FinTech news in Amazon Web Services category

The company purchased education startup ChainShot, which runs coding bootcamps for aspiring web3 developers, Alchemy co-founder and CEO Nikil Viswanathan told journalist exclusively. Once rolled up into Alchemy, ChainShot will join the crypto infrastructure company’s two other education-related properties, self-paced coding programs Web3 U and Road to Web3. McCabe, who was inspired to found ChainShot after going through a coding bootcamp himself, said the company was bootstrapped before Alchemy bought it. In addition to the founders’ personal capital, which McCabe said included funds formerly in his 401(k), ChainShot covered its costs largely through grants available through its connection to the Ethereum ecosystem as well as through web3 crowdfunding platform Gitcoin.

Wagner also noted that the company recently launched a new product line around CRM data sharing and since the company is seeing a lot of traction around its file-sharing capabilities, it is also investing in that as well.

Integration with payment providers in sub-Saharan Africa (mainly serving Nigeria, Kenya and South Africa) like Yoco, Paystack and Flutterwave will follow suit, said the chief executive, without giving specifics about when it would roll out the product for the region.