Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees

Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees

Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market, the fintech start-up, which uses the Celo blockchain, will use its platform to ensure payments reach the intended beneficiaries. Using the Blockchain Without the Internet

According to Kotani Pay’s recent post on Medium, the start-up’s partnership with RIO and Impact Market will also see non-smartphone holders benefitting. Commenting on this unique feature, Kotani Pay said: […]

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