Nuzo is Africa’s first eCommerce marketplace where buyers and sellers earn crypto rewards when they shop and pay with Nuzo. Payments with Nuzo are 90% cheaper than industry-leading payment systems. Nuzo users can redeem their Nuzo Coin rewards for discounts, bill pay, Celo Dollars, or to protect their savings from inflation with up to 30% staking yield.
Launched in mid-2022, Nuzo has attracted over 150,000 users in Kenya and is growing 40% month-over-month.
Chandaria Capital has provided relevant market-specific strategic advisory and connected Nuzo to leading Africa-focused investors.
Founders: Charles Nichols
Year Founded: 2022