PANews reported on January 26 that the African cross-border payment platform Accrue announced the completion of a $1.58 million seed round of financing, led by Lattice Fund, followed by Maven 11, Lava, Kraynos Capital, etc., and celebrated its third anniversary. Accrue was founded by Zino, Clinton and Adesuwa in 2021, and initially focused on fixed investment applications for cryptocurrencies and stocks. After experiencing the market downturn in 2022, the company transformed and launched the cross-border payment tool Cashramp, which has now become the main source of revenue and will be profitable in mid-2023. Currently, Accrue has served more than 200,000 African users. This round of financing will be used to expand payment infrastructure, optimize product functions and expand the team size to further promote innovation and growth.
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