South African cryptocurrency transfer platform Xago gets new funds »CryptoNinjas
Xia Ge, one South African cryptocurrency The fintech company, which focuses on all-round remittance methods, announced that it has raised more funds from shareholders to continue its growth trajectory by expanding all aspects of its business.
Cryptocurrency exchanges, e-commerce platforms, financial institutions, retailers, business owners, and individuals work with Xago to deploy efficient and cost-effective cross-border capital flows in seconds.
By using the stable currency XZR and XRP ledgers that are 1:1 linked to the South African Rand, Xago minimizes the risk of currency exchange rate fluctuations when transactions occur, and charges only minimal fees compared to other remittance companies.
“Since the last round of financing in September last year, Xago’s revenue has increased by more than 400%, and the first four months of this year have increased by more than 700% compared to the four months in the same period of 2020. Provide excellent customer service and work closely with global strategies The cooperation of partners puts Xago in a unique position to continue to rapidly provide agile, highly secure, fully compliant and cost-effective solutions.”
– Mark Chirnside, CEO and co-founder of Xago