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Afriex raises $10m in Series A funding

Nigeria based payments startup raised $10m in Series A funding led by Dragonfly Capital, Sequoia Capital and Stellar.

“A big strength of the company is being able to straddle the entire corridor between the U.S. and Africa where many others have tried to succeed and haven't. The reality is that if you want to succeed in emerging markets you need a really strong ground game.”

Tags

blockchain, payments, africa