January 8

YC-Backed African Fintech Cleva, Founded by Stripe and AWS Alums, Raises $1.5 Million Pre-Seed

By Tage Kene-Okafor

Nigerian fintech Cleva, focused on creating a banking platform for African individuals and businesses to receive international payments by opening USD accounts, has raised $1.5 million in pre-seed funding.

The round was led by 1984 Ventures, an early-stage venture capital firm based in San Francisco. Other participants in the round include The Raba Partnership, Byld Ventures, FirstCheck Africa and several angel investors.

Photo courtesy of WorldRemit Comms.

Source: Tech Crunch (link opens in a new window)

Finance, Technology
financial inclusion, fintech