Jia, a blockchain-based lender for small businesses in emerging markets, has recently raised $4.3 million in seed funding. The company is looking to use this money to expand its services to more countries and to increase its customer base. Jia is a platform that provides small businesses in emerging markets with access to capital. It uses blockchain technology to provide a secure and transparent way for businesses to access loans. The platform also provides businesses with access to financial services such as payments, insurance, and savings. The company has already been successful in providing loans to small businesses in India, Mexico, and the Philippines.
With the new funding, Jia plans to expand its services to more countries and increase its customer base. The seed funding was led by Andreessen Horowitz, with participation from other investors such as Y Combinator, SV Angel, and Village Global. Jia is looking to revolutionize the way small businesses in emerging markets access capital. With the new funding, the company is well-positioned to expand its services and help more businesses access the capital they need.