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June 8, 2022

News of Canada: Nigerian startup Klasha gets another $ 2.1 million for her cross-border trade – TechCrunch

Lagos and San Francisco-based Klasha have received an additional $ 2.1 million to complete their $ 4.5 million seed round. The startup, which supplies more products to the cross-border trading area in Africa, raised this new funding from a group of international investors led by American Express (AMEX) Ventures, the strategic investment group for American Express.

This investment is AMEX Ventures’ first in an African startup. The company led the round along with Global Ventures, the MENA-focused VC that has supported people like Tabby, Helium Health and Paymob. “I think the fact that AMEX is now investing in the continent, especially after investing in companies like Stripe, is really powerful,” Klasha CEO Jessica Anuna told TechCrunch, adding that Global Ventures is coming on board as well. the company.

Investors from its first seed tranche, such as Greycroft, Seedcamp, Plug and Play, Berrywood Capital and Breega doubled.

Read more here.

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