Nigerian Fintech, Brass, Secures $1.7mn Financing Round “to bet on African SMEs”
“Africa’s new bank for startups and SMEs” to expand to South Africa & Kenya following funding
Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and fast-growing businesses. The financing round sees participation from Olugbenga ‘GB’ Agboola (Co-Founder of Flutterwave), Ezra Olubi (Co-Founder of Paystack, acquired by Stripe), Hustle Fund, Acuity Ventures, Uncovered Fund and Ventures Platform. The new funding will play a key role in accelerating Brass’ expansion into South Africa and Kenya - just a year after launch, and will kickstart a range of new product categories, including an ex...