GOODsoil VC, an Africa-focused early-stage venture capital firm, has invested $940,000 seed capital in Ghanaian fintech company Zeepay.

Zeepay focuses on digital rails to connect digital assets. The company has a footprint in more than 20 African markets and, in April 2020, became the first indigenous company to be awarded the electronic money issuer (EMI) licence to operate as a mobile financial services company by the Bank of Ghana, the regulator of banking and financial services.