Techeconomy: Klasha Secures $2M to Boost Asia-Africa Payment Expansion, Opens New Office in China

Klasha, a cross-border payments startup simplifying transactions for businesses in emerging markets, has raised an additional $2 million in funding, bringing its total investment to $6.5 million. 

The fund will drive the company’s expansion, particularly in Asia, where it plans to open a new office in Hangzhou, China; a known hub for e-commerce and payment service providers (PSSPs), home to major companies like Alibaba. 

Klasha also aims to strengthen its B2B payment solutions, offering businesses the ability to send and receive payments across Africa and Asia more efficiently.

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