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Nigerian fintech startup, Cleva, raises $1.5 million in pre-Seed

PRIVATEJan 23, 2024

Amount Raised

$1.5 Million

Round Type

Pre-Seed

San FranciscoFinancial ServicesFinanceFintech

Investors

Y CombinatorFirst Check AfricaBYLD VenturesThe Raba Partnership1984 Ventures

Description

Nigerian fintech startup, Cleva, has raised $1.5 million in a pre-Seed round to expand its business of helping African individuals and businesses receive international payments by opening USD accounts.

Quick answer

Cleva raised $1.5 Million in a Pre-Seed round, dated January 23, 2024. Investors: Y Combinator, First Check Africa, BYLD Ventures, The Raba Partnership and 1984 Ventures. Cleva is based in San Francisco, California, United States.

How much did Cleva raise?
Cleva raised $1.5 Million in a Pre-Seed round on January 23, 2024.
Who invested in Cleva?
Y Combinator, First Check Africa, BYLD Ventures, The Raba Partnership and 1984 Ventures are named as investors in this round.
What does Cleva do?
Open a Cleva USD account to receive international payments from your clients, employers, and investors across the globe.
Where is Cleva based and how big is it?
Cleva is based in San Francisco, California, United States.
Who are the decision-makers at Cleva?
Fundz holds 1 contact at Cleva. 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 Cleva that raised within 45 days of this round, from Fundz verified event records.

  • Triumph Financial raised an undisclosed amount (Series C) on March 8, 2024.
  • CNote raised $213K on March 6, 2024.
  • Lettuce Financial raised $6M (Seed) on March 6, 2024.
  • Harness Wealth raised $17M (Series A) on March 5, 2024.
  • Zactor Tech raised an undisclosed amount (Pre-Seed) on March 2, 2024.
  • USBC raised $12M (Funding Round) on February 29, 2024.

Who to call at Cleva, and when

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

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

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Company Information

Company

Cleva

Location

San Francisco, California, United States

About

Open a Cleva USD account to receive international payments from your clients, employers, and investors across the globe. Save in USD to protect your funds from inflation, and only convert and payout in your local currency when you want to.

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Fundz sees it the moment Cleva raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.