CinetPay is closing in on Francophone Africa dominance after 5 years of grudgingly bootstrapping

CinetPay is closing in on Francophone Africa dominance after 5 years of grudgingly bootstrapping

2016 is the year. Idris Marcial Monthe recently completed the Abidjan Founders Institute. Monthe was feeling quite confident after an incredible three months of learning from the best. With little to no experience in the financial sector, he and Daniel Dindji had just launched their payment gateway, CinetPay, in the same year. They met at…

CinetPay

CinetPay, an Ivory Coast-based fintech startup, raises $2.4m seed round from Flutterwave and 4DX Ventures

CinetPay, an Ivory Coast-based startup that provides a digital finance platform that allows merchants in Francophone Africa to accept and make payments seamlessly, has raised a US$2.4 million seed funding round from 4DX Ventures and Flutterwave to expand its sales and marketing efforts across nine markets in West and Central Africa. CinetPay has processed over…