TechFlow News, January 26 — African cross-border payment platform Accrue announced a $1.58 million seed funding round led by Lattice Fund, with participation from Maven 11, Lava, Kraynos Capital, and others.
Founded in 2021 by Zino, Clinton, and Adesuwa, Accrue initially focused on a dollar-cost averaging app for crypto and stocks. After navigating the market downturn in 2022, the company pivoted to launch Cashramp, a cross-border payment solution that has since become its primary revenue driver and achieved profitability by mid-2023.
The new funds will be used to expand payment infrastructure, enhance product features, and grow the team, further driving innovation and growth.
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