Cross Border Payment Startups in Africa
Overview Powered by AI
Cross-border payment market in West Africa is heating up, with Thunes and Cleva making waves. Local business leaders are excited about the potential for faster, cheaper, and more convenient payments. However, challenges remain, including regulatory barriers and infrastructure limitations. Key players are collaborating with banks and mobile money providers to overcome these hurdles and drive adoption.
Cummulative Funding
$203.5M+
Total # of Companies
2
Total Deal Count
6
Total M&A Count
0
Total # of Investors
21
List of Cross Border Payment startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Thunes is a B2B company that powers payments for the world’s fastest-growing businesses. | Series C | $ 202,000,000 | 2016 | |
Cleva is a Nigerian USD banking platform for emerging markets, starting with Africa. | Pre-seed | $ 1,500,000 | 2023 |
Founded
2016
Overview
Thunes is a B2B company that powers payments for the world’s fastest-growing businesses.
Last round
Series C
Total raised
$ 202,000,000
Employee
201-500
Founded
2023
Overview
Cleva is a Nigerian USD banking platform for emerging markets, starting with Africa.
Last round
Pre-seed
Total raised
$ 1,500,000
Employee
11-50