Afriex
Digital wallet focused on cross-border money transfers
Location: Nigeria
Website: https://www.afriexapp.com/
Sector: Fintech
Funding Stage: Seed, Series A, Venture Round,
Total Funding ($m): 11.3
# of Founders: 2
Founding Year: 2019
Funding Year: 2021
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $1.2m | Seed | Launch Africa, Y Combinator, SoftBank Opportunity Fund, Future Africa, Brightstone Venture Capital, Processus Capital, Uncommon Ventures, A$AP Capital, Precursor Ventures, Ivernet Holdings, and angel investors |
| 2022 | $10m | Series A | Sequoia Capital China, Dragonfly Capital, Goldentree, Stellar Development Foundation, Exceptional Capital, Angel Investors |
| 2022 | $0.1m | Venture Round | Adaverse, EMURGO, EVG Ventures |
Seed $1.2m
Launch Africa, Y Combinator, SoftBank Opportunity Fund, Future Africa, Brightstone Venture Capital, Processus Capital, Uncommon Ventures, A$AP Capital, Precursor Ventures, Ivernet Holdings, and angel investorsSeries A $10m
Sequoia Capital China, Dragonfly Capital, Goldentree, Stellar Development Foundation, Exceptional Capital, Angel InvestorsVenture Round $0.1m
Adaverse, EMURGO, EVG VenturesNews
https://afrikanheroes.com/2022/06/06/adaverse-makes-four-new-investments-in-african-startups/