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Browsing: Cash transfer services in Africa
- Ghana-based Zeepay has secured support from Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P.
- The firm is set to ehancing its offerings to International Money Transfer Organizations, senders and recipients of remittances.
- Last year, the company processed 10 million remittance transactions amounting to over $3 billion.
Cash transfer giant Zeepay has successfully closed a substantial equity investment round that is poised to power its business in new territories. Led by Pan-African investment heavyweights including Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and Investisseurs & Partenaires (I&P), this financial infusion is poised to turbocharge Zeepay’s ambitious expansion across Africa and the Caribbean.
Since its establishment in 2014, Zeepay has been at the forefront of revolutionizing payment infrastructures, boasting an impressive presence in over 20 countries globally.
Specialising in the instant settlement of remittances into mobile money wallets, the company has been a beacon of financial …
