Entrepreneurship, Innovation and Startups News Hub

Nigerian Fintech Startup, Aboki Africa Secures Undisclosed Funding

Aboki Africa, a Nigerian fintech startup, has announced that it has completed a pre-seed funding round led by Abdul Hassan (CEO of Mono), alongside Niche Capital Limited, Ingressive Capital, and other strategic investors.

Aboki Africa was founded in 2020 by Idorenyin Obong and Femi Aghedo. It is a service that provides foreign accounts for Africans. It is the easiest way to send and receive international payments without restrictions.

The startup currently offer GBP and EUR foreign accounts to its customers with USD and other currencies coming soon.

Femi Aghedo, co-founder and COO said: ” We built Aboki Africa out of necessity. I have had personal experiences with the pain points we are trying to alleviate. People who work and do business remotely should not have to jump through hoops to receive payments. We are fixing that.”

See also  How To Buy MTN Nigeria Shares

With this new funding, the startup will primarily invest in scaling its product and expanding its core team.

Follow me
Editor, I am also a freelancer, part-time copywriter and I love solitude. Send us an
Musa Suleiman
Follow me
We would like to make you the first to get all our updates!    OK No thanks