• About
  • Advertise
  • Careers
  • Contact Us
Wednesday, June 25, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Business StartUPs

Ghana’s Zeepay Gets Additional $10 Million Debt Funding From Verdant Capital

by Joan Aimuengheuwa
March 27, 2025
in StartUPs
0
ZeePay in Ghana
ZeePay app

ZeePay app

UBA
Advertisements

Ghana- and UK-based fintech company, Zeepay has received a $10 million medium-term debt capital from South Africa’s Verdant Capital.

Targeted at supporting Zeepay’s fast-growing remittance to wallet business, the capital forms part of its A.5 series raised recently.

Zeepay seeks to go beyond its 2021 milestone, where it processed $1.8 billion in transaction volumes, cross-border and domestically. The company wants to reach a $200 billion milestone in annual transaction volumes in the long-term.

Godfried Boakye, CFO of Zeepay, said: “The raise had become mission critical as we expand our service offering and African expansion.”

Zeepay’s business is enjoying multiple growth drivers, including growth in the number of mobile wallets in recipient populations, as well as growth in the termination of the wallet as a percentage of global remittances. 

The Fintech is expanding its value-added services (VAS) including credit offering and broadening and deepening its footprint in Africa — now terminating into 20 African countries. Zeepay is also expanding into the important Caribbean and Latin American markets.

Kwabena Appenteng, of Verdant Capital, said: “We are delighted to see the close of this component of the round, and urge local financial institutions and pension funds to find their niche, to enable them to participate alongside international lenders in the future as we work to deepen the African fintech ecosystem”.

JLD & MB Legal Consultancy, acted as legal counsel to Zeepay in connection with the funding, led by Zoe P. Takyi-Appiah, a senior partner at the firm.

Loading

Advertisements
MTN ADS

0Shares
Tags: Godfried BoakyeKwabena AppentengVerdant CapitalZeepay
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Next Post

Nollywood Actress, Stella Damasus Joins NW Tech Capital as Lead Talent Acquisition Consultant

Recommended

Dheeraj - traditional Customer Experience

The End of Traditional Customer Experience and the Rise of Consumer Dictatorship

3 months ago
NNPC Ends Lawsuit Against Seplat’s $1.28B Acquisition of ExxonMobil’s Nigerian Assets

NNPC Ends Lawsuit Against Seplat’s $1.28B Acquisition of ExxonMobil’s Nigerian Assets

1 year ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.