Accrue, a trailblazing cross-border payment platform, has secured $1.58 million in a seed funding round aimed at revolutionizing payment infrastructure across Africa. The round was led by Lattice Fund, with strong participