Africa Angel Investors Network

Funding Tracker                 


Xend

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Decentralized finance (DeFi) platform for credit unions and cooperatives


Location: Nigeria
Website: https://xend.africa/
Sector: Fintech
Funding Stage: Venture Round, Seed,
Total Funding ($m): 2
# of Founders: 2
Founding Year: 2019
Funding Year: 2021
Status: Active
YearAmountStageInvestors
2020$1.5mVenture RoundBinance Labs, Google (VC), AU21 Capital, Amplifi VC, JUN Capital, TRG Capital
2021$0.5mSeedNGC Ventures, HashKey Capital
Ugochukwu Aronu, Chima Abafor, ,
Venture Round $1.5m
Binance Labs, Google (VC), AU21 Capital, Amplifi VC, JUN Capital, TRG Capital

Seed $0.5m
NGC Ventures, HashKey Capital


News
https://www.financialtechnologyafrica.com/2021/02/10/nigerian-fintech-startup-xend-finance-gets-2m-funding/