QED leads $11M investment in Nigerian fintech Raenest
- Raenest offers virtual USD, GBP, and EUR accounts to freelancers for receiving payments.
- The company raised $11 million in Series A funding led by QED Investors.
- Raenest has processed over $1 billion in payments since its launch in 2022.
Tech Labari - Feb 11, 2025
Nigerian Fintech Raenest Raises $11 Million in Series A Funding
Raenest, a multi-currency accounts platform, has successfully completed an $11M Series A funding rou
Bendada.com - Feb 11, 2025
Raenest secures $11M Series A investment after processing $1 billion in payments
Raenest, a multi-currency accounts platform, has successfully completed an $11 million Series A fund
Raenest's approach to addressing the payment challenges faced by freelancers and businesses in Africa is commendable and highlights the growing need for innovative financial solutions in the region. As the tech ecosystem continues to expand, the success of Raenest could serve as a model for other fintechs aiming to bridge the gap between local and global markets.
