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Startups

VertoFX Appoints JumiaPay’s MD Dr. Austin Okpagu as Nigeria Country Manager

VertoFX, the fintech providing cross-border payments, FX and banking solutions across emerging markets, has appointed Dr. Austin Okpagu as its first Country Manager for Nigeria and the broader West African region.  Most recently serving as Managing Director at JumiaPay, Okpagu...
Startups

VertoFX raises $10m in a Series A funding round for cross border payments in Africa

VertoFX, a global B2B payments platform, which helps businesses move money across borders seamlessly and instantly, has raised $10 million to continue its B2B payments mission and expand into emerging markets such as Africa, a region where SMEs cross-border...
Startups

VertoFX, cross-border payments and forex firm raises $2.1m to scale into Africa

VertoFX has raised $2.1m to build a cross-border payments platform for Africa and other emerging markets, just months after graduating from YCombinator. Founded in 2017 by Nigerian-born, British ex-bankers Anthony Oduwole and Ola Oyetayo, VertoFX aims to make cross-border payments...
Business

Verto Launches New Lagos Hub to Expand West African Presence

 Verto, has unveiled a new strategic office in Lagos, Nigeria in a move to deepen its West African operations. The Lagos office, located at 21 Ahmed Onibudo Street, Victoria Island, will serve as a central base for enhancing local customer...
Business

Verto Launches Nairobi Office to Serve East Africa

Verto, a cross-border payments and foreign exchange for businesses firm, has launched a new strategic hub in Nairobi, Kenya to serve the East African region. Located at The Address, Muthangari Dr, Nairobi, Kenya, the Nairobi hub will serve as a...
Startups

Verto Launches Atlas, an API for Fintechs & Marketplaces

Verto, a B2B global payments platform, has launched The Atlas Suite, an API platform for financial institutions, online marketplaces, and digital platforms to integrate global payment services seamlessly. Verto says the API is available to all its customers worldwide and...
Startups

Verto Launches Verto Reserve in Kenya & Nigeria

Verto, a cross-border payments platform, has launched its Verto Reserve that allows businesses to earn interest on their holdings in G10 and African currencies regardless of their country of incorporation. Kenya's BusinessTech reports that Verto customers can earn up 10%...
Startups

The Milken-Motsepe Prize announces 10 teams receiving $100,000 each in funding

The Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, with each team receiving $100,000 in funding. Responding to a global call for applications, this prize supports innovative...
Startups

Nigerian B2B payments platform Verto secures $10m Series A round for expansion.

Verto, a Nigerian B2B payments platform that allows small and medium-sized businesses (SMEs) to pay their suppliers in over 200 countries and 39 currencies, has secured a US$10 million Series A investment to expand its geographical reach. Verto, founded in...

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