Deal Street

African Startup Funding Tracker

$3,190,383,000+

*Data updated daily at 18:00 EAT

Senegalese Fintech Startup Outsource Monetic Raises Funding
Senegalese Fintech Startup Outsource Monetic Raises Funding

Outsource Monetic Group, an American and Senegalese fintech based in Atlanta, GA, announced this week the closing of a pre-seed fundraising round with 500 Global, a startup accelerator company based in San Francisco, USA. The fintech also announced the launch of the pilot phase, in Senegal and Côte d’Ivoire, of its private ATM network branded KaliSpot.

The company develops an automated and omnichannel infrastructure of inclusive financial service points in a proprietary physical (ATM and ITM) and digital (mobile application) network allowing customers of any bank, mobile money, or fintech to have 24/7 access to their money and innovative value-added services.