Ghana | UK
2021 | 2023
USD 35 M
Sole Financial Advisor and Arranger
Verdant IMAP acted as the sole financial advisor and arranger for Zeepay, a Ghana-based fintech leader, on three critical funding rounds across 2021 and 2023, totaling USD 35 million. Founded in 2014, Zeepay has pioneered digital remittance services in Africa, focusing on creating an accessible and efficient mobile financial ecosystem. In 2021, Verdant IMAP advised Zeepay on an initial Series A capital raise, supporting Zeepay’s acquisition of Mangwee Zambia and bolstering its expansion into new markets. By mid-2023, Verdant IMAP facilitated additional Series A.5 funding to drive Zeepay’s continued growth and expand its infrastructure for cross-border and peer-to-peer remittance services. […]
Verdant IMAP Advises Zeepay on Series A and Series A.5 Capital Raises
Verdant IMAP acted as the sole financial advisor and arranger for Zeepay, a Ghana-based fintech leader, on three critical funding rounds across 2021 and 2023, totaling USD 35 million. Founded in 2014, Zeepay has pioneered digital remittance services in Africa, focusing on creating an accessible and efficient mobile financial ecosystem.
In 2021, Verdant IMAP advised Zeepay on an initial Series A capital raise, supporting Zeepay’s acquisition of Mangwee Zambia and bolstering its expansion into new markets. By mid-2023, Verdant IMAP facilitated additional Series A.5 funding to drive Zeepay’s continued growth and expand its infrastructure for cross-border and peer-to-peer remittance services. In November 2023, Verdant IMAP arranged a follow-on, bringing Zeepay’s total capital raised to USD 35 million.
Zeepay’s innovative platform now captures approximately 10% of global mobile money remittance volumes, significantly contributing to Africa’s digital financial landscape. The company’s solutions promote financial inclusion, supporting last-mile, self-redeemable payments across Africa.