Damex has launched its own venture capital company, Inclusion Ventures, focusing on investing in companies that complement the Damex token ecosystem, primarily engaged in global financial inclusivity and/or physical and mental health inclusivity.

DamexCEO Sam Buxton stated:

I am very excited about the development of this part of the business. As experienced entrepreneurs in digital currencies and third-party payments, we have the strength to discover strong opportunities. We have made four investments in enterprises that fill the Damex token ecosystem, and we are extremely proud to announce some of these investments before the release of Damex tokens on April 19th

Inclusive Independent Entrepreneurship Co., Ltd. announced its first two investments this week. Minority equity investment in Koywe, a digital currency company focused on Latin America, while majority equity investment in Tu Progreso, a loan company focused on Latin America, has successfully issued over 2000 loans in separate sales markets.

Origin: Damex

Bacchus released the following comments:

Last year, everyone met with the Koywe Elite team at the Bogor Conference in Australia, and immediately learned that Koywe had solved the problem. This was a huge challenge. Koywe was the first company to focus on expanding currency/data encryption infrastructure on all the uphill/downhill roads in Latin America. This did not exist at all, and has always been a challenge for large and medium-sized financial wealth management companies in the region to achieve with a single delivery solution Question. Everyone won the initial allocation of the Koywe seed round, and Y Combinator subsequently invested in it. According to Koywe, Damex will launch its application software and Damex token application tool in La Yanque next year, with our initial overall target for the Latin American industry being Spain, Australia, Chile, and Bolivia. We also met with the CEO of Tu Progreso at the Bogor conference, and her basic knowledge in the loan industry and the Latin American sales market left a deep impression on me. We have made a lot of investments in Tu Progreso as a market starting point and also as the first step towards borrowing as a service. We plan to market and promote it to our Damex application software products in the future. Everyone is looking forward to establishing more Damex token utilities around their future loan business

Origin: Damex

Damex Group has once again broken through its boundaries, with over 10000 thoroughly tested customers in the retail application software recently launched in the European Economic Area and the UK three weeks after its launch. Expected to be launched today in San Marino, abroad, Spain, Australia, Bolivia, and Chile.

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