLM). According to SDF, the investment provides resources for Cowrie to continue its expansion into operations in emerging markets, such as blockchain, and thus be able to further develop payment corridors both inside and outside Africa, with an initial focus on Nigeria highlights the note, due to its status as the largest economy in Sub-Saharan Africa. “SDF has been…

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