Algorand Foundation announces strategic investment in digital payments platform HesabPay
December 2nd, 2023

The Algorand Foundation announces Algorand Ventures’ strategic investment in HesabPay. It is reported that HesabPay is Afghanistan's first and only interoperable digital payment platform. The platform was originally established to solve the humanitarian aid crisis. More than a dozen organizations, including the World Food Program, have leveraged the platform to directly Send funds to beneficiaries in Afghanistan. HesabPay has since expanded its use cases and now allows users to buy airtime, pay electricity bills and send digital funds to other users.

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