Tuesday
August 31
2021

African Fintech pawaPay Secures $9 Million In a Seed Funding Round

African fintech pawaPay has secured $9-million in a seed funding round co-led by  MSA and UK-based investment fund 88mph, with participation from Vunani CapitalKepple Ventures and Zagadat Capital. 

According to reports the funding will be used to help scale the fintech’s operational presence, grow the existing team and expand in new markets across Africa. 

Nikolai Barnwell, CEO of pawaPay comments on the funding secured and the startup’s growth prospects.

Photo courtesy of Pexels.

Source: VentureBurn (link opens in a new window)

Categories
Finance, Technology
Tags
emerging markets, financial inclusion, financial services, fintech, technology