HUB2 banks $8.5M to become the 'Stripe for Francophone Africa' | TechCrunch
Briefly

HUB2 aims to become the 'Stripe for Francophone Africa', addressing e-commerce challenges with innovative payment solutions to enhance international transactions and financial accessibility.
Founded by Ashley Gauzere in 2019, HUB2 has already partnered with 55 neobanks and payment companies, and recently raised $8.5 million to improve its technology and expand services.
The fragmented financial landscape in Francophone Africa, characterized by siloed mobile banking operators and low banking penetration, presents unique challenges that HUB2 seeks to address through its API offering.
Inspiration drawn from global giants like Stripe, HUB2's ambition is to unify payments and transactions across the region, providing a seamless solution for merchants and financial institutions.
Read at TechCrunch
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