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CBDC infrastructure provider Emtech has completed a $4 million financing round, led by Matrix Partners India.

2023-08-03 09:43
Odaily News - African Central Bank infrastructure provider Emtech has announced the completion of a $4 million seed round of financing, led by Matrix Partners India, with participation from BTN.vc, VestedWorld, Equity Alliance, and LoftyInc Capital. Emtech plans to further develop its CBDC stack and regulatory technology solutions.

Emtech's previous investors include Noemis Ventures, Octerra Capital, and 500 Global. To date, Emtech has raised a total of $10 million in funding. (Techcrunch)