Xend Finance, the first African DeFi credit union platform, recently launched on the Binance Smart Chain (BSC) while also raising over $2 million dollars.
The product allows users to create their own credit unions and cooperatives, essentially cutting off traditional middlemen while also offfering high yearly percentage yields on their savings.
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BitKE spoke to Ugochukwu Aronu, CEO, Xend Finance, to discuss this innovative DeFi product and the company’s vision for the future.
In this podcast, Aronu discusses the following:
- An introduction to Xend Finance
- An overview of the Xend token
- The Xend token use cases within the ecosystem
- Why Xend Finance runs on the Binance Smart Chain (BSC)
- The secret behind Xend Finance customer service as highlighted by Google
- Future of blockchain development in Africa
- Advice to African entrepreneurs
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RECOMMENDED READING: Google Shines a Spotlight on Xend, the African DeFi Project, by Highlighting its Offline Capabilities and Great Customer Service
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