Nigerian startup targets high cost of diaspora remittance with first ICO

by | December 19, 2017 11:05 am

SureRemit, a Nigerian-based remittance company, has launched the first ever initial coin offer (ICO)  aimed at crashing the high cost of sending money back home from outside the country and eliminating cash agents using cryptocurrency technology. An Initial Coin Offer (ICO) is cryptocurrencies’ equivalent of Initial Public Offer (IPO). It refers to an unregulated means by…

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