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Affinity Africa raised $8M in seed funding to expand its digital banking services in Ghana's mobile money market.

PRIVATEFeb 11, 2025

Amount Raised

$8 Million

Round Type

Seed

AccraFinancial ServicesFinanceFintechBanking

Investors

Backed VCGrazia Equity

Description

Affinity Africa secured $8 million in seed funding to enhance its financial products in Ghana, where mobile money is widely used. The startup aims to leverage the country's mobile money landscape to provide accessible digital banking services to its population.

Quick answer

Affinity Africa raised $8 Million in a Seed round, dated February 11, 2025. Investors: Backed VC and Grazia Equity. Affinity Africa is based in Accra, Greater Accra Region, Ghana.

How much did Affinity Africa raise?
Affinity Africa raised $8 Million in a Seed round on February 11, 2025.
Who invested in Affinity Africa?
Backed VC and Grazia Equity are named as investors in this round.
What does Affinity Africa do?
Affinity Africa is a Ghanaian fintech firm focused on expanding digital banking services in Ghana.
Where is Affinity Africa based and how big is it?
Affinity Africa is based in Accra, Greater Accra Region, Ghana. Fundz records about 73 employees.
Who are the decision-makers at Affinity Africa?
Fundz holds 2 contacts at Affinity Africa. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Affinity Africa that raised within 45 days of this round, from Fundz verified event records.

  • Curve raised $48M (Funding Round) on March 14, 2025.
  • AMNIS Treasury Services AG raised $11M (Series B) on February 28, 2025.
  • Qist Bazaar raised $9.2M (Series A) on February 14, 2025.
  • Mysa raised $2.8M (Seed) on February 12, 2025.
  • Yavrio raised $2.4M (Seed) on January 29, 2025.
  • Lendingkart raised $29M (Series E) on March 28, 2025.

Who to call at Affinity Africa, and when

A new round usually means Affinity Africa is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Affinity Africa raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Affinity Africa, from your own LinkedIn network

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Company Information

Company

Affinity Africa

Location

Accra, Greater Accra Region, Ghana

About

Affinity Africa is a Ghanaian fintech firm focused on expanding digital banking services in Ghana. The startup leverages the country's mobile money infrastructure to offer accessible financial products. It aims to bridge the gap between mobile money and digital banking, catering to the diverse needs of Ghanaians who have historically been underserved by traditional banking. With recent funding, Affinity Africa is positioned to scale its operations and navigate the challenges of the regulatory landscape.

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Affinity Africa raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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