TechFlow, on December 5, HUB2, a fintech company headquartered in Côte d'Ivoire, has secured $8.5 million in Series A funding led by pan-African early-stage investor TLcom Capital, with participation from FMO, Enza Capital, Bpifrance, and Eric Barbier, founder of Thunes.
HUB2 is dedicated to building a unified payment infrastructure for Francophone Africa, simplifying mobile payments, bank transfers, card payments, and cryptocurrency transactions through a single API to enable payment interoperability.
Founder Ashley Gauzere said the company aims to address the fragmented payment landscape in Francophone Africa and currently serves 55 fintech companies including Wave, Orange, and MTN. Moving forward, HUB2 plans to launch cross-border payment services and stablecoin-based remittance solutions while expanding its market reach across Africa.
