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Cross-border payment platform Accrue completes $1.58 million seed round financing, led by Lattice Fund
PANews, January 26th, Accrue, a cross-border payment platform in Africa, announced the completion of a $1.58 million seed round of financing, led by Lattice Fund, with Maven 11, LAVA, Kraynos Capital, and others following. At the same time, the company celebrated its third anniversary. Accrue, founded by Zino, Clinton, and Adesuwa in 2021, initially focused on Auto-Invest applications for encryption and stocks. After experiencing a market downturn in 2022, the company transformed and launched the cross-border payment tool Cashramp, which has now become its main source of revenue and achieved profitability in mid-2023. Currently, Accrue has served over 200,000 African users. This round of financing will be used to expand payment infrastructure, optimize product features, expand the team, and further promote innovation and growth.