Pan-African Fintech Moment Raises USD 22 M Series A To Expand Payment Infrastructure

Fintech Moment raises $22m for African payments

The pan-African platform, which processes 600,000 transactions daily, aims to expand across fragmented payment markets. The post Fintech Moment raises $22m for African payments appeared first on Gadget.

Pan-African Fintech Moment Raises USD 22 M Series A To Expand Payment Infrastructure

Moment, a Cape Town-headquartered pan-African fintech, has raised USD 22 M in a Series A round led by AlphaCode Venture Partners, with follow-on backing from General Catalyst and MultiChoice, and new investment from Canal+. Founded by Joel Yarbrough, the company provides payment infrastructure that enables enterprises to collect payments across cards, bank transfers, mobile money, e-wallets, recurring debits, and in-person channels. Since its la…