*Data updated daily at 18:00 EAT
Zazuu, a cross-border remittance service has recently completed a USD 2 Mn raise to build one of the world’s first unbiased remittance payments services for Africans in Diaspora. The fundraising round saw participation from Launch Africa, Founders Factory Africa, Hoaq Club, Tinie Tempah, Jason Njoku CEO IrokoTV, Babs Ogundeyi, CEO Kuda Bank, and other angel investors.
Zazuu’s mission is to provide Africans in the diaspora with intelligent ways to move money. For African immigrants, life in the diaspora is fraught with inequalities, as systems are designed with biases against them. With Zazuu, users can search multiple money transfer providers in their region, compare the rates and fees, and then choose who to send money to, at no extra cost.