Celo Camp, a startup incubator hosted by the payment network Celo, selects Taiwan team Cappuu.

Celo, aimed at developing a global open payment network, boasts a prestigious list of alliance members: a16z, Polychain Capital, Coinbase, and other well-known institutions are part of it. The Celo Camp program launched by Celo is designed to help global startups market their ideas within eight weeks and offers a chance to win a prize of 30,000 cUSD (Celo's USD stablecoin).

Taiwanese Startup Cappuu Selected!

Notably, the team from Taiwan, Cappuu, participated in the second edition of Celo Camp on October 5th, becoming the first representative from Taiwan. Cappuu aims to collaborate with Celo to promote the adoption of stablecoins pegged to the U.S. dollar and provide better decentralized finance (DeFi) services, while also showcasing Taiwan's innovative FinTech capabilities to the international community.

Complete list of selected teams:

1. Biscoint DollarSave Brazil: An app that gamifies savings using Celo stablecoins
2. Bolsa Cripto Brazil, Canada, Estonia, etc.: Enables Brazilians to access digital assets
3. Cappuu Taiwan: A user-friendly, low-fee, and secure DeFi investment platform
4. DAOFAB Singapore: Software service for compliant institutions to transition between CeFi and DeFi investments
5. El Dorado Estonia: Offers digital USD deposits and peer-to-peer transfers for the unbanked
6. Havuta South Korea: Platform for collecting data for developers
7. Kite Financial Nigeria: Provides a sound financial environment for individuals and businesses in Africa through DeFi
8. Leaf Global Fintech Rwanda, USA: Offers financial services to the unbanked using blockchain without the need for smartphones
9. MeldX USA: Establishes a new fundraising model by connecting small investors and businesses
10. Moola USA: Builds credit scores through on-chain data
11. Paychant Nigeria: Cryptocurrency payment solution directly linked to bank accounts
12. Paysail USA: Provides a grassroots change approach for business invoicing, making it easier and real-time
13. ReSource Network Guatemala, Slovakia, Israel, Ukraine, USA: Resource-backed trust stablecoin protocol and e-commerce applications
14. Ribon Brazil: Enhances institutional donations by integrating large and small donors
15. Syndy Germany: Enables creators on social networks to earn advertising revenue
16. Tegger Mexico: Allows consumers to choose which personal data to share for rewards
17. UniPeer India: On-chain and off-chain solution for fiat-to-cryptocurrency exchanges
18. WOM Protocol Singapore: Marketing technology solution