Zeepay has secured $18 million in debt funding to expand its operations in Africa’s mobile money markets. The financing, arranged by Verdant IMAP, strengthens Zeepay's working capital.
Amount Raised
$18 Million
Round Type
Debt Financing
AccraFinanceFintechInvestors
Description
Ghanaian fintech firm Zeepay has secured $18 million in senior secured debt funding to strengthen its working capital and accelerate its expansion across Africa’s booming mobile money and cross-border payment markets. The financing, arranged by South Africa-based advisory firm Verdant IMAP, reflects rising investor confidence in Zeepay’s role as a critical bridge between global remittance networks and local mobile wallets. The new funding will provide crucial float financing support, ensuring Zeepay can manage liquidity demands associated with real-time mobile money transactions and international remittances. Zeepay’s operations currently span more than 20 countries, making it one of Africa’s key players in digital financial solutions.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as Zeepay that raised within 45 days of this round, from Fundz verified event records.
- Payrails raised $32M (Series A) on June 12, 2025.
- RAMP raised $200M (Series E) on June 12, 2025.
- Vine Financial raised an undisclosed amount (Seed) on June 12, 2025.
- GrailPay raised $6.7M (Seed) on June 11, 2025.
- FinanceKey raised $3.4M (Seed) on June 10, 2025.
- CloudTech Group raised $10M (Series A) on June 10, 2025.
Who to call at Zeepay, and when
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Related People
Zeepay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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