South African fintech startup Ezeebit raises $2.5 million in seed funding, led by Raba Partnership

South African fintech startup Ezeebit has raised $2.5 million in seed funding, led by Raba Partnership, with participation from Founder Collective, Terry Angelos, Anton Katz, Nadir Khamissa, David De Picciotto, and Chris Harmse.

Ezeebit is a financial services provider and crypto asset service provider regulated by the FSCA. Ezeebit's CEO and co-founder Daniel Katz stated, "This investment will support Ezeebit's stablecoin settlement layer," which connects decentralized and traditional finance in a compliant manner.