VC Bay: San Francisco-based fintech startup Klasha raises USD 4.5 million in Seed funding

Klasha, based in Lagos and San Francisco, has raised an extra US $2.1 million to round up its US $4.5 million seed round on 7th June 2022. The startup, which offers a variety of cross-border commerce products across Africa, received new funding from a group of international investors led by American Express (AMEX) Ventures, the company’s strategic investment arm.

This is AMEX Ventures’ first investment in an African startup. Global Ventures, a MENA-focused VC financed by Tabby, Helium Health, and Paymob, co-led the deal alongside the business.

Greycroft, Seedcamp, Plug & Play, Berrywood Capital, and Breega, among others, doubled down on the company’s initial seed round.

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