Wapi Pay, a fintech company based in Singapore and headquartered in Kenya, has raised $2.2 million in pre-seed funding to scale up global payments and remittances between Africa and Asia. The investors included EchoVC, China-based global fund MSA Capital and Kepple Africa Ventures.

Existing investors are Future Hub, Gobi Ventures and Transsion Holding.

Eddie Ndichu, co-founder at Wapi Pay, commented on this funding milestone: “These funds will help Wapi Pay diversify our produ...