Africa Angel Investors Network

Funding Tracker                 


Afriex

Image

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
Status: Active
YearAmountStageInvestors
2021$1.2mSeedLaunch Africa, Y Combinator, SoftBank Opportunity Fund, Future Africa, Brightstone Venture Capital, Processus Capital, Uncommon Ventures, A$AP Capital, Precursor Ventures, Ivernet Holdings, and angel investors
2022$10mSeries ASequoia Capital China, Dragonfly Capital, Goldentree, Stellar Development Foundation, Exceptional Capital, Angel Investors
2022$0.1mVenture RoundAdaverse, EMURGO, EVG Ventures
Tope Alabi, Obirije John, ,
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 investors

Series A $10m
Sequoia Capital China, Dragonfly Capital, Goldentree, Stellar Development Foundation, Exceptional Capital, Angel Investors

Venture Round $0.1m
Adaverse, EMURGO, EVG Ventures


News
https://afrikanheroes.com/2022/06/06/adaverse-makes-four-new-investments-in-african-startups/