Nigerian Crypto Startup Payourse Raises USD 600 K Pre-Seed Round

Payourse, the crypto startup behind Coinprofile and Simpa, has raised USD 600 K in a pre-seed round to scale its products, hire more talents, and expand into new markets. The round included Flori Ventures, Voltron Capital, Allegory Capital, and angel investors like Freeme Digital Limited CEO Michael Ugwu, CELO co-founders Marek Olszewski and Rene Reinsberg, Ventures Platform Founding Partner Kola Aina, Oluwatobi Anisere, and Angel Touch Holdings.

Payourse infrastructure helps African businesses to build user-friendly cryptocurrency and Web3 products. Coinprofile allows anyone from anywhere in the world to send crypto, and the recipient will receive the equivalent fiat value in their bank account within minutes.