Waza Raises 8M in Equity and Debt Funding

▤ Summary

The round included $3m raised in equity funding from Y Combinator, Byld Ventures, Norrsken Africa, Heirloom VC, and Plug and Play Tech Center, and $5m in debt. The comapny intends to use the funds to expand operations and its business reach. Waza is a B2B payments platform and liquidity provider for emerging market businesses like the importers and multi-national organisations in Africa. Its mission is to provide businesses with a way to conduct B2B cross-border transactions, even in the absence of hard currencies like USD, EUR, and GBP.

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