Bizao closes €8 million Series A with AfricInvest

Bizao closes €8 million Series A with AfricInvest

The pan-African private equity group led the financing round, including Paris-based Adelie and Seedstars Africa Ventures.

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            ▪ Bizao closes €8 million Series A with AfricInvest

▪ The pan-African private equity group led the financing round, including Paris-based Adelie and Seedstars Africa Ventures.

https://www.africabusinessplus.com/en/812782/bizao-closes-e8-million-series-a-with-africinvest-2/

With this first round of funding, the French payment solutions fintech for businesses and merchants active in ten countries on the continent (Burkina Faso, Cameroon, Côte d’Ivoire, Guinea, Mali, DRC, Senegal, Tunisia, Togo, Gabon) intends to enter new markets and invest in several new verticals, including entertainment, including pay-as-you-go and subscription-based payment solutions for video games, video or music streaming, SMEs and other fintechs.

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