Wednesday
April 21
2021

Fintech Startup, Okra, Raises $3.5 Million Seed to Deepen Operations in the Nigerian Market

By Oluwanifem Kolawole

Nigerian API fintech startup, Okra, has raised a $3.5 seed investment barely one year after its $1 million pre-seed round. Venture capital firm, TLcom Capital — sole funder of the previous round — participated in this round.

US-based Susa Ventures led this seed round, with global consulting firm, Accenture Ventures, investing in an African startup for the first time. Other participating angel investors include Rob Solomon, GoFundMe Chairman; and Arpan Shah and Hongxia Zhong, former founding engineers at Robinhood.

Photo courtesy of Olumide Bamgbelu.

Source: Techpoint Africa (link opens in a new window)

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