PawaPay

PawaPay is a fintech startup founded in 2020 with a mission to facilitate global companies in accepting mobile money payments from African consumers. The platform boasts a simplified API, allowing merchants to seamlessly access mobile money systems of telecom operators and transact with millions of mobile money accounts. Notably, PawaPay handles local operations, regulatory compliance, and bank accounts, thereby streamlining payments in this new market. The company recently secured a noteworthy $9.00M in a Seed Round investment on 26 August 2021. The investors include Kepple Africa, MSA Novo, Zagadat Capital, Vunani Capital Partners, and 88mph.ac. PawaPay operates within the industries of Financial Services, Fintech, and Payments, catering to the expanding demands for efficient cross-border transactions and financial inclusion. This recent investment is a testament to its potential in revolutionizing payment solutions across borders and driving financial access in untapped markets.