Tech Company Financing Transactions

Zazuu Funding Round

Zazuu, operating out of London, secured $2 million from Founders Factory, Launch Africa Ventures and HoaQ.

Transaction Overview

Company Name
Zazuu
Announced On
7/13/2022
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors

Founders Factory (Lead Investor)

Launch Africa Ventures (Lead Investor)

HoaQ

private investors (Babs Ogundeyi)

private investors (Jason Njoku)

private investors (Tinie Tempah)

Jonomi Ventures

ODBA VC

Proceeds Purpose
The company will use the new investment to keep these numbers up, hire more talent and scale its Pay with Zazuu feature that allows users to complete transactions in-app. Although this service is only available to senders in the U.K. and receivers in Nigeria and Ghana, Zazuu says it plans to expand access to other sender and receiver countries. Also in the works are a couple of products that address financial challenges African immigrants face, such as access to credit.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
20-22 Wenlock Rd
London, N1 7GU
UK
Phone
Undisclosed
Website
www.zazuu.co
Email Address
[email protected]
Overview
Today, sending money across border is still unbelievably expensive, slow and unfair to millions of migrant customers. We're on a mission to change that. At Zazuu, we believe in empowering our customers. So we built a solution that is transparent, ethical and helps people become smarter with money.
Profile
Zazuu LinkedIn Company Profile
Social Media
Zazuu Company Twitter Account
Company News
Zazuu News
Facebook
Zazuu on Facebook
YouTube
Zazuu on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kayode Akinwunmi
  Kayode Akinwunmi LinkedIn Profile  Kayode Akinwunmi Twitter Account  Kayode Akinwunmi News  Kayode Akinwunmi on Facebook
Chief Operating Officer
Korede Fanilola
  Korede Fanilola LinkedIn Profile  Korede Fanilola Twitter Account  Korede Fanilola News  Korede Fanilola on Facebook
Chief Technical Officer
Oluwatosin Ekolie
  Oluwatosin Ekolie LinkedIn Profile  Oluwatosin Ekolie Twitter Account  Oluwatosin Ekolie News  Oluwatosin Ekolie on Facebook
Co-Founder
Tola Alade
  Tola Alade LinkedIn Profile  Tola Alade Twitter Account  Tola Alade News  Tola Alade on Facebook

 

 

Browse more venture capital transactions:

Prev: 7/13/2022: Provus venture capital transaction
Next: 7/13/2022: Arkive venture capital transaction

 

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