Ivorian Fintech Cauridor Raises $3.5M to Expand Cross-Border Payments
- Cauridor raised $3.5 million in seed funding.
- Funding round led by Oui Capital with support from Rally Cap and BKR Capital.
- Cauridor provides payment rails for merchants, banks, telecoms, and money transfer companies.
Cauridor's innovative approach to cross-border payments addresses significant challenges in the African market. The company's strategic pivot to B2B services and plans for expansion indicate a strong understanding of market needs and potential for growth. However, the success of their blockchain integration and infrastructure upgrades will be critical to their long-term viability.
