Nigerian Fintech Syarpa Raises USD 500 K Pre-Seed Round

Nigerian fintech startup Syarpa has closed a USD 500 K pre-seed round of funding to help it expand across Europe and Africa. The funding round was led by  CrossFund and FirstFounders and also featured Yolo Investments and a strategic angel investor. 

Syarpa enables users to carry out both international money transfers and crypto exchanges by providing fiat and crypto payment solutions and has over 2,000 users and facilitated transactions worth over USD 4 Mn since its launch.