According to Telcoin a blockchain start-up based in Japan, aimed at promoting financial inclusion through the blockchain announced on Twitter her partnership with Jumia.
Telcoin is excited to announce a partnership with Jumia, a leading online e-commerce marketplace accessible in 15 African countries. The partnership will seek to increase the volume of goods and services purchased on the Jumia platform in Africa. #Cryptonews9ja #JumiaTelcoin – as quoted by@Telcoin
Telcoin is a mobile cryptocurrency solution focused on connecting with mobile networks globally, enabling easy conversion between telecom mobile money, prepaid credit, and post-paid billing platforms. Using its cryptocurrency, Telcoin plans to leverage on the existing mobile network providers, to provide people access to essential financial services such as online remittances, payments, and e-commerce.
The blockchain start-up posted another tweet to further confirm the partnership with Jumia citing that plans to improve the volume of goods and services purchased will commence in Nigeria.
Telcoin new partnership with @JumiaNigeria , a leading online e-commerce marketplace accessible in 15 African countries, to commence in Nigeria, will seek to increase the volume of goods and services purchased on the Jumia platform.
— Telcoin (@telcoin_team)November 26, 2018
Jumia’s new partnership with Telcoin could come as big boost for the cryptocurrency space in Africa. As the retail market will bring the much-needed impact and cause a wider crypto adoption as a form of payment aithwi continent.
The Telcoin team consist of experienced individuals who have held the top post in companies like Etisalat (now known as 9 Mobile), TenX Pay, MasterCard, Goldman Sachs, and Citibank.