PaySika, a fintech startup focused on francophone, has announced that it has secured a $348,000 pre-seed investment from angel investors.

As part of the fundraising, the startup welcomes investors Benjamin Chemla, founder of Stuart, and Damien Guermonprez the executive chairman of Lemonway to its strategic committee.

Other investors that participated in the round include Charles Edouard Bouée (former CEO of Roland Berger), Didier Valet (former Deputy-CEO of Groupe Société Générale), Charlie Delingpole (CEO of ComplyAdvantage), Oliver Tilloy (Founder of Techmind), Adedayo Amzat (Managing Director of Zedcrest Capital), and Thibault Poutrel (Founder of Fonds de Dotation Thibault Poutrel).

Founded in 2020 by Roger Nengwe and Stezen Bisselou, PaySika offers banking services on popular messengers such as WhatsApp, Messenger and Telegram apart from mobile/web app in francophone Africa. PaySika uses this infrastructure to create new affordable, smooth and transparent banking experiences mainly to simplify and facilitate online payments.

PaySika’s first round of funding will allow the startup to continue building the service by recruiting new profiles.

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