Africa-Focused Fintech Zazuu Raises $2M To Scale Its Cross-Border Payment Marketplace
Amount Raised
$2 Million
Round Type
Seed
Description
The remittance inflows to sub-Saharan Africa over the past decade have been on an upward trajectory since 2020; last year, it increased by more than 6% to $45 billion. However, the steady rise of remittance inflows to the region hasn’t made this activity cheaper. According to the World Bank, sub-Saharan Africa remains the most expensive region to send and receive money; sending $200 costs an average of 8% in fees compared to a global average of about 6%.
Quick answer
Zazuu raised $2 Million in a Seed round, dated July 13, 2022.
- How much did Zazuu raise?
- Zazuu raised $2 Million in a Seed round on July 13, 2022.
- What does Zazuu do?
- Search. Compare. Save on money transfers to Africa
Source: Fundz verified event record.
Who else raised in Mobile and Commerce And Shopping around the same time
Companies in the same sectors as Zazuu that raised within 45 days of this round, from Fundz verified event records.
- Qiibee raised $4.8M (Seed) on July 5, 2022.
- Kaddra raised $5M (Series A) on June 15, 2022.
- Mural raised $5.6M (Funding Round) on August 23, 2022.
- Omnibiz raised an undisclosed amount (Funding Round) on August 19, 2022.
- OpenSpace raised an undisclosed amount (Series D) on August 9, 2022.
- Residently raised $5.9M (Funding Round) on July 21, 2022.
Who to call at Zazuu, and when
A new round usually means Zazuu is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Zazuu raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Zazuu, from your own LinkedIn network
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Fundz sees it the moment Zazuu raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Zazuu 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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