REasy, a fintech startup focused on simplifying international payments for African SMEs, has announced the successful completion of a USD 1.8 million pre-seed funding round, marking a major milestone in its mission to streamline cross-border trade across the continent.
The funding round drew participation from a strong consortium of investors, including Launch Africa Ventures, 54 Collective, Ingressive Capital, Digital Africa, Cameroon Angels Network, Dakar Network Angels DNA, Techmind, and several prominent international business angels. This backing underscores growing investor confidence in REasy's vision to modernize Africa's payment and trade infrastructure.
In partnership with the Bank of Central African States BEAC, REasy achieved a historic regulatory milestone by co-designing the first-ever foreign exchange framework tailored for importing SMEs. This new system allows small businesses to conduct compliant and instant international payments, even for transactions below USD 10,000-a breakthrough that significantly reduces delays and costs for cross-border trade.
