Abela is a South African startup founded in 2020, with a focus on offering first-time access to digital financial services. The company's slogan, "Offering first-time access to digital financial services," reflects its commitment to providing accessible and inclusive financial solutions. Abela.app operates as a QR-enabled payments platform, providing users with the ability to earn, spend, and save money through their cellphones. The startup operates within the Finance, Financial Services, and Payments industries, positioning itself at the intersection of technology and finance in an increasingly digital world. Notably, the company secured a ZAR94.02K grant investment from The World Bank on 10 July 2023, underscoring its potential for growth and impact. Abela's innovative approach to democratizing access to financial services makes it a compelling prospect for investors seeking transformative solutions in the fintech space.
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