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Congo-born Chinese Siblings Raise $7.5 Million to Build Crypto-Powered Super App of Africa

by Eric Olander

The Congo-based cryptocurrency & blockchain (aka web3) start-up raised $7.5 million in seed funding. The company was founded by James Zhang and his sister, also born in the Congo, who saw the opportunity for blockchain-enabled applications in the gaming and education sectors that are becoming increasingly popular in Southeast Asia.

Jambo plans to use the new funds to launch the first iteration of its new super app later this fall that’s now in development by a 60-member team spread across sub-Saharan Africa, Silicon Valley, and Shenzhen.

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