Last year, the company said it had over 5 million customers transact more than $2 billion from its network of 100,000 merchants. The startup plans to go live across the five markets where E-Settlement is present, serving digital financial services to consumers, small business owners and merchants. The San Francisco- and Lagos-headquartered startup will also go for customers who use banks and other digital-only platforms like Kuda, Carbon and FairMoney. Currently, the company has secured a $500,000 credit facility to kick-start the provision of working capital loans to its existing merchants. The startup intends us the pre-seed investment to double its agent network to over 200,000 by the end of 2022 as part of its goal to boost financial inclusion.