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Afriex

Afriex

Private
Oakland, CaliforniaFinTechhttps://www.afriex.com/

Last Round

Series A

Apr 25, 2022

Est. Valuation

$60M

Total Funding Raised

$11.33M

Company Overview

Afriex is a financial technology company that operates a cross-border money transfer platform designed to simplify international remittances for the African diaspora.

Sector

FinTech

Verticals

Digital Payments, Foreign Exchange, Digital Wallets, Digital Banking

Business Model

B2C

Customer Profile

Payment Processing Fee, Usage-Based SaaS

AI Layer

Infrastructure

Keywords

remittancecross-border paymentsmoney transferdigital walletforeign exchangeFXpayment APIB2B paymentsmoney transfer appfintechmodel context protocolMCPAI agent paymentsneobankcross-border payroll

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Afriex Comps

Public and private peers based on sector, stage, and business model.

Afriex comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Afriex Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AApr 25, 2022
SeedMar 23, 2021
AcceleratorAug 25, 2020

Key People

Founding team and executive leadership

Obirije John

Co-Founder CTO

Founding Team

Afriex Investors

Notable investors and investment history

Afriex Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Afriex Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersOakland, California
Employee Range85
Year Founded2019
Last FundingApr 25, 2022

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