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%Begin Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform Tope Alabi - Afriex HEAD TOPICS <h1>Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform</h1>10/21/2022 7:45:00 AM <h2>Afriex grew 500% over six months as the company rides a rapidly expanding wave of fintech companies in Africa </h2> <h3>Tope Alabi Afriex</h3> Source <h3> Forbes </h3> Afriex grew 500% over six months as the company rides a rapidly expanding wave of fintech companies in Africa Afriex grew 500% in the past six months as the company rides a rapidly expanding wave of fintech companies in Africa. ... [+]transfer.AfriexWhen Tope Alabi moved back to Nigeria in 2019 after 20 years in the U.S., he knew he wanted to start a company applying what he learned working at blockchain consultant Consensys.
Daniel Kumar Member
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%Begin Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform Tope Alabi - Afriex HEAD TOPICS

Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform

10/21/2022 7:45:00 AM

Afriex grew 500% over six months as the company rides a rapidly expanding wave of fintech companies in Africa

Tope Alabi Afriex

Source

Forbes

Afriex grew 500% over six months as the company rides a rapidly expanding wave of fintech companies in Africa Afriex grew 500% in the past six months as the company rides a rapidly expanding wave of fintech companies in Africa. ... [+]transfer.AfriexWhen Tope Alabi moved back to Nigeria in 2019 after 20 years in the U.S., he knew he wanted to start a company applying what he learned working at blockchain consultant Consensys.
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He and future cofounder John Obirije started testing a number of ideas ranging from a hip hop chat b...
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He and future cofounder John Obirije started testing a number of ideas ranging from a hip hop chat bot to a trivia game — all of which failed. But they realized throughout the trial and error that they consistently ran into the same problem: trying to pay business expenses for the various upstarts with money tied up in bank accounts in the U.S.
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He and future cofounder John Obirije started testing a number of ideas ranging from a hip hop chat bot to a trivia game — all of which failed. But they realized throughout the trial and error that they consistently ran into the same problem: trying to pay business expenses for the various upstarts with money tied up in bank accounts in the U.S.
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Read more:<br>Forbes &raquo; Bitcoin’s Volatility Drops Below That of S&P500 Index Tesla Semi's 500-Mile Range Is Calculated With Cargo, Says Musk Bitcoin May Gain Upper Hand Vs S&P 500 and Surge: Bloomberg’s Mike McGlone S&P 500 Index: Break above 3810/40 to open up September high of 4120 – SocGen <h3>Who should you root for at the FIFA World Cup </h3> My New Favorite Futbolista will introduce you to the World Cup’s most inspiring soccer players and the causes they champion. New episodes hosted by former Colombian striker Juan Pablo Ángel and LX News host Eric Alvarez will drop November 1 in English and Spanish.
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Forbes » Bitcoin’s Volatility Drops Below That of S&P500 Index Tesla Semi's 500-Mile Range Is Calculated With Cargo, Says Musk Bitcoin May Gain Upper Hand Vs S&P 500 and Surge: Bloomberg’s Mike McGlone S&P 500 Index: Break above 3810/40 to open up September high of 4120 – SocGen

