Ghanaian Fintech company Zeepay Raises USD 10 Mn Funding

Zeepay, a Ghanaian mobile financial services company that specializes in offering integrated mobile payment services, has raised USD 10 Mn to expand its rapidly expanding remittance to wallet business. The Series A.5 medium-term debt raise was led by Symbiotics BV with UD 9 Mn and participation from a Mauritius-based fund investing USD 1 Mn, for a total of USD10 Mn.

Zeepay focuses on building digital rails that connect digital assets including mobile money wallets, cards, ATMs, bank accounts, and digital tokens to international money transfer operators, payments, subscriptions, overseas airtime, and refugee payments.