African Web 3 Super App Jambo Raises $7.5M in Seed Round

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African Web 3 Super App Jambo Raises $7.5M in Seed Round
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.JamboTechnology is building a Web 3 super app for Africa with endorsements from stablekwon, sandeepnailwal and others. iamsandali reports.

Jambo, a Web 3 super app, wants to be an all-in-one education, play-to-earn and personal finance app for Africa. , a three-month old company building a Web 3 super app for Africa, has raised $7.5 million in seed funding from an array of prominent backers in the crypto industry, including Delphi Ventures, Coinbase Ventures and Three Arrows Capital.

Zhang grew up in the Democratic Republic of Congo, and said his family had been in Africa for three generations. After graduating from NYU in 2017 with a degree in computer science, he ran a crypto fund for four years before starting work on Jambo. “We're literally going campus by campus. We're, I think, signing on one to two per week, started about a month ago. We’re at around more than six college campuses already. Hoping to enter 10 or 15 by the end of [March],” Zhang said.

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