Waza, a Lagos, Nigeria-based international payments startup, raised $8m in funding.
The round included $3m raised in equity funding from Y Combinator, Byld Ventures, Norrsken Africa, Heirloom VC, and Plug and Play Tech Center, and $5m in debt.
The comapny intends to use the funds to expand operations and its business reach.
Waza is a B2B payments platform and liquidity provider for emerging market businesses like the importers and multi-national organisations in Africa. Its mission is to provide businesses with a way to conduct B2B cross-border transactions, even in the absence of hard currencies like USD, EUR, and GBP.
FinSMEs
20/08/2024