Zeepay secures equity investment for expansion.
Written by Black Hot Fire Network on April 10, 2024
Ghanaian fintech company Zeepay Ghana Ltd announced that pan-African investment firms Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P have completed an equity investment in the company. The investment will fuel Zeepay’s expansion across Africa and the Caribbean.
Zeepay, a rapidly expanding payment infrastructure company operating in over 20 countries worldwide. They specialize in facilitating instant remittance settlements into mobile money wallets in Africa and the Caribbean for leading international money transfer organizations (IMTOs). Last year alone, the company processed over 10 million remittance transactions valued at over $3 billion.
