Luno co-founder’s MoneyBadger raises $400,000 pre-seed
- MoneyBadger raised $400,000 in a pre-seed funding round to scale its Bitcoin payment infrastructure.
- The startup is integrated into over 1,600 retail outlets, including supermarkets and fashion stores.
- Pick n Pay debuted crypto payments in February 2023, seeking to embed Bitcoin payments at checkout.
The emergence of MoneyBadger and its successful funding round demonstrates a significant shift towards the adoption of cryptocurrency in retail, particularly in South Africa. This trend could reshape payment methods and consumer behavior, making it essential for businesses to adapt to the evolving landscape of digital transactions.
