What is PayQin?
Founded in 2017 by Fabrice Amalaman and Pierre-Antoine Sesque in London, PayQin is a fintech company dedicated to advancing financial inclusion across Africa's substantial underbanked populations. Leveraging the region's high mobile phone penetration, which significantly outpaces banking access, PayQin offers a comprehensive mobile application. This platform enables users to manage mobile money, utilize cross-border debit cards, conduct payments, and engage with cryptocurrency transactions, all from a single, integrated digital wallet.
How much funding has PayQin raised?
PayQin has raised a total of $354K across 1 funding round:
Angel/Seed
$354K
Angel/Seed (2021): $354K, investors not publicly disclosed
What's next for PayQin?
The substantial capital raised positions PayQin for accelerated growth and market penetration. As a company operating in the large-scale late-stage funding environment, this investment is likely earmarked for scaling operations, expanding its service offerings, and potentially entering new African markets. The strategic nature of the recent financing suggests a focus on solidifying its market position and enhancing its technological infrastructure to further bridge the financial inclusion gap.
See full PayQin company page
