Pendulum & GetPaid.Africa Unveil East Africa Fintech Alliance

Pendulum has partnered with GetPaid.Africa, a top African cryptocurrency payments company. This collaboration aims to modernize traditional financial infrastructure. GetPaid.Africa offers cryptocurrency on and off-ramp payment services for businesses and individuals in East Africa. The partnership will enable smooth on and off ramp connections between Pendulum’s DeFi network and East African currencies. This collaboration paves the way for new opportunities and economic growth in the region.

East Africa Embraces Blockchain

The collaboration between Pendulum and GetPaid.Africa brings a host of opportunities to users in East Africa, allowing them to leverage the advantages of blockchain technology and access the Pendulum network effortlessly. This partnership ensures a secure and reliable platform for managing and utilizing digital assets.

Furthermore, the alliance between Pendulum and GetPaid.Africa empowers Small and Medium Enterprises (SMEs) in East Africa by offering a user-friendly and secure on and off ramp for their digital assets. This access enables SMEs to harness the benefits of Pendulum blockchain technology, such as seamless trading, staking, earning yield, and facilitating cross-border payments.

“We are excited to partner with Pendulum to bring their secure and transparent blockchain-based platform to East Africa, providing users with an easy and secure way to access and use the Pendulum network,” said Rick Groothuizen, CEO of GetPaid.Africa.

“DeFi for SMEs” Event Series

Next week, an exciting series of off-chain discussions and meetups will unfold in Dar es Salaam and Zanzibar to showcase the dynamic partnership between Pendulum and GetPaid.Africa. The event, titled “Decentralized Finance for SMEs: Leveraging Stablecoins on Polkadot,” aims to enlighten a wide audience on the partnership’s potential.

Head of Business Development at Pendulum, Liran Aloni, and GetPaid.Africa CEO, Rick Groothuizen, will provide valuable insights into the latest DeFi advancements, while attendees can network with the vibrant crypto community. The primary objective of this meetup is to educate SMEs and crypto enthusiasts about the latest developments in decentralized finance, focusing on Polkadot and stablecoins.

Participants will delve into the potential use cases for SMEs and discover GetPaid.Africa’s new TZS settlement coin. Join us to navigate the ever-evolving landscape of blockchain technology and seize the opportunities it presents. Discover more about the event on the 21st March 2023 here, and find details about the 23rd’s gathering here. If you are in the area you are welcome to join us!

Summary

The collaboration between Pendulum and GetPaid.Africa is set to create a wealth of opportunities and use cases for East African currencies. As Pendulum accelerates its mission to enhance global financial inclusion, similar partnerships are expected to emerge worldwide. Stay up-to-date with the latest developments by joining the Pendulum community on social media, where you can engage in conversations about bridging the gap between Forex and the DeFi world. Your participation is greatly valued!

About GetPaid.Africa

GetPaid.Africa is an African cryptocurrency company that provides individuals and SMEs with cryptocurrency on and off-ramp payment services for African currencies and a Pan-African cryptocurrency wallet.

About Pendulum

Building the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain based on Polkadot’s Substrate. Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities. Developed by SatoshiPay.

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