Nigerian fintech of the unbanked Bankly raises $2M led by Vault

25 Mar, 2021

Nigerian fintech of the unbanked Bankly raises $2M led by Vault
Photo by Viktor Forgacs on Unsplash

– Bankly, a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2m seed round.
– The round was led by 500 Startups and joined by other investors including the co-founder of Transferwise.
– The company is digitizing the informal thrift collections system known with different names such as esusu or ajo in Nigeria.

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