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Browsing: Norrsken22
- The funding round was led by QED Investors, with participation from Norrsken22, alongside follow-on investment from Ventures Platform, P1 Ventures, and Seedstars.
- This equity-based capital injection brings Nigeria-based Raenest’s total venture funding to $14.3 million.
- Raenest seeks to expand into the U.S. and Egypt markets this year while also using the funding to attract and retain top talent.
Raenest has secured $11 million in Series A funding, a financial backing that will see the global multi-currency accounts platform for individuals and businesses further expand its presence in Kenya and in its headquarters in Nigeria.
In a statement, Raenest said it also seeks to expand into the U.S. and Egypt markets this year, further broadening its impact with customers from African. Additionally, the new funding is part of a broader plan for the fintech giant to attract top talent to accelerate its growth momentum.
Speaking on the announcement, Victor Alade, CEO …