Company type
Platform that provides instant, zero-fee transfers to Africans at home and in the diaspora.Overview
Afriex makes it easy for immigrants to send money home. We use stablecoins to offer the fastest and cheapest remittance service to over 30 countries around the world.
Funding rounds
Seed USD 1,200,000
USD 1,200,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Launch Africa | Initial investment. Led the round. | ||
|
Future Africa | Initial investment. | ||
![[current-page:title] logo](/sites/default/files/styles/icon/public/default_images/_no-logo.png?itok=AH4pbDYM){kind=icon}
|
Internet Holding SAPI de CV | Initial investment. | ||
|
Precursor Ventures | Seed stage venture capital firm. | Initial investment. | |
|
|
Processus Capital | Initial investment. | ||
|
SB Opportunity Fund LLC (SoftBank Opportunity Fund), (Open Opportunity Fund) | Venture fund dedicated to supporting and building a community of outstanding Black, Latinx and Native American founders. | Initial investment. | |
|
Uncommon Ventures | West Africa based venture studio building companies at the intersection of art and commerce. | Initial investment. | |
|
Mandela Schumacher-Hodge Dixon | Individual investor. | Initial investment. | |
| Russell Smith | Individual investor. | Initial investment. | ||
|
Y Combinator | American technology startup accelerator. | Follow-on investment. |
Seed USD 125,000
USD 125,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Y Combinator | American technology startup accelerator. | Initial investment. Led the round. |
Investment activity status
Active investor
Team
| Employee | Position | ||
|---|---|---|---|
| Tope Alabi (founder) | |||
| John Obirije (founder) |