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CinetPay raises $2.4m in Seed Funding

Ivory Coast based payment gateway for Francophone Africa raised $2.4m in Seed funding from 4DX Ventures and Flutterwave.

“When we launched our website to sell domain names online, we faced difficulty in collecting online payment after creating many PayPal accounts which were blocked by PayPal because we were in Africa,” the CEO told TechCrunch.

Tags

payments, africa, emerging markets