The Coinbase-backed blockchain payment platform provider has secured $20m from investors as it unveils a remittance and peer-to-peer payments mobile app.

Celo, a US-based blockchain payment platform provider backed by cryptocurrency trading platform operator Coinbase, has raised $20m from investors including Andreessen Horowitz, Greenfield One and Electric Capital. The company has developed a decentralised payments platform based on blockchain technology and accessible through a mobile app. ┬áCelo said it has processed more than 2 million transactions…

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