Nigerian B2B Payment Firm Waza Raises $8 Million in Latest Funding Round
Tech In Africa | Grace Ashiru - Aug 27, 2024
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  • Waza has raised $8 million in equity and debt funding to develop new trade finance solutions and expand its operations.
  • The funding includes $3 million in equity from investors like Y Combinator and $5 million in debt funding from Timon Capital.
  • Waza aims to streamline B2B payments for emerging market businesses.
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The successful funding round and expansion plans of Waza highlight the growing demand for efficient B2B payment solutions in emerging markets. With the support of notable investors, Waza is well-positioned to transform the landscape of trade finance and enhance liquidity access for businesses across Africa. This development is a positive sign for economic growth and development in the markets Waza operates in.
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