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HUB2 raised $8.5 million in Series A funding led by TLcom Capital to revolutionize digital payments in Francophone Africa.

PRIVATEDec 02, 2024

Amount Raised

$8.5 Million

Round Type

Series A

AbidjanFinancial ServicesPaymentsFinanceFintechMobile Payments

Investors

TLcom CapitalFmoEnza CapitalBpifrance

Description

HUB2 has secured $8.5 million in Series A funding, led by TLcom Capital along with FMO, Enza Capital, and Bpifrance. This investment will enable HUB2 to expand its reach and enhance its technology for digital payments across Francophone Africa.

Who to call at HUB2, and when

A new round usually means HUB2 is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day HUB2 raises, hires an executive or expands, scored against what you sell
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Company Information

Company

HUB2

Location

Abidjan, Abidjan, Côte D'ivoire

About

HUB2 is a fintech startup founded in 2019 that focuses on transforming digital payments in Francophone Africa. With a unified platform, it provides comprehensive payment solutions integrating mobile money, bank transfers, card payments, and cryptocurrency. The company has quickly become a key player in the region, serving over 55 fintech clients and processing significant transaction volumes. HUB2 aims to simplify payment processes for businesses while addressing the needs of small and medium-sized enterprises.

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Fundz sees it the moment HUB2 raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

HUB2 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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