Africa Angel Investors Network

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Stax

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Offline payment app for online businesses with a USSD interface that enables African consumers to manage all their bank and mobile money accounts in one place without mobile data


Location: Kenya
Website: https://stax.me/
Sector: Fintech
Funding Stage: Venture Round, Seed, Venture Round,
Total Funding ($m): 2.9
# of Founders: 1
Founding Year: 2020
Funding Year: 2022
Status: Active
YearAmountStageInvestors
2021$0.2mVenture RoundLaunch Africa
2022$2.2mSeedWorld Within Ventures, Noemis Ventures, Anthemis Group, Orange DAO, 500 Global, Garuda Ventures, GAN Ventures
2022$0.5mVenture RoundStellar Development Foundation
Ben Lyon, , ,
Venture Round $0.2m
Launch Africa

Seed $2.2m
World Within Ventures, Noemis Ventures, Anthemis Group, Orange DAO, 500 Global, Garuda Ventures, GAN Ventures

Venture Round $0.5m
Stellar Development Foundation


News
https://stax.me/blog/fintech-stax-gets-additional-backing-from-stellar-development-foundation-to-build-affordable-borderless-payment-solution-in-africa/