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Afriex - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Afriex including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Afriex company logo

Send and receive money in minutes 💸

Afriex makes it easy for immigrants to send money home by offering instant no-fee remittances to and from over 25 countries around the world.

HeadquartersSan Francisco, United States
Team size51-100
Founded2019

What is Afriex? - Company Overview & Details

Afriex is Afriex makes it easy for immigrants to send money home by offering instant no-fee remittances to and from over 25 countries around the world. Founded in 2019, the company is headquartered in San Francisco, United States.

Who Founded Afriex?

Afriex was founded by Tope Alabi, Obirije John.

Who are the Key Executives at Afriex? - Leadership Team

Afriex is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Afriex

Tope AlabiCEO

Chief Technology Officer (CTO) of Afriex

Obirije JohnCTO

About Tope Alabi - CEO of Afriex

Tope Alabi serves as the Chief Executive Officer of Afriex, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Afriex Company Details & Key Information

Where is Afriex located?

Afriex is headquartered in San Francisco, United States.

How many employees does Afriex have?

Afriex has 51-100 employees.

When was Afriex founded?

Afriex was founded in 2019.

Afriex Official Website

How much funding has Afriex raised?

Afriex has raised $10 million across 5 funding rounds. The most recent funding was completed on 2022-04-29.

Funding Overview

Afriex raised $10 million in a Series A funding round to expand its blockchain money transfer platform, making it easier for users to send money internationally.

$10 million
Total Funding Raised
5
Funding Rounds
2022-04-29
Latest Round

Afriex Funding History

Series A
2022-04-29
$10 million$60 million valuation

Who are the key investors in Afriex?

Afriex is backed by 5 key investors including Sequoia Capital, Dragonfly Capital, Goldentree Asset Management. These investors focus on Technology, Fintech, Blockchain sectors.

Afriex Investor Overview

5
Key Investors
4
Focus Areas
4
Notable Investments

Complete List of Afriex Investors

Sequoia Capital

A leading venture capital firm known for supporting innovative startups.

Investment Focus
Technology
Fintech
Notable Portfolio Companies
Airbnb
Stripe

Dragonfly Capital

A venture capital firm focused on cryptocurrency and blockchain investment.

Investment Focus
Blockchain
Cryptocurrency
Notable Portfolio Companies
Chainalysis
Bitso

Goldentree Asset Management

Stellar Foundation

Exceptional Capital

What sectors do Afriex investors focus on?

The investors backing Afriex primarily focus on Technology, Fintech, Blockchain, Cryptocurrency sectors.

Technology
Fintech
Blockchain
Cryptocurrency

Featured Investor: Sequoia Capital

Sequoia Capital

A leading venture capital firm known for supporting innovative startups.

Notable Investments: Airbnb, Stripe

What are Afriex's future plans?

Afriex Afriex aims to unlock financial opportunities for Africans through innovative remittance solutions.

Afriex Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Afriex face?

Afriex has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Afriex

1

Navigating regulatory environments

2

Competing with established money transfer services

What opportunities does Afriex have?

Afriex has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Afriex

1

Expanding into new markets

2

Enhancing product offerings

Afriex Strategic Position Summary

Key Focus Areas

Afriex is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Afriex?

Afriex has 2 recent news updates covering key business developments and market activities.

Afriex News Overview

2
Recent Articles
Active
Media Coverage
2022-04-28
Latest Update

What is Afriex in the news for?

Afriex is currently featured in news for Nigerian FinTech Afriex Raises $10 Million in Series A Funding and other significant business developments.

Recent News Articles About Afriex

Article 1
2022-04-28

Nigerian FinTech Afriex Raises $10 Million in Series A Funding

A Nigerian Fintech startup, Afriex, has raised a $10 million Series A round led by Sequoia Capital China and Dragonfly Capital.

ripplesnigeria.com
Read News
Article 2
2024-07-18

Afriex Launches Global Accounts to Transform Cross-Border Payments

Afriex, a fintech company revolutionising cross-border payments, has launched a groundbreaking new feature, Global Accounts.

leadership.ng
Read News

Afriex FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Afriex including information about founders, CEO, funding history, investors, headquarters location, and company details. 19 frequently asked questions covering key information about the company.

Afriex Questions & Answers - Company Information

Q1

What is Afriex?

Afriex makes it easy for immigrants to send money home by offering instant no-fee remittances to and from over 25 countries around the world.

Q2

Who founded Afriex?

Afriex was founded by Tope Alabi, Obirije John.

Q3

Who is the CEO of Afriex?

The CEO of Afriex is Tope Alabi. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Afriex raised?

Afriex has raised a total of $$10 million across 5 funding rounds. The most recent funding was completed on 2022-04-29.

Q5

Who are the investors in Afriex?

Afriex's key investors include Sequoia Capital, Dragonfly Capital, Goldentree Asset Management, Stellar Foundation, Exceptional Capital.

Q6

Where is Afriex headquartered?

Afriex is headquartered in San Francisco, United States.

Q7

When was Afriex founded?

Afriex was founded in 2019.

Q8

How many employees does Afriex have?

Afriex has 51-100 employees.

Q9

What is Afriex's official website?

You can visit Afriex's official website at https://www.afriexapp.com/.

Q10

What was Afriex's latest funding round?

Afriex's latest funding round was a Series A round of $$10 million completed on 2022-04-29.

Q11

Who is founder?

Tope Alabi

Q12

Who is cto?

Obirije John

Q13

What does the company do?

Afriex makes it easy for immigrants to send money home by offering instant no-fee remittances to and from over 25 countries around the world.

Q14

How much funding?

$10 million

Q15

Latest funding date?

2022-04-29

Q16

Who are the investors?

Sequoia Capital Dragonfly Capital Goldentree Asset Management Stellar Foundation Exceptional Capital

Q17

What are the challenges?

Navigating regulatory environments Competing with established money transfer services

Q18

What are the opportunities?

Expanding into new markets Enhancing product offerings

Q19

Latest news?

A Nigerian Fintech startup, Afriex, has raised a $10 million Series A round led by Sequoia Capital China and Dragonfly Capital. Afriex, a fintech company revolutionising cross-border payments, has launched a groundbreaking new feature, Global Accounts.

More Information About Afriex

For additional details about Afriex, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.