ImaliPay, a $3 million seed fundraising round has been finalized for a Pan-African fintech start-up that focuses on boosting the gig economy through its one-stop-shop financial services platform. ImaliPay was founded in late 2020 in Nigeria after Tatenda Furusa (Co-founder) noticed problems with e-ride hailing drivers’ access to working capital and emergency savings in Nairobi. Upon…
ImaliPay, a fintech startup that bills itself as a one-stop shop for financial services, recently received a loan and equity investment of $3 million. In 2020, the fintech received a $800,000 pre-seed investment. Tatenda Furusa and Oluwasanmi Akinmusire founded it in late 2020 after Furusa witnessed the difficulties ride-hailing drivers faced in obtaining working capital…
Platform for financial services for gig economy workers ImaliPay has made South Africa its third major African market, following Nigeria and Kenya, with the goal of assisting more African gig economy workers in improving their financial security and shaping their journey to financial freedom. Tatenda Furusa and Sanmi Akinmusire co-founded ImaliPay in 2020 to provide…