# Canza Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/canza-finance

- Industry: Financial Services
- Headquarters: Lagos, Nigeria
- Website: www.canza.io
- Total disclosed funding: $3.3M
- Latest round: Seed (Feb 22, 2022)
- Investors on record: 10

## About

Based in Lagos, Nigeria, and founded in 2020 by Oyedeji Oluwoye (CEO), and Pascal Ntsama IV (CTO), Canza Finance, uses Web 3.0 assets, networks (blockchains), and services to provide financial services to the financially underserved masses in Africa and around the world. In February 2022, Canza Finance raised USD 3.27 million in seed funding led by new investor Fenbushi Capital, with participation from other new investors.  

Canza is a Neobank that distributes financial and transaction-based services including staking, peer-to-peer (P2P), and cross-border settlements, with the goal of helping to build an innovative and fully decentralized financial system to the masses through a strong network of skilled local money market actors.

The company intends to use the February 2022 funding to expand its service in Nigeria and other growth regions including Asia and South America.

## Funding rounds

- Seed, Feb 22, 2022, $3.3M — Fenbushi Capital, Protocol Labs, Inc., HashKey Capital, NGC Ventures, XanPool Limited, Bixin Ventures, MEXC Global Ltd., Dominance Ventures, ConsenSys Mesh, Emurgo Ventures

## Investors

- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed
- Protocol Labs, Inc. — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- XanPool Limited — Seed
- Bixin Ventures (https://capitalatlas.ai/funds/bixin-ventures) — Seed
- MEXC Global Ltd. — Seed
- Dominance Ventures (https://capitalatlas.ai/funds/dominance-ventures) — Seed
- ConsenSys Mesh (https://capitalatlas.ai/funds/consensys-mesh) — Seed
- Emurgo Ventures (https://capitalatlas.ai/funds/emurgo-ventures) — Seed