Cross Border Remittances Startups in Africa

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Cross-border remittances are a lifeline for many West Africans, but the industry is ripe for disruption. TerraPay and others are making inroads, but local business leaders are skeptical. They want lower fees, faster transfer times, and more transparency. The incumbents have a strong hold on the market, but the challengers are gaining ground. It's a dynamic space to watch.

Cummulative Funding

$248.4M+

Total # of Companies

1

Total Deal Count

8

Total M&A Count

0

Total # of Investors

11

List of Cross Border Remittances startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network.

Debt Financing

$ 248,400,000

2014

TerraPay

Founded

2014

Overview

TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network.

Last round

Debt Financing

Total raised

$ 248,400,000

Employee

501-1,000

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