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Browsing: Investisseurs & Partenaires (I&P)
- 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 …
- With the funding for growth, Lapaire intends to open 300 eye care centres.
- Eye care in developing countries like Kenya and many other African states remains underfunded.
- While it initially began with a B2B sales approach, it has since abandoned that model, favouring direct contact with the customers.
Kenya-based Eyewear Startup Lapaire has secured $3 million (KSh476 million) in private equity funding for growth initiatives across African markets. Following the deal’s closure, Lapaire intends to open 300 eye care centres, targeting 80 new outlets by December 2024.
Impact investment fund Investisseurs & Partenaires (I&P) led the equity round with AAIC, FINCA Ventures, and Beyond Capital pitching in. Cross-Boundary provided advisory support for the deal through USAID’s Africa Trade and Investment activity.
“Over the last few years, we worked hard to build a highly scalable model and we are now in the best position to accelerate our growth to positively impact …
