Following an infusion of $5M in funding from South African VC DafriGroup PLC, digital financial solution Dafri Bank Limited will continue the sales of its digital token with a new IEO on ProBit Global starting November 2, 2021.
With an end goal of expanding to a full-scale commercial bank to provide wide-scale financial services catered to African users, DafriBank currently expedites payments and remittances for a customer base spanning over 180 countries.
The borderless solution is currently exploring the highly ripe intersection between digital financial services with a modern approach to disruptive technology, namely cryptocurrency. DafriXchange provides a user-friendly onramp to cryptocurrency trading complemented by several markets and convenient trading options.
DBA tokens serve as payment currency for the entire ecosystem and will also be used for future DeFi and real estate services. Travelers can conveniently book luxury accommodations and flight reservations through OMAHA Hotels Ltd and the upcoming service DafriaAir.
ABOUT DIGITAL BANK OF AFRICA
DafriBank Digital LTD is a fully-fledged bank duly licensed and regulated by the Central Bank of Comoros Island and a member of the Mwali Banking Association of the Union of Comoros. The financial technology company is the largest digital entrepreneurs focused bank in Africa and is a flagship brand of the DafriGroup PLC, a public company incorporated in South Africa, UK, Botswana, Nigeria and Comoros Island.
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