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Ghana's Zeepay Joins Africa's Venture Debt Surge With USD 18 M Deal

Summary by WeeTracker
Ghanaian fintech Zeepay has raised USD 18 M in senior secured venture debt to power its rapid expansion across Africa and the Caribbean, cementing its position as one of West Africa’s leading non-telco mobile money players. The deal, structured by investment firm Verdant IMAP, marks a major milestone for the company, which has become a key bridge between international remittance flows and local mobile wallets. The funds will primarily go toward …
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WeeTracker broke the news in on Friday, May 2, 2025.
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