Tech Company Financing Transactions
Raenest Funding Round
On 2/11/2025, Raenest raised $11 million in Series A investment from QED Investors, Norrsken22 and P1 Ventures.
Transaction Overview
Company Name
Announced On
2/11/2025
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its operations in Nigeria, while also strengthening its Kenyan presence.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3-9, Olukole Osho Street, Off Simbiat Abiola Way, Ikeja
Lagos, 101233
Nigeria
Lagos, 101233
Nigeria
Phone
Undisclosed
Website
Email Address
Overview
Raenest is a modern, multi-currency platform for Africans that makes managing money across borders easy. We offers fast, transparent, and affordable international payments, along with convenient ways to spend, save, invest, and grow wealth, empowering users to stay in control of their finances wherever their journey takes them.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Victor Alade
Founder
Sodruldeen Mustapha
Founder
Richard Oyome
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