Ghanaian startup Knapsac is leveraging DeFi Pools to provide lower risk funding to B2B2C players.
Knapsac has been formed by the founders of PayBox, which is driving innovation in cross-border payment and fund transfers across various African countries for SMEs.
The startup is bridging the liquidity gap for institutions. Players in the DeFi market are utilized to trading and investments, which are often risky. Knapsac is a marketplace to match these DeFi lconcludeing pools to credible institutions.
“The journey at PayBox revealed two challenges – ease of access to patient funding and the ability to ship rapid even as a lean startup,” declared Philip Boye-Doku, the startup’s CEO.
Knapsac has opened a private round for utility Token Generation Event.
Knapsac has already received sign-ups and interest from some major chains, and is also running a token sale. It is open to digital asset-friconcludely countries, and viewing to acquire a VAS license in the UAE.
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