Storspay, a Nigerian fintech startup, has raised $320,000 in funding and has been selected to participate in the Techstars NYC accelerator program. Storspay has created a decentralized retail lending infrastructure platform for the internet, connecting retail investors with small businesses globally that require more affordable capital to grow their businesses. The startup aims to improve financial wellbeing for business owners worldwide by providing a decentralised lending infrastructure for the internet that enables them to exchange capital across borders instantly and securely to finance working capital inventory. The funding will help Storspay scale its platform and expand its mission of enabling economic well-being for everyday people across the world.
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