Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments


In several countries throughout Africa, citizens are spending an average of 27 cents to top up their mobile airtime, and they’re using a crypto token to do it.

That might sound strange to many in the crypto industry, since the vision of today’s blockchains allowing the movement of millions of microtransactions across the globe has proven a challenging one to reach.

Yet, a South Africa startup, Wala, is proving that a little ingenuity and an effective embrace of a nascent technology can make cryptocurrency a better payment mechanism than any of the traditional options many citizens of African nations currently have.

“We really believe cryptocurrency is what is going to drive a financial revolution in Africa,” said Tricia Martinez, the CEO of Wala, which raised $1.2 million selling

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