Waza is excited to announce that it has raised $8 million in Seed Funding to advance its mission of simplifying business payments in Nigeria and other emerging markets.

This funding will help Waza scale its operations and enhance its financial solutions for African businesses, traders, and major organizations managing global payments. Since launching in January 2023, Waza has processed over $700 million in payments for businesses across Nigeria, Ghana, and other countries, including the USA, China, Germany, and the UK.

Waza thanks its customers for their trust and its partners and investors—Timon Capital, Y Combinator, Norrsken, Byld, and Plug and Play Tech Center—for their support in revolutionizing business payments.

This new capital will enable Waza to expand into new markets and introduce innovative trade finance solutions.