Klasha a San Francisco, CA-based technology company transforming cross-border African commerce, announced an additional $2.1 million fundraising, to complete its $4.5 million seed round.
The funding round included Amex Ventures - its first investment in an African-focused startup. Klasha’s funding round also included Global Ventures, a leading MEA-focused venture capital firm.
The latest funding is Klasha’s commitment to improved commerce for Africans and simplifying cross-border payments so that businesses can expand into a market full of energized consumers.
Company: Klasha, Inc.
Round: Seed Round
Funding Month: June 2022
Additional Investors: Amex Ventures, Global Ventures
Company Website: https://klasha.com/
Software Category: SaaS e-commerce platform
About the Company: Launched in May 2021 by a team with combined experience at Amazon, PayPal, Mastercard, Shopify, and Net-a-Porter, Klasha is a technology company that builds cross-border commerce solutions for African consumers and international businesses wanting to sell into Africa. Klasha mission is to make consumer goods and services online more accessible to customers across Africa, Klasha built the KlashaCheckout which allows African consumers to transact online across borders in local African currencies alongside an entire toolkit of software products KlashaWire, KlashaCargo, Payment Links, and KlashaCart.