Who should you root for at the FIFA World Cup

My New Favorite Futbolista will introduce you to the World Cup’s most inspiring soccer players and the causes they champion. New episodes hosted by former Colombian striker Juan Pablo Ángel and LX News host Eric Alvarez will drop November 1 in English and Spanish.
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Read more >> Bitcoin’s Volatility Drops Below That of S&P500 IndexVolatility used to be one of...
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Read more >> Bitcoin’s Volatility Drops Below That of S&amp;P500 IndexVolatility used to be one of the most defining characteristics of the largest cryptocurrency, but it is not the case anymore Tesla Semi&#39;s 500-Mile Range Is Calculated With Cargo, Says MuskThe Tesla Semi aims to transition the trucking industry, but it has to have enough range and fast-charging capacity for it to make sense in many use cases. Game changer The world’s most credulous twitter account Are those boxes empty or contain cargo? Bitcoin May Gain Upper Hand Vs S&amp;P 500 and Surge: Bloomberg’s Mike McGloneBitcoin staying at $19,000 may be an indication of an enduring bull market, Bloomberg’s chief strategist believes S&amp;P 500 Index: Break above 3810/40 to open up September high of 4120 – SocGenS&amp;P 500 has staged a sharp rebound.
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Read more >> Bitcoin’s Volatility Drops Below That of S&P500 IndexVolatility used to be one of the most defining characteristics of the largest cryptocurrency, but it is not the case anymore Tesla Semi's 500-Mile Range Is Calculated With Cargo, Says MuskThe Tesla Semi aims to transition the trucking industry, but it has to have enough range and fast-charging capacity for it to make sense in many use cases. Game changer The world’s most credulous twitter account Are those boxes empty or contain cargo? Bitcoin May Gain Upper Hand Vs S&P 500 and Surge: Bloomberg’s Mike McGloneBitcoin staying at $19,000 may be an indication of an enduring bull market, Bloomberg’s chief strategist believes S&P 500 Index: Break above 3810/40 to open up September high of 4120 – SocGenS&P 500 has staged a sharp rebound.
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The index could extend its move higher on a break above the 3810/40 area, economists at Soci&#233;t&#233; G&#233;n&#233;rale report. D S&amp;P 500 Futures stays bearish as Treasury yields renew multi-year highRisk-aversion remains on the table during early Thursday, after returning from a break the previous day, amid fears of higher inflation and central ba Stock-market selloff may mean another 20% drop for S&amp;P 500, says Wall Street veteranThomas Peterffy, the chairman and founder of Interactive Brokers Group, thinks the S&amp;P 500 index could decline nearly 20% from Wednesday’s level to bottom at around 3,000. Covid lows incoming at minimum Afriex lets users transfer money through stablecoins in less time and at a lower cost than a wire .provided by Bloomberg, Bitcoin is now less volatile than the benchmark S&amp;P 500 index for the first time since mid-2020.F-150 Lightning .October 20, 2022 The screenshot from a recent Bloomberg report posted with the tweet, says that S&amp;P 500 has dropped around 20 percent this month so far.
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The index could extend its move higher on a break above the 3810/40 area, economists at Société Générale report. D S&P 500 Futures stays bearish as Treasury yields renew multi-year highRisk-aversion remains on the table during early Thursday, after returning from a break the previous day, amid fears of higher inflation and central ba Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteranThomas Peterffy, the chairman and founder of Interactive Brokers Group, thinks the S&P 500 index could decline nearly 20% from Wednesday’s level to bottom at around 3,000. Covid lows incoming at minimum Afriex lets users transfer money through stablecoins in less time and at a lower cost than a wire .provided by Bloomberg, Bitcoin is now less volatile than the benchmark S&P 500 index for the first time since mid-2020.F-150 Lightning .October 20, 2022 The screenshot from a recent Bloomberg report posted with the tweet, says that S&P 500 has dropped around 20 percent this month so far.
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.. Historically, the cryptocurrency king has been described as a risky and volatile asset. [+] trans...
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.. Historically, the cryptocurrency king has been described as a risky and volatile asset. [+] transfer.
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.. Historically, the cryptocurrency king has been described as a risky and volatile asset. [+] transfer.
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However, Ford tended to be very fair with the electric truck's range rating, such that it should...
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The largest cryptocurrency is currently valued at $367 billion.S. Some unexpected factor may interfe...
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However, Ford tended to be very fair with the electric truck&#39;s range rating, such that it should be able to achieve a relatively impressive electric driving range even while it&#39;s put through the paces. Afriex When Tope Alabi moved back to Nigeria in 2019 after 20 years in the U.
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However, Ford tended to be very fair with the electric truck's range rating, such that it should be able to achieve a relatively impressive electric driving range even while it's put through the paces. Afriex When Tope Alabi moved back to Nigeria in 2019 after 20 years in the U.
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The largest cryptocurrency is currently valued at $367 billion.S. Some unexpected factor may interfe...
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Musk shared via Teslarati: “We will begin ramping up production of the Tesla Semi. He and future c...
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The largest cryptocurrency is currently valued at $367 billion.S. Some unexpected factor may interfere and reverse the demand and adoption trends related to BTC, but McGlone. , he knew he wanted to start a company applying what he learned working at blockchain consultant Consensys.1 trillion.
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The largest cryptocurrency is currently valued at $367 billion.S. Some unexpected factor may interfere and reverse the demand and adoption trends related to BTC, but McGlone. , he knew he wanted to start a company applying what he learned working at blockchain consultant Consensys.1 trillion.
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Musk shared via Teslarati: “We will begin ramping up production of the Tesla Semi. He and future c...
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Musk shared via Teslarati: “We will begin ramping up production of the Tesla Semi. He and future cofounder John Obirije started testing a number of ideas ranging from a hip hop chat bot to a trivia game — all of which failed.
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Musk shared via Teslarati: “We will begin ramping up production of the Tesla Semi. He and future cofounder John Obirije started testing a number of ideas ranging from a hip hop chat bot to a trivia game — all of which failed.
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But they realized throughout the trial and error that they consistently ran into the same problem: t...
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They decided to create a money transfer system that utilized blockchain to enable users to send fund...
