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Jambo and Lif3 Partner to Make Crypto Payments Accessible to Millions in Emerging Markets

Jambo, a leading builder of web3 mobile infrastructure, today announced its partnership with Lif3, the revolutionary omni-chain DeFi Layer-1 ecosystem, to offer millions of Jambo phone users in ove...

Jambo, a leading builder of web3 mobile infrastructure,today announced its partnership with Lif3, the revolutionary omni-chain DeFiLayer-1 ecosystem, to offer millions of Jambo phone users in over 120countries, with easier access to peer-to-peer crypto payments through the Lif3mobile app.

Founded by serial entrepreneur and web3 investor Harry Yeh,Lif3’s strategic collaboration merges its innovative DeFi ecosystem withJambo’s expertise in mobile technology tailored for emerging economies,facilitating developing countries’ access to the world’s financial market.

Emerging markets face unique challenges that requireinnovative solutions for real problems. In regions like Africa, where 57% ofthe ~1.5bn population remains unbanked and 50% without access to a smartphone,the collaboration between Jambo and Lif3 is designed to address these issues byproviding secure, user-friendly access to real-time crypto payments.

This initiative will empower millions by facilitatingenhanced connectivity, improved security, and streamlined access to digitalfinancial services. Additionally, the Lif3 mobile app will be pre-installed onthe JamboPhone, complemented by quests and educational programs to help usersfamiliarize themselves with the new technology while earning rewards.

Speaking about the partnership, Harry Yeh, ManagingDirector of Quantum FinTech Group, said, “Lif3 is committed to unlockingfinancial opportunities for everyone, everywhere. By partnering with Jambo,we’re simplifying access to decentralized financial solutions, including cryptopayments and AI-integrated solutions. This is a pivotal step toward bridgingeconomic gaps and transforming lives in emerging markets.” Adding to this,James Zhang, co-founder of Jambo said, “In many regions across emergingmarkets, an entire family shares one smartphone and a family member can onlyuse it for a few hours a day. Owning a JamboPhone opens up newpossibilities–like discovering a new life. By embedding Lif3 directly withinthe Jambo ecosystem, we're making it easier than ever for users in emergingmarkets to safely and efficiently engage with the digital economy. Theintegration of Lif3 into the JamboPhone is a game-changer for crypto payments,opening new pathways to economic participation that were previouslyunimaginable.”

The partnership will feature pre-installed Lif3 apps on allJamboPhones globally, allowing users to get their crypto wallet instantaneouslyand engage in a host of DeFi features integrated within the Lif3 ecosystem. Theinitiative also plans to include educational programs to assist new users innavigating the web3 space safely and becoming savvy digital citizens.

The Jambo and Lif3 collaboration not only enhances access todigital technologies but also paves the way for financial inclusion in regionswhere traditional banking has been out of reach. This initiative directlytargets the gap in financial services, aiming to bring the unbanked into theeconomic fold and ignite economic growth from the ground up.

About Jambo

Jambo (https://jambophone.xyz/) – The Most GloballyDistributed DePIN Smartphone. Jambo's vision is to bring emerging marketson-chain through building the largest web3 mobile infrastructure network. Jambois backed by investors globally, including Paradigm, Tiger Global, Pantera, Delphiand more.

Jambo is onboarding the next billion users to web3 with theJamboPhone 2, a premiere web3 Android smartphone starting at only $99 preloadedwith the world of web3 at their fingertips. The Jambo Ecosystem is preinstalledon the phone and features web3 mobile games, wallets, payment infrastructure,and more.

About Lif3

Lif3.com is revolutionizing the blockchain industry with itsomni-chain DeFi ecosystem and curated Layer-1 blockchain. The self-custody Lif3Wallet, available on the App Store and Google Play, empowers users by unlockingthe full potential of Web3, transforming consumer DeFi, Gaming, iGaming, music,entertainment, and more. $LIF3 is currently listed on Bitfinex, Bitmart, andMEXC.

About Quantum Fintech Group

Quantum Fintech Group is a private investmentgroup founded in 2020, and is focused on providing superior returns in thealternative asset space focusing specifically on blockchain investments.

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