Today we are honored to announce our new partner — Xend Finance, the first decentralized finance (DeFi) company to launch out of Africa, which provides a platform and tools for people and companies to create credit unions and access DeFi investment opportunities, regardless of their geographic location and the home country currency.
This strategic partnership is nothing but good news for the Raze community in that it not only enables us to implement privacy-preserving functionality for Xend Finance users but allows us to explore different and innovative ways to expand anonymous payment and safe investing methods with our partner.
We believe it will represent a path for both projects to solidify their positions in the DeFi ecosystem and blockchain at-large through exploring innovative and synergetic business models.
This partnership will also include some further exciting initiatives that include exploration of generating High-interest savings rates, access to loans with flexible repayment and terms, membership management, and assets and investments protection.
Raze Network can once again enjoy a bigger exposure on its vision and brand by partnering up with Xend Finance who is widely acclaimed as Africa’s first decentralized finance (DeFi) platform that allows users to save and invest in stable currencies in the global market without the need for a traditional middle man in the country.
We are extremely pleased to work earnestly on this partnership and can’t wait to grow both ecosystems hand-in-hand.
About Xend Finance
Xend Finance is the fastest growing blockchain startup in Africa that has launched the first decentralised finance (DeFi) platform that allows users to save and invest in stable currencies in the global market without the need for a traditional middle man in the country. The company is backed by Binance and Google Launchpad, amongst others.
Contact Xend Finance
About Raze Network
Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.