ThankUCash – an African loyalty and deals company – has closed a $5.3 million funding round.

VC firms 500 Global and Unicorn Growth Capital co-led the Lagos-based company’s seed round. It saw participation from US-based accelerator Expert Dojo, Predictive VC, SaaS Growth Ventures, Betatron Venture Group and Accelerex Holdings. Individual investors like Andrew Dell, former CEO of HSBC Africa, and Craig Fenton of Google UK also took part.

The company plans to use the investm...