Cauridor, a fintech based in Ivory Coast, recently secured $3.5 million in seed funding to enhance its payment platform. The funding will help them facilitate mobile wallets and bank transfers, addressing the cross-border payment challenges in Francophone Africa.

Cauridor is an Ivorian fintech focused on improving cross-border payments in Francophone Africa. It has developed a platform that supports mobile wallets, bank transfers, and cash pickups through a network of over 25,000 agents across multiple countries. The company's founders, having experienced the difficulties of sending remittances, pivoted to create more efficient payment infrastructures in underserved markets. As of 2023, Cauridor processes millions of transactions and has generated significant revenue from its payment rails business.

https://www.cauridor.com/

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Cauridor raised $3.5 million in seed funding to build payment rails for cross-border transactions in Francophone Africa.

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Cauridor raised $3.5 million in seed funding to build payment rails for cross-border transactions in Francophone Africa.

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