Vision and Mission

Vision

To build the world’s largest neoBank for SMEs, leveraging Web 3.0 and DeFi technologies to unlock financial access.

Mission

To render financial services universally accessible to SMEs in emerging markets, creating inclusive economic growth.

Challenges Addressed

1. Ease of Access

Financial inclusion remains a significant challenge, particularly in emerging markets where 3 out of 4 adults in rural areas lack access to formal financial services, according to the Global Partnership for Financial Inclusion. In Africa, nearly 200 million people are excluded from financial systems despite having access to mobile phones, highlighting a gap in leveraging existing infrastructure for financial access. Additionally, the United Nations estimates that less than 25% of adults in these regions use digital financial services regularly due to barriers such as low literacy and complex interfaces. Canza Finance addresses these challenges by utilizing mobile numbers as identity proxies, simplifying the onboarding process, and making decentralized finance (DeFi) accessible to even the most underserved populations. This approach ensures that financial systems are designed to meet users where they are, rather than expecting users to adapt to traditional systems.

2. FX Liquidity

In emerging markets, foreign exchange (FX) volatility is a pervasive issue, with average currency depreciation rates exceeding 15% annually in some regions, such as Sub-Saharan Africa. The International Monetary Fund (IMF) reports that currency shortages have led to black-market rates that are often 30–40% higher than official rates, creating significant economic distortions. Furthermore, cross-border payment systems in Africa cost, on average, 8.2% per transaction, one of the highest rates globally. This impacts businesses, particularly SMEs, which account for 70% of Africa’s employment and heavily rely on cross-border trade. Canza Finance’s infinite liquidity protocol addresses these issues by enabling users to trade at official rates while shielding them from volatility and market inefficiencies. This provides a reliable and cost-effective FX solution, empowering businesses to grow and improving financial stability in the region.

3. Real-World Asset Integration

The global market for tokenized real-world assets (RWAs) is projected to exceed $16 trillion by 2030, yet access to these opportunities is heavily skewed toward developed economies. In emerging markets, less than 10% of the population has access to traditional investment opportunities, such as real estate or fixed-income assets, due to high entry costs and limited financial infrastructure. Additionally, the World Bank estimates that $3 trillion in real assets, including housing and land, remain underutilized in Sub-Saharan Africa alone. Canza Finance bridges this gap by introducing tokenized RWAs, enabling users to invest in these assets with minimal capital and providing a transparent, efficient, and secure platform. By doing so, Canza empowers individuals to diversify their portfolios and creates pathways for global investors to access high-potential but traditionally illiquid markets.