Startup XRP Healthcare, founded by Kain Roomes and his father Laban Roomes, is going public on the TSX Venture Exchange in Canada.
Company Overview
XRP Healthcare was established to modernize healthcare in Africa, utilizing cryptocurrency tools and artificial intelligence. The company runs a digital health platform and a network of pharmacies in Uganda.
Startup Goals and Plans
Laban Roomes highlighted that access to medication in Uganda is not as reliable as in the West. The startup aims to purchase and upgrade pharmacies in Uganda, having already acquired seven locations to create a unified system.
Future Prospects and Valuations
The listing is expected to value the company at 16 million Canadian dollars. Kain Roomes emphasized their goal for transparency and responsible growth. XRP Healthcare plans to expand into Rwanda and Kenya.
In conclusion, XRP Healthcare aims to enhance medical service accessibility in Africa by expanding its pharmacy network and leveraging modern technology.
