Browsing: Raenest

• 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 …

• Fintech Raenest will be the key sponsor of the seventh edition of Africa Tech Summit Nairobi in February 2025.
• The a B2B Summit, expo, and awards forum projects to attract over 2,000 industry leaders, corporates, investors, and global delegates.
• Conference will feature four key track themes: Africa Money & DeFi, Africa Climate Tech & Investment, Africa Startup, and the Africa Mobile & App segments.

For the second year in a row, Nigerian fintech heavyweight Raenest is set to headline the Africa Tech Summit 2025 edition, reaffirming the company’s commitment to fostering growth, and collaboration in Africa.

According to the organizers, Raenest will be the key sponsor of the seventh edition of Africa Tech Summit Nairobi, which is set to be held on February 12th and 13th, 2025, at the Sarit Expo Centre.

“We are thrilled to continue as the headline sponsor of Africa Tech Summit Nairobi. This platform is pivotal …