Zeepay additional terminates remittances into Mobile Money Wallets throughout all networks, together with its personal wallets accessible in six nations. Zeepay has a monetary inclusion partnership with UNCDF.
This 12 months marks Zeepay’s ten years of existence. The firm has over 200 workers, with workplaces throughout Africa, Europe, and the Caribbean.
Andrew Takyi-Appiah, Managing Director of Zeepay, stated, “We are completely happy to welcome Verdant Capital Hybrid Fund, our new shareholder, into the enterprise. Making it the fifth institutional shareholder in lower than three years after the preliminary funding by I&P. The new funding raised will likely be used to strengthen our monetary place in help of our excessive development in 2024.”
Kwabena Appenteng, Director at Verdant Capital, stated, “Zeepay offers investors like Verdant an attractive combination of hard currency earnings through its remittance-to-the-wallet business and growth opportunities across the continent. As a testament to the strength of the management team at Zeepay. The business reached profitability earlier in its lifecycle than other fintechs and has maintained strong profitability while growing and diversifying its footprint and revenue base.”
Zeepay was suggested by JLD & MB Legal Consultancy, the premier and award-winning company and industrial regulation agency in Ghana.