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

Feb 11, 202510 months ago

Amount Raised

$8 Million

Round Type

seed

AccraBankingFintechFinanceFinancial Services

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.

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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