Fintech startup ImaliPay secures investment from TEN13 to expand and accelerate its growth

AFRICA – TEN13, an Australian venture capital firm, has invested an undisclosed amount of pre-seed funding in ImaliPay, an African-based fintech start-up. Other investors included in the raise are: Finca Ventures, Optimiser Foundation, Mercycorps Ventures, Changecom, and super angels from Norway, Nigeria, UK, and Kenya. The primary aim of the investment is to expand and accelerate its growth and footprint in Kenya, Nigeria, and South Africa to be the one-stop-shop for gig workers’ financial needs. TEN13’s backing of ImaliPay follows a recent string of events that has elevated the visibility…

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