Canza Finance was selected into the Web3 startup accelerator project CMC Labs, with a total financing of US$5.5 million

PANews reported on April 30 that Nigerian blockchain financial company Canza Financ was selected by CMC Labs, a Web3 startup accelerator project launched by CoinMarketCap, a cryptocurrency market data and analysis platform, at the end of last year. It aims to provide support for the next generation of Web3 founders, including: social channels, airdrops, infographics, partner networks, data infographics analysis, etc.

Canza Finance is an emerging bank based in Nigeria that provides financial services to the public through DeFi and local currency trading markets. At the beginning of this year, Canza Finance completed a $2.3 million financing led by Polychain, with participation from ProtocolLabs, AvaLabs, 99 Capital, etc.; in March 2022, Canza Finance completed a $3.27 million seed round of financing, led by Distributed Capital, with participation from Dominance Ventures, Bixin Ventures, etc.