Zazu raises $1M pre-seed round to reinvent SME banking across Africa
Tech In Africa | Grace Ashiru - Dec 01, 2025
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  • Zazu raised $1 million in pre-seed funding from a group of African and European investors.
  • The funding round included participation from notable investors such as Zachariah George and Axel Peyriere.
  • Zazu is operational in South Africa and Morocco, integrating with platforms like Paystack and Shopstar.
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Zazu's approach to addressing the banking needs of SMEs in Africa is commendable, especially given the significant gap in financial services for this sector. The backing from experienced investors indicates strong confidence in Zazu's potential. However, the company must navigate regulatory challenges and competition in the fintech space to achieve its ambitious growth plans.
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