Tingo (OTCQB: IWBB) recently announced a partnership with MELD, a DeFi non-custodial banking protocol for secure lending and borrowing of crypto and fiat currencies, in a bid to bring the protocol to customers in Africa. “Working within the framework of the United Nations’ SDGs and Environmental, Social and Corporate Governance (‘ESG’) impact investing, Tingo aims to be part of the solution for the African continent in several key areas — including food security — through the promotion of female entrepreneurship, financial inclusion, poverty alleviation and zero hunger,” reads a recent article. “With this unique partnership, Tingo hopes to make its own contribution to providing better opportunities for the continent by encouraging the $2 trillion crypto economy to invest in African farmers…. With the shared belief that it is important that everyone can gain control of their financial lives and have equal access to financial instruments available to professionals, Tingo and MELD appear committed to making a joint effort to bring financial freedom and individualized control to the masses, including the unbanked.”
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About Tingo Inc.
Tingo is a digital service agri-fintech technology company focused on foundation-level agriculture and related financial services in Africa. The company aims to be Africa’s leading agri-fintech player, transforming rural farming communities to connect through its proprietary platform to meet their complete needs – from inputs and agronomy to off-take and marketplace – and deliver sustainable income in an impactful way. The company’s vision is to build complete digitally inclusive ecosystems that promote financial inclusion and deliver disruptive microfinance solutions, empower societies, produce social upliftment in rural communities and open international opportunities. Additional information about the company can be found at www.TingoInc.com.
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