Founded
31 Dec 2016
Website
VCID: 583241
Profile
Corporate information
Registration country
Registration country
Investment activity status
Active investor
Company type
Provider of basic financial services such as money transfers, bill payments and cash withdrawals to underbanked and unbanked Nigerians.Funding
Funding rounds
Series A USD 5,000,000
USD 5,000,000 (4 Apr 2019)
Funding to expand team, grow network of agents across Nigeria, and launch other financial services in partnership with banks and other fintechs.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Partech Africa Fund | Africa-focused private equity fund launched by Partech in January 2018. | Led the round. | |
|
Michael Seibel | Round participant. | ||
|
Khosla Ventures | Venture capital firm founded by Vinod Khosla. | United States | Follow-on investment. Round participant. |
|
Y Combinator | American technology startup accelerator. | United States | Follow-on investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Khosla Ventures Venture capital firm founded by Vinod Khosla. |
+1 (650) 376-8500 |
Series A |
|
|
Michael Seibel |
Series A | |
|
|
Partech Africa Fund Africa-focused private equity fund launched by Partech in January 2018. |
Series A | |
|
|
Y Combinator American technology startup accelerator. |
Series A |