Checker Raises Sh1.04bn to Scale Stablecoin Network in African Markets

NAIROBI, Kenya, May 20-Global digital asset infrastructure network Checker has raised $8 million (Sh1.04 billion) in fresh funding as it seeks to simplify Kenya breaking news | Kenya news today |..

✨ Key Highlights

Global digital asset infrastructure network Checker has secured $8 million (Sh1.04 billion) in a funding round led by Al Mada Ventures to expand its stablecoin network in emerging markets.

Raised $8 million (Sh1.04 billion) to simplify stablecoin liquidity access and cross-border payments.
Led by Al Mada Ventures, with participation from Galaxy Ventures and Framework Ventures.
Will support expansion across Africa, Latin America, and Asia, addressing costly traditional banking channels.

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