Industry: fintech
Sentiment: Positive
Total Articles: 2
Last Article: 2025-02-11 08:00:38+00:00
Lagos-based fintech Raenest has raised $11 million in Series A funding to expand its cross-border payment solutions across Africa. The company offers virtual USD, GBP, and EUR accounts for freelancers and businesses to receive international payments and manage multi-currency wallets.
Cedar Money, a U.S.-based startup, has secured $9.9 million in seed funding to scale its stablecoin-based cross-border payment infrastructure. The company aims to tackle inefficiencies in international payments, particularly in Africa, by using stablecoins as a bridge for faster and cheaper transactions.