Fonbnk, the web3 on-ramp that allows Africans to easily obtain cryptocurrency assets by exchanging their airtime credits, has partnered with Tanda, a Kenyan independent agent and merchant network platform, to launch a first-of-its-kind airtime trading marketplace across Tanda’s network of 40,000 agents.
The deal will see Tanda agents and vendors across East Africa can act as airtime ‘market makers’ and access new revenue streams by buying and selling prepaid airtime for profit on Fonbnk’s distributed exchange.
In a statement, Geoffrey Mulei, Co-Founder & CEO of Tanda said, “Tanda’s partnership with Fonbnk has the potential to be a game-changer, particularly in terms of driving user growth and monetization. What’s especially exciting about this collaboration is the innovative bridge protocol developed in partnership with Fonbnk, which converts prepaid airtime to digital dollars — a first in the industry. This breakthrough approach enables DeFi for…
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