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Jia raises $4.3m in Seed funding

Los Angeles based blockchain SME financing firm for emerging markets raised $4.3m in Seed funding led by TCG Crypto.

“The idea is to provide affordable financing for micro-businesses, and when they repay, they become owners by getting token rewards,” said Marks, Jia CEO and co-founder, adding that each token has a claim to a stream of revenues from Jia’s lending protocol.

Tags

micro businesses, micro financing, crypto, token rewards, em