Crypto payments startup MoneyBadger has secured a $400,000 (R7 million) pre-seed funding round to accelerate the adoption of its Bitcoin payment infrastructure across Africa. The round, led by P1 Ventures and supported by crypto-native angel investors, includes a portion of the capital deployed directly in Bitcoin highlighting deep industry confidence.
source:techcabal
Co-founded by Carel van Wyk, known for co-founding Luno, and Carl Kritzinger, MoneyBadger is emerging from stealth with an ambitious footprint. The startup has already integrated its technology into over 1,600 retail locations, including supermarkets, fashion outlets, and convenience chains, enabling everyday Bitcoin transactions.
Bridging Crypto and Commerce
With this new funding, MoneyBadger plans to scale its merchant adoption, deepen infrastructure capabilities, and expand its presence across the continent. The company's mission is clear: make crypto payments accessible and practical for both retailers and consumers.
As Bitcoin continues to gain traction across emerging markets, MoneyBadger is positioning itself as a critical player in the financial evolution of Africa.
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