Nigerian Fintech Afriex Has Raised $10 Million In Series A Funding
Fintech startup, Afriex has closed a $10 million Series A round to expand its blockchain money transfer platform. The company, valued at $60 million runs a money transfer system that utilizes blockchain to enable users to send funds by converting them into stablecoins, which are cryptocurrencies backed by reserve assets. This process makes the transaction free and quicker.
Launched in 2019, the startup founded by Tope Alabi and John Obirije had raised a $1.3 million seed round last May. The latest funding round was financed by Sequoia Capital China and Dragonfly Capital with participation from Goldentree, Stellar Foundation, and Exceptional Capital, among others.
Afriex launched amongst an explosion of fintech companies targeting underserved and often overlooked, consumers in Africa, said Forbes. Data from CB Insights found that more than $1.4 billion was invested into African fintech companies in 2021, a nearly 7x increase over 2020.
Read Also: Nigerian Startup Mono Secures $15m Series A Led by Tiger Global
Afriex processes more than $5 million in monthly transfers, Wise moves an average of £4 billion ($5.2 billion) a month for comparison, but Afriex has grown its customer base by 500% in the last six months with half of its active users using the platform more than once a week. The startup makes money by arbitraging the currency and crypto exchange rates when a customer transacts. Afriex declined to share its revenue. It raised a $1.3 million seed round last May and has just closed a $10 million Series A round at a $60 million valuation. The financing was coled by Sequoia Capital China and Dragonfly Capital with participation from Goldentree, Stellar Foundation and Exceptional Capital, among others.
The startup makes money by arbitraging the currency and crypto exchange rates when a customer transacts. Afriex declined to share its revenue.
While Afriex is currently just focused on its core money transfer product, Alabi has ambitious goals for the platform. He hopes to use it to launch a stablecoin and has already inked a partnership with Visa to offer Afriex users credit and debit cards later this year.
37 comments
Having read this I thought it was extremely informative.
I appreciate you finding the time and effort to put this content together.
I once again find myself spending a significant amount of time both reading and leaving comments.
But so what, it was still worthwhile!
Hello there, You have done an incredible job. I will
certainly digg it and personally suggest to my friends.
I’m sure they will be benefited from this website.
A reliable window repair company will provide you with
an estimate of how much the repair will cost and if
windows require to be repaired or replaced.
Feel free to surf to my blog Window.Repairs
The Hongkong Pools live draw is held everyday at 11:
45 PM Hongkong Time. The results are announced at midnight on the same
day. The official website has live streaming of all
drawings.
For those who want to play togel Hongkong, Data Hk Hari Ini hk ini is a good
choice. It contains the most recent togel news and information. This can be used to assist you in winning the game.
If you’re searching for an sex doll that’s authentic, you should read this Realdoll Review.
This doll is made from soft silicone and looks exactly like a real woman.
The data hk is one of the most important details to be used by togel players in hari ini.
The data hk is a source of the information terapan about togel as well as Keluaran hk hari ini information about
hari ini togel.
It is recommended to read reviews on sexual dolls prior to buying one for
your partner. They will only attempt to sell you their products.
They will not give you the facts and will not be honest until
they have bought them.
Also visit my web site – best Sex Doll Review
Togel Sgp Singapore is a very well-known form of gambling.
Toto can be played on your mobile device or even in person. Singaporepools is a reliable source of data.
Many sexdoll Realistic Sex doll Reviews have been published
on the internet. But how can you determine which one to buy?
There are comments of those who have bought sexually explicit
dolls.
If you want to play lottery you can play the lottery
through the website of Pengeluaran HK Malam Ini.
The website will show you the results of the keluaran hk lottery and
the data on the sgp.
If you have ever played online togel, you’ve probably heard of the Pengeluaran sgp lottery, or singapore pool.
However, you might be curious about the process of playing this game.
It’s the same as a traditional lottery, except
that the game is played online.
There are many reasons why you should consider buying an sex doll.
sexdollreviews.com will help you
pick the ideal one. The first thing to consider is
how important the delivery process is. Delivery is affected by a variety of aspects.
An electrician in consumer unit upgrades biggleswade is the best choice for
an emergency. These professionals are highly skilled and will fix the problem quickly and
safely. They also have the expertise and experience to follow the safety guidelines.
If you’re planning to buy a Sex Dolls Review doll for your girlfriend, be
sure to read reviews on sex dolls before you buy. Most of these sites
will try to sell you their wares.
