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Just raised $40M Series B - high purchase intent window

Cauridor raised $3.5 million in seed funding to build payment rails for cross-border transactions in Francophone Africa.

Jan 29, 2025•8 months ago

Amount Raised

$3.5 Million

Round Type

seed

LewesPaymentsFintechFinancial Services

Description

Cauridor, a fintech based in Ivory Coast, recently secured $3.5 million in seed funding to enhance its payment platform. The funding will help them facilitate mobile wallets and bank transfers, addressing the cross-border payment challenges in Francophone Africa.

Company Information

Company

Cauridor

Location

Lewes, Delaware, United States

About

Cauridor is an Ivorian fintech focused on improving cross-border payments in Francophone Africa. It has developed a platform that supports mobile wallets, bank transfers, and cash pickups through a network of over 25,000 agents across multiple countries. The company's founders, having experienced the difficulties of sending remittances, pivoted to create more efficient payment infrastructures in underserved markets. As of 2023, Cauridor processes millions of transactions and has generated significant revenue from its payment rails business.

Company News

(2 articles)

Wed, 29 Jan 2025 08:00:00 GMT

This fintech has a fix for the biggest cross-border payments issues in Francophone Africa - TechCrunch

Tue, 04 Feb 2025 02:20:46 GMT

Ivorian Fintech Cauridor Raises $3.5M to Revolutionize Cross-Border Payments in Francophone Africa - Startup Ecosystem Canada

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