Talk360 Raises $4 Million Seed Round to Expand its Calling Business, Build African Payment Platform
International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone worldwide, has secured $4 million (R64 million) in funding as it prepares to launch a new pan-African payment platform in mid-2022.
The seed round of funding was led by leading African venture capital investor HAVAÍC, 4Di Capital and several prominent fintech angel investors.
While the Talk360 app is seeing rapid growth on the continent, with a growing number of paying users, accessibility has been an issue for the 500 million underserviced people.
Users either don’t have online banking to buy Talk360 airtime, or their local currencies or payment methods are simply not supported.
Photo courtesy of ICT4D.at.
Source: TechEconomy.ng (link opens in a new window)
- Finance, Technology