Launch Africa Ventures in Algeria deal
Launch Africa Ventures has announced an investment in VaulFi, an Algerian fintech company.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
Launch Africa Ventures has announced an investment in VaulFi, an Algerian fintech company.
VaulFi provides users with an e-wallet that enables them to open multi-currency accounts, send and receive money globally, and access both virtual and physical cards.
"VaulFi is poised to disrupt the traditional financial services landscape in Algeria. As the first compliant platform to introduce multi-currency accounts, they offer a groundbreaking solution for remittances, e-payments, and digital banking," Launch Africa stated.
Safa Korti is the co-founder and CEO of VaulFi.
Stay ahead in Africa's private equity and venture capital sector with Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe here