- Tingo announces partnership with MELD, a DeFi non-custodial banking protocol for secure lending and borrowing of crypto and fiat currencies
- Two companies share common commitment to bring financial freedom and inclusion to people
- Tingo aims to encourage the $2 trillion-dollar crypto-economy to invest in African farmers; partnership intends to explore DeFi solutions such as decentralized low-interest loans
Tingo International Holdings, a majority shareholder of Tingo (OTCQB: IWBB), a unique Africa-focused Agri-Fintech company, announces a new partnership with MELD in a bid to bring a highly efficient decentralized finance (“DeFi”) lending and borrowing protocol to customers in Africa (https://ccw.fm/TgAij).
Working within the framework of the United Nations’ SDGs and Environmental, Social and Corporate Governance (“ESG”) impact investing, Tingo aims to be part of the solution for the African continent in several key areas—including food security—through the promotion of female entrepreneurship, financial inclusion, poverty alleviation, and zero hunger. MELD claims to be driven by a similar vision within its own sector—to facilitate access to…
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