The company, which is described a “neobank for Africans, anywhere in the world,” was facing obstacles due to a lack of investor familiarity with the African market. Crowdfunding, it says, has been a way around those obstacles. Another company, Jetpack, took in $250,000 from more than 800 people using a similar tactic on its way to ultimately raising $1.5 million.
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Crowdfunding Helps Fill VC Gaps for African Fintechs
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