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    October 24, 2024

    Disrupt Africa: Nigerian fintech startup Klasha raises additional $2m for Chinese expansion

    Founded in 2021 by Jess Anuna, Klasha has developed a platform and APIs that allows users to move money to and from emerging markets frictionlessly. It collects and sends over 120 currencies, saving merchants time and money.

    The startup has announced it has raised an additional US$2 million in funding to fuel its expansion initiatives in Asia, including opening a new office in Hangzhou, China. Klasha already works with many Asian PSSPs and companies, such as Coda Pay, Fomo Pay, Easy Transfer and the Chinese Chamber of Commerce in Yiwu.

    The funding came from investors including Expert Dojo, Alumni Ventures, Practical VC, Breega, My Asia VC, Resilience17, and Magic Fund, and brings Klasha’s total secured investment so far to US$6.5 million.

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