HUB2 raised $8.5 million in Series A funding led by TLcom Capital to revolutionize digital payments in Francophone Africa.

Dec 02, 2024•9 months ago

Amount Raised

$8.5 Million

Round Type

series a

AbidjanMobile PaymentsPaymentsFintechFinanceFinancial Services

Investors

BpifranceEnza CapitalFmoT Lcom Capital

Description

HUB2 has secured $8.5 million in Series A funding, led by TLcom Capital along with FMO, Enza Capital, and Bpifrance. This investment will enable HUB2 to expand its reach and enhance its technology for digital payments across Francophone Africa.

Company Information

Company

HUB2

Location

Abidjan, Abidjan, Côte D'ivoire

About

HUB2 is a fintech startup founded in 2019 that focuses on transforming digital payments in Francophone Africa. With a unified platform, it provides comprehensive payment solutions integrating mobile money, bank transfers, card payments, and cryptocurrency. The company has quickly become a key player in the region, serving over 55 fintech clients and processing significant transaction volumes. HUB2 aims to simplify payment processes for businesses while addressing the needs of small and medium-sized enterprises.

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