Traction
One stop platform for small businesses to accept payments, run their businesses and access capital for growth
Location: Nigeria
Website: https://tractionapps.co/
Sector: Fintech
Funding Stage: Pre-Seed, Seed, Pre-Series A,
Total Funding ($m): 11
# of Founders: 2
Founding Year: 2020
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $1m | Pre-Seed | Ventures Platform, others |
| 2022 | $4m | Seed | Ventures Platform, Multiply Partners, P1 Ventures, Axian Group, Golden Palm Investments, Angel Investors |
| 2023 | $6m | Pre-Series A | Ventures Platform, Multiply Partners, P1 Ventures, Axian Group, Angel Investors |
Pre-Seed $1m
Ventures Platform, othersSeed $4m
Ventures Platform, Multiply Partners, P1 Ventures, Axian Group, Golden Palm Investments, Angel InvestorsPre-Series A $6m
Ventures Platform, Multiply Partners, P1 Ventures, Axian Group, Angel InvestorsNews
https://techcrunch.com/2023/08/01/traction-raises-6m-seed-as-nigerian-merchant-acquiring-space-continues-to-heat-up/