Profile
Corporate information
Registration country
Investment activity status
Active investor
Company type
Platform that provides instant, zero-fee transfers to Africans at home and in the diaspora.Overview
Afriex makes it easy for immigrants to send money home. We use stablecoins to offer the fastest and cheapest remittance service to over 30 countries around the world.
Team
Current employees
![[node:title] photo](/sites/default/files/styles/icon/public/default_images/icon-person.png?itok=8SSzz6Wf "[node:title] photo"){kind=icon}
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Tope Alabi | founder | |
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John Obirije | founder |
Funding
Funding rounds
Seed USD 1,200,000
USD 1,200,000 (22 Mar 2021)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
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Launch Africa | Mauritius | Initial investment. Led the round. | |
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Future Africa | United States | Initial investment. Round participant. | |
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Internet Holding SAPI de CV | Initial investment. Round participant. | ||
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Mandela Schumacher-Hodge Dixon | Initial investment. Round participant. | ||
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Precursor Ventures | Seed stage venture capital firm. | United States | Initial investment. Round participant. |
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Processus Capital | Initial investment. Round participant. | ||
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Russell Smith | Initial investment. Round participant. | ||
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SB Opportunity Fund LLC | Venture fund dedicated to supporting and building a community of outstanding Black, Latinx and Native American founders. | Initial investment. Round participant. | |
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Uncommon Ventures | West Africa based venture studio building companies at the intersection of art and commerce. | Senegal | Initial investment. Round participant. |
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Y Combinator | American technology startup accelerator. | United States | Follow-on investment. Round participant. |
Seed USD 125,000
USD 125,000 (25 Aug 2020)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Y Combinator | American technology startup accelerator. | United States | Initial investment. Led the round. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
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Future Africa |
hello@future.africa |
Seed |
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Internet Holding SAPI de CV |
Seed | |
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Launch Africa |
Seed | |
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Mandela Schumacher-Hodge Dixon |
Seed | |
|
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Precursor Ventures Seed stage venture capital firm. |
+1 (650) 249-0905 |
Seed |
|
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Processus Capital |
Seed | |
|
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SB Opportunity Fund LLC Venture fund dedicated to supporting and building a community of outstanding Black, Latinx and Native American founders. |
Seed | |
|
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Uncommon Ventures West Africa based venture studio building companies at the intersection of art and commerce. |
Seed | |
|
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Y Combinator American technology startup accelerator. |
Seed |