Stripe, AWS alums’ brainchild Cleva raises $1.5M: How this African fintech is revolutionising finance?
Tech Funding News | Abhinaya Prabhu - Jan 08, 2024
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  • Cleva, a Nigerian fintech startup, has raised $1.5 million in pre-seed funding to develop a banking platform for African individuals and businesses to receive international payments with USD accounts.
  • The funding round was led by 1984 Ventures, with participation from Y Combinator.
  • Cleva plans to expand its services across Africa and the US.
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The investment in Cleva demonstrates confidence in the team's ability to execute their plans across Africa and the US. The founders' experience at major tech companies and their understanding of the market position them well to solve the global problem of enabling people to receive international payments.
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