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South African Bitcoin and crypto payments company in R7.2 million funding round

South African crypto payments provider MoneyBadger, which provides the systems Pick n Pay uses to accept Bitcoin, has closed a $400,000 (almost R7.2 million) pre-seed funding round.

The raise was led by P1 Ventures, a venture capital company with deep African fintech exposure, along with three angel investors who are also involved in the Bitcoin and crypto space.

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