Silicone sex doll reviews Doll is
one of the hottest industries, and is the leading technology and entertainment industry to the next generation.
A sex doll Ratings doll can be a perfect companion for men. These toys are affordable and offer a fun experience.
They can also help a man who is recently separated get sex.
Sex doll reviews Doll, a
French thriller, follows the young prostitute falling
in love with a mysterious stranger. It’s a slow-burningand stylized tale, however, the lack of
substance in it makes it a hard sell.
There are a variety of cryptocurrency gateways available.
CoinsBank, Bitpay, NOWPayments, and Spectrocoin are a few examples.
Some offer support for multiple currencies. Some support only a handful of cryptocurrency Payment gateway.
There are many different reasons to purchase the
sex doll, and sexdollreviews can aid you in finding the most suitable one.
Consider first how Crucial Things to keep in mind when Playing With Sex Dolls. the delivery process is.
There are a few aspects that impact the delivery.
Sex Doll reviews are important to steer clear of the frauds.
Although sex dolls aren’t toys, they’re still toys, and these websites may try to convince buyers
Is It Good To Have Real-Life Sex Dolls? – IDAustinArt purchase one on the basis of their
favorable ratings.
There are a lot of options to you if you’re looking for
a crypto payment gateway no Kyc payment service that is cryptocurrency that doesn’t require KYC.
There are a variety of options that include CoinPayments and PromptCash.
Below, we will discuss each of them in detail.
sex doll review Doll is a French thriller about the young prostitute
who is in love with an enigmatic stranger. It’s a slow-burningand stylized tale,
however, the lack of substance in it makes it a
hard sell.
A real Sex doll review toy doll is the perfect companion for males.
They are affordable and affordable, and will give you a pleasant experience.
They can also help a man who is newly separated to be sexually active.
To avoid fraud and avoid scams, you must be sure
to read Realistic Sex Dolls Review Doll
reviews. While sex dolls do not constitute toys,
they’re nonetheless toys. These websites could try to convince
that you buy one based on their positive reviews.
If you’re searching for a Have fun with Sex Doll and have a Pleasant Time – Holy Roller Austin doll that is authentic, you should read this review.
The sex doll is constructed of soft silicone , and appears as real-life women.
While you may be tempted to use your favorite gateway and Crypto Payment processor processor However, cryptocurrency transactions don’t need them.
To accept payments using the same currency, you can make use of a
cryptocurrency wallet.
A Silicone Sex Doll Review
doll can be a perfect companion for men. These toys are affordable and provide an enjoyable experience.
They are a great way to aid a man in having sexual relations after having been separated.
Sex Doll is one of the most popular industries and it’s driving entertainment and technology into the future.
Although some companies make a profit by selling fake products and then stealing money from their customers,
the best sex dolls reviews ones are legit.
There are many reasons to read sex love Doll review reviews, however there
are some common flaws that can cause your shopping experience to be
less than satisfying. One of the most common problems is that certain dolls are not
as realistic as they ought to be.
If you’re in search of an authentic way to enjoy sexual relations with your significant other, a realistic sexually
active doll is a good alternative. These toys are created
to satisfy the most intense desires of their owners.
Also visit my web site – Best rated sex Dolls
There are a variety of reasons you may want to buy an sexually explicit silicon Sex doll review.
sexdollreviews.com can assist you to pick the ideal one.
Consider the importance of delivery. Delivery can be affected by many factors.
Are you looking to accept crypto-based payments?
There are many options for merchants who wish to accept crypto payments.
There are Coinbase, BitPay, Shopify, and Verifone.
Learn more about how each platform works and how you can begin.
Check out my site; cryptocurrency payment gateway
There are numerous reasons to buy an sex doll and sexdollreviews could help you find the best one.
Consider first how crucial delivery is. There are many
aspects that impact delivery.
Feel free to visit my web-site :: sexdoll Reviews
A realistic best sex dolls Review toy can be extremely beneficial when you are looking to enjoy
a sexual experience with your partner. These
toys are made to satisfy the deepest desires.
Best Sex Dolls Review Doll reviews are important to
steer clear of the scams. While sex dolls are not toys,
they are nevertheless toys. Some websites could try to convince you to buy
one based on their favorable reviews.
I was just looking for this info for some time. After 6 hours of continuous Googleing, at last I got it in your website. I wonder what is the lack of Google strategy that do not rank this type of informative web sites in top of the list. Generally the top websites are full of garbage.
Comments are closed.