Waza Raises $8M to Boost Fintech Expansion in Africa and Beyond
1 min read
African fintech startup Waza has secured $8 million in funding to fuel its expansion into new and emerging markets. The funding round, led by global investors, highlights growing confidence in African fintech solutions designed for cross-border payments and digital trade.
Waza, known for its real-time treasury and payment infrastructure for businesses, plans to use the capital to enhance its platform and enter more African markets, as well as parts of Asia and Latin America.
Powering Global Trade from Africa
The startup helps businesses manage international payments, currency exchange, and liquidity through a single digital platform. With trade across Africa and emerging economies increasing, Waza’s tools are gaining traction among companies seeking faster, cheaper, and more transparent transactions.
Investor Confidence in African Fintech
The $8 million raise sends a strong signal: investors in Africa are still bullish on fintech, especially startups solving cross-border payment challenges. Waza’s growth strategy aligns with the African Continental Free Trade Area (AfCFTA) goals, making it well-positioned to lead in digital trade infrastructure.
What’s Next?
Waza plans to grow its team, strengthen its tech infrastructure, and deepen its presence in both established and underserved regions. The goal: simplify treasury and payment systems for businesses moving money across borders.
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