Kenyan Finance Startup Credrails Raises Seed Funding

Kenyan open finance infrastructure startup Credrails has raised an undisclosed amount of seed funding as it works towards connecting the whole of Africa to its API. Investors include SoftBank and Unicorn Growth, Samos Ventures, and Precursor.

The startup already has physical operations in Nigeria and has access to 250 million accounts in 33 countries. It is working towards connecting all of Africa, a goal boosted by an undisclosed amount of seed funding secured last month.