Affinity Africa Raises $8M to Revolutionize Banking in Africa
- Affinity Africa raised $8 million in an oversubscribed seed funding round.
- The funding round was led by Grazia Equity and BACKED VC.
- Affinity Africa operates a branchless banking model using a mobile and web app.
Tech In Africa - Feb 22, 2025
Digital Banking Revolution: Affinity Africa’s $8M Funding Transforms Financial Access”
Affinity Africa has raised $8 million in seed funding to enhance banking access in Africa through it
The successful funding round for Affinity Africa underscores the increasing demand for innovative fintech solutions in Africa, particularly in addressing the financial needs of underserved populations. The company's commitment to providing accessible banking services could significantly impact financial inclusion in the region, making it a topic worthy of further exploration and discussion.