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But they realized throughout the trial and error that they consistently ran into the same problem: trying to pay business expenses for the various upstarts with money tied up in bank accounts in the U. However, Bitcoin failed to catch up with U.S.&quot; Musk was clear to note that traveling up an incline would obviously reduce the truck&#39;s range.
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But they realized throughout the trial and error that they consistently ran into the same problem: trying to pay business expenses for the various upstarts with money tied up in bank accounts in the U. However, Bitcoin failed to catch up with U.S." Musk was clear to note that traveling up an incline would obviously reduce the truck's range.
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They decided to create a money transfer system that utilized blockchain to enable users to send fund...
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This process makes the transaction free and quicker than an existing service like Wise which charges...
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They decided to create a money transfer system that utilized blockchain to enable users to send funds by converting them into stablecoins — which are cryptocurrencies backed by reserve assets. equities despite trading in tandem with them for virtually the entirety of the year.
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They decided to create a money transfer system that utilized blockchain to enable users to send funds by converting them into stablecoins — which are cryptocurrencies backed by reserve assets. equities despite trading in tandem with them for virtually the entirety of the year.
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This process makes the transaction free and quicker than an existing service like Wise which charges a 6.45% fee and can take a few days to process. It is not far-fetched to assume that such a long period of volatility could be followed by a major flush in leverage.
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access_time 60 minutes ago
This process makes the transaction free and quicker than an existing service like Wise which charges a 6.45% fee and can take a few days to process. It is not far-fetched to assume that such a long period of volatility could be followed by a major flush in leverage.
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Thomas Anderson 60 minutes ago
And the number of times people tell, ‘No, you can’t — it’s impossible to make a long-range h...
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“Things took off from there,” Alabi tells Forbes .         Bi...
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And the number of times people tell, ‘No, you can’t — it’s impossible to make a long-range heavy-duty Class 8 truck. They launched the service, Afriex, in 2019 and the traction was instant.
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And the number of times people tell, ‘No, you can’t — it’s impossible to make a long-range heavy-duty Class 8 truck. They launched the service, Afriex, in 2019 and the traction was instant.
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“Things took off from there,” Alabi tells Forbes . &#160;&#160;&#160;&#160;&#160;&#160;&#160; Bitcoin suffered sharp declines earlier this year together with stocks after the U.
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“Things took off from there,” Alabi tells Forbes .         Bitcoin suffered sharp declines earlier this year together with stocks after the U.
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Noah Davis 1 minutes ago
“I don&#39;t know if it was the pandemic but we really started growing fast. ” The service o...
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“I don&amp;#39;t know if it was the pandemic but we really started growing fast. ” The service originally focused on Nigeria and has since expanded into Uganda, Kenya and Ghana.
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“I don&#39;t know if it was the pandemic but we really started growing fast. ” The service originally focused on Nigeria and has since expanded into Uganda, Kenya and Ghana.
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Federal Reserve started hiking interest rates at a rapid pace. Tope Alabi is a cofounder and the CEO...
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Data from CB Insights found that more than $1.4 billion was invested into African fintech companies ...
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Federal Reserve started hiking interest rates at a rapid pace. Tope Alabi is a cofounder and the CEO of fintech Afriex. tlove..photographer@gmail.com Afriex launched amongst an explosion of fintech companies targeting underserved, and often overlooked, consumers in Africa.
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Federal Reserve started hiking interest rates at a rapid pace. Tope Alabi is a cofounder and the CEO of fintech Afriex. [email protected] Afriex launched amongst an explosion of fintech companies targeting underserved, and often overlooked, consumers in Africa.
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Data from CB Insights found that more than $1.4 billion was invested into African fintech companies in 2021, a nearly 7x increase over 2020. Fintech companies raised more than half of the $2.2 billion total of venture capital funding across the continent in 2021. One possible reason these companies are gobbling up capital is because they are seeing strong traction.
Andrew Wilson Member
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Data from CB Insights found that more than $1.4 billion was invested into African fintech companies in 2021, a nearly 7x increase over 2020. Fintech companies raised more than half of the $2.2 billion total of venture capital funding across the continent in 2021. One possible reason these companies are gobbling up capital is because they are seeing strong traction.
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Chloe Santos 25 minutes ago
Afriex processes more than $5 million in monthly transfers, Wise moves an average of &#163;4 bil...
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Afriex processes more than $5 million in monthly transfers, Wise moves an average of &amp;#163;4 billion ($5.2 billion) a month for comparison, but Afriex has grown its customer base by 500% in the last six months with half of its active users using the platform more than once a week. The startup makes money by arbitraging the currency and crypto exchange rates when a customer transacts. Afriex declined to share its revenue.
Elijah Patel Member
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Afriex processes more than $5 million in monthly transfers, Wise moves an average of &#163;4 billion ($5.2 billion) a month for comparison, but Afriex has grown its customer base by 500% in the last six months with half of its active users using the platform more than once a week. The startup makes money by arbitraging the currency and crypto exchange rates when a customer transacts. Afriex declined to share its revenue.
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It raised a $1. 3 million seed round last May and has just closed a $10 million Series A round at a ...
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It raised a $1. 3 million seed round last May and has just closed a $10 million Series A round at a $60 million valuation. The financing was coled by Sequoia Capital China and Dragonfly Capital with participation from Goldentree, Stellar Foundation and Exceptional Capital, among others.
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It raised a $1. 3 million seed round last May and has just closed a $10 million Series A round at a $60 million valuation. The financing was coled by Sequoia Capital China and Dragonfly Capital with participation from Goldentree, Stellar Foundation and Exceptional Capital, among others.
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