Monday
August 26
2024

Waza Secures $8 Million for B2B Payments Innovation in Emerging Markets

Waza, a B2B emerging markets payment platform, has successfully closed an $8m funding round comprising both equity and debt.

According to Finextra, this significant financial boost includes a $3m seed equity round from a consortium of institutional and strategic investors, namely Y Combinator, Byld Ventures, Norrsken Africa, Heirloom VC, Plug and Play Tech Center, and Olive Tree Capital. Additionally, Timon Capital has provided $5m in debt funding.

Photo courtesy of Pexels.

Source: Fintech Global (link opens in a new window)

Categories
Finance, Technology
Tags
digital payments, fintech, global development, international trade, remittances