Fortune has smiled on Jamborow, a blockchain platform. Report reaching us at TechInAfrica is that the Nigerian startup has secured US$400K. The investment came from the startup’s shareholders.
Jamborow was founded in 2018 by three Nigerians, namely; Olusegun George, Moses Onitilo, and John Kamara.
Further, the report also indicated that the funds secured will help Jamborow to launch in a grand style in Nigeria and offer its numerous financial services to the unbanked.
Onitilo, one of the founders of Jamborow, is confident that the business will achieve its milestones. They have done extensive research by making a trip to various parts of the continent to be fully ready to deliver exceptional services.
Jamborow, according to its modus operandi, will be dealing with all major players existing in the financial ecosystem. These include banks, co-operatives, SME lenders, microfinance institutions, traditional savings groups, and others. This step will enable it to serve the ever-growing informal sector much better.