Raenest has secured $11 million in Series A funding to expand its fintech solutions
Raenest Raises $11M Series A to Revolutionize Cross-Border Payments for African Professionals and Businesses
Raenest has secured $11 million in Series A funding to expand its fintech solutions, making cross-border payments more seamless for African freelancers, businesses, and remote professionals.
The funding round was led by QED Investors, with participation from Norrsken22, Ventures Platform, P1 Ventures, and Seedstars. This latest investment brings Raenest’s total venture funding to $14.3 million, marking a significant milestone in its mission to simplify money management across borders for Africans.
Receiving international payments, managing currency conversions, and handling transactions efficiently can be challenging. Raenest is committed to solving these pain points by offering a faster, smarter, and more affordable financial solution for freelancers, startups, and growing businesses.
With this new funding, Raenest is set to enhance its services and expand its reach, ensuring that African professionals and businesses can thrive in the global economy.
