Cauridor is transforming the payment landscape in Africa by developing a platform that simplifies and reduces the cost of cross-border payments in regions like Francophone Africa. With $3.5 million in recent funding, Cauridor offers mobile wallets, bank transfers, and cash pickups through a vast network of 25,000 agents in several West African countries. The founders, who faced difficulties with remittances while studying abroad, are dedicated to enhancing financial services for underserved populations, leveraging partnerships with major players to establish effective remittance corridors.
Cauridor's hybrid approach, combining cash networks with digital infrastructure, aims to simplify cross-border payments in Africa, addressing the region's long-standing financial service challenges.
With recent seed funding, Cauridor is enhancing its payment rails for merchants and banks, enabling faster, more affordable transactions across several West African nations.
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