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Raenest offers financial accounts, payment cards, and payroll services for African businesses and individuals.
Raenest provides multi-currency and virtual accounts, payment cards, and payroll services to businesses and individuals across Africa. Its platform supports cross-border payments through bank transfers, PayPal, and Wise. Founded in 2022, it is based in Lagos, Nigeria. It raised USD 11 million in Series A funding on February 11, 2025, led by QED Investors, with Norrsken22, Ventures Platform, Seedstars, and P1 Ventures participating.
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