Nigerian Web3 fintech, Yuki, has been accepted into the Blockchain Founders Group Adrenaline Program, a 12-week accelerator focused on rapidly scaling promising blockchain startups by providing access to over 100 top-tier mentors and partners.
According to Yuki, the accelerator will provide access to a number of resources and support that will help them to grow their business and achieve goals.
Launched in November 2022 by Nigerian invest-tech and robo-advisory startup, ComiBlock, Yuki gives African fintechs and neobanks APIs that make it easy to create and offer unique crypto solutions. For instance, any fintech could use Yuki to build a remittance service, stablecoin payments, crypto trading service, etc. in a week instead of months.
They don’t have to write any complex code or worry about compliance like getting licenses or AML.
Specifically, through the program, Yuki will be able to:
- Access up to €100k in funding
- Learn from experienced blockchain founders and mentors
- Gain access to a network of investors and partners
- Receive support in developing and executing their marketing and product development plans
In a press release shared with BitKE, Yuki said:
“Over the next 12 weeks, Yuki will leverage BFG’s vast expert network and resources to refine our offerings for custody solutions, wallet APIs, stablecoin applications, and more. Our goal is to streamline blockchain adoption across the continent.
Yuki’s acceptance into the Adrenaline Program is a positive sign for the African blockchain community. It shows that there is growing interest in African blockchain startups from the global blockchain industry.”
Back in May 2023, Yuki formed a partnership with Aladdin Digital, a neobank for small and medium businesses, in a move meant to bring digital assets to the forefront in Africa. According to Yuki, this ‘enables Aladdin’s community of over 75k users (including merchant accounts) to access digital assets and participate in the crypto ecosystem.’
By leveraging Yuki’s APIs, Aladdin could now seamlessly integrate self-custodial crypto services within their app, providing a simple and intuitive user experience.
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