FUNDING | African Payments Infrastructure Provider, CrissCross, Secures Investment from Circle
Photo: Pixabay (illustration)
African cross-border payments infrastructure provider CrissCross has secured an investment from Circle Ventures, the venture capital arm of Circle Internet Group, as it looks to expand stablecoin-powered payment services across African markets. The investment was made through CrissCross’s parent company, Stitch Group. Financial terms were not disclosed. CASE STUDY | Why USDC Issuer, Circle, Acquired this Leading Asian Local Payments Platform CrissCross connects on-chain settlement infrastructure with local payment networks allowing businesses and financial institutions to collect, convert, and transfer money across African markets.
Source: BitKE
