Klasha News

    June 8, 2022

    Yahoo Finance: Nigerian startup Klasha gets an additional $2.1M for its cross-border commerce play

    Tage Kene-Okafor

    Tue, June 7, 2022, 9:07 AM·3 min read

    Lagos and San Francisco-based Klasha has received an additional $2.1 million to complete its $4.5 million seed round. The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors including Amex Ventures, the strategic investment group of American Express. This investment is Amex Ventures’ first in an African startup.

    The round also included Global Ventures, the MENA-focused VC that has backed the likes of Tabby, Helium Health and Paymob. “I think the fact that Amex is now investing in the continent, especially after investing in companies like Stripe, is really powerful,” said Klasha CEO Jessica Anuna to TechCrunch, adding that Global Ventures coming on board is also noteworthy for the company.

    Read more here.

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