Company type | Privately held company |
---|---|
Industry | Financial services |
Founded | 2021 |
Founders |
|
Area served | Africa (Nigeria, Kenya) |
Key people | Chi Nnadi (CEO) |
Products | Cryptocurrency exchange, cryptocurrencies |
Number of employees | 51 - 200 (2022) |
Website | https://www.coinmara.com/ |
Mara is a pan-African financial technology, cryptocurrency, blockchain, and cryptoeconomy company. [1] [2] [3] [4]
Mara was founded in 2021 by Chi Nnadi, Lucas Llinás Múnera, and Dearg OBartuin. [1] [5] [6] The Mara executive team is led by Chi Nnadi (Co-Founder and CEO), Dearg OBartuin, and Yana Afanasieva, and joined by board advisors Kojo Annan and Tatiana Koffman. [7] [8] [9] Mara announced its entry into Nigeria and Kenya in May 2022. [10]
In May 2022, Mara also announced $23 million in funding from Coinbase Ventures, Distributed Global, TQ Ventures, DIGITAL, Nexo, Huobi Ventures, Day One Ventures, Infinite Capital, DAO Jones, and nearly 100 other crypto investors. [10]
In May 2022, Mara was also named crypto partner of the Central African Republic and adviser to her president on crypto strategy and planning. [10] [11]
In October 2022, Mara announced the launch of their flagship product, Mara Wallet, which enables users to buy, sell, hold, and transfer crypto-assets. [1] [2]
In September 2022, Mara Foundation partnered with Circle to organize a roadshow and hackathon aimed at increasing awareness of the potential of stablecoins and blockchain adoption as well as at educating developers and non-developers across Africa. [12] [13]
In October 2022, the Ghana Football Association announced Mara as an official sponsor of the Black Stars of Ghana ahead of the FIFA World Cup Qatar 2022. [14]
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