Afriex is a fast and secure money transfer app for hassle-free cross-border payments. With competitive exchange rates, it's perfect for businesses or individuals sending money to loved ones. Experience the future of payments with Afriex!
Location: United States, California, San Francisco
Total raised: $11.2M
Investors 5
| Date | Name | Website |
| - | Future Afr... | future.afr... |
| - | Gravity Fu... | gravityfun... |
| 03.08.2020 | Y Combinat... | ycombinato... |
| - | SB Opportu... | theopportu... |
| - | Broadhaven... | broadhaven... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 28.04.2022 | Series A | $10M | - |
| 22.03.2021 | Seed | $1.2M | Launch Afr... |
Mentions in press and media 7
| Date | Title | Description |
| 08.08.2024 | Afriex transforms cross-border payments with the launch of Global Accounts | With the rise of emigration in Africa, cross-border payment options have never been more needed. Nigeria alone received $19.5 billion in diaspora inflow in 2023 which is the highest foreign remittance received in sub-Saharan Africa. From pa... |
| 23.04.2024 | Afriex Expands Its Money Transfer Network, Connecting Europe to Africa | [Lagos, April 2024] – Afriex, a leading money transfer platform, has expanded its countries’ network, enabling individuals in Europe to send money to over eight African countries. This expansion marks a significant milestone in Afriex’s mis... |
| 05.05.2023 | From Past to Future: How Does Adaverse Connect Africa with Asia through Cardano? Adaverse: Cardano’s official accelerator for Africa 2022 in review: Cardano as a bridge from Africa to Asia Why Afri... | Since 2021 Adaverse has been establishing a steady market presence in both Africa and Asia, connecting the two regions with a view of contributing to the wider global Web3 ecosystem. Driven by an aim to promote Cardano integration, Adaverse... |
| 29.04.2022 | Why a bipartisan embrace of crypto might never extend to Bitcoin | Hey everyone, and welcome back to Chain Reaction In our Chain Reaction podcast this week, Anita and I chatted with Sequoia Capital’s Shaun Maguire on why gamers are skeptical of NFTs and where decentralization really matters. More details b... |
| 22.03.2021 | Afriex raises $1.2M seed to scale its payments and remittances platform across Africa | Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigeri... |
| 27.08.2020 | Here are the 197 tech startups from Y Combinator’s Summer 2020 Batch | We wrote about Y Combinator (YC) back in June after the startup incubator relaunched its Startup School as a Continuous Program. Y Combinator is a startup incubator that provides funding for early-stage startups. Since its inception in 2005... |
| 26.08.2020 | Here are the African startups from Y Combinator’s Summer 2020 Demo Day | Share this article: Divided into winter and summer batches, US seed accelerator, Y Combinator (YC) invests $150,000 yearly in selected startups in exchange for 7% equity. However, starting from next year, the ticket size will reduce to $125... |