Blockchain-based fintech startup providing loans to micro and small businesses in emerging markets.
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Jia raised $4.3 million in seed funding, along with an additional $1 million commitment for on-chain liquidity. The funding round was led by TCG Crypto, with participation from BlockTower, Hashed Emergent, Saison Capital, Global Coin Research, and angel investors. Upon repayment, borrowers receive tokens that can be redeemed based on Jia’s profits. With the raised funds, Jia aims to strengthen its operations in Kenya and the Philippines before expanding into new markets in West Africa, Latin America, and Asia.
| Date | Round | Amount | Lead |
|---|---|---|---|
| May 22, 2023 | $4.3M |