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SeaX Ventures Invests in Koywe to be an Infrastructure to Connect Traditional and Crypto Financial World in Latin America
SeaX Ventures, a deep-tech venture capital firm dedicated to supporting innovative startups in their growth journeys across the globe, has announced an investment in Koywe, a B2B fintech startup focused on expanding financial inclusion and cryptocurrency adoption in Latin America.
Koywe aims to tackle the lack of access to financial services in the region by empowering fintech companies with the essential tools to harness the advantages of cryptocurrency. The startup delivers on/off crypto ramps for a variety of local currencies via seamless API integration, coupled with KYC solutions and adherence to local regulations. Koywe’s innovative approach allows fintech companies to swiftly and effortlessly incorporate cryptocurrency into their services, eliminating the need for developing their own blockchain infrastructure.
Dr. Kid Parchariyanon, Founder and Managing Partner of SeaX Ventures, stated, “Koywe’s solutions provide an efficient and cost-effective way for fintech companies to tap into the potential of cryptocurrency in the region. With this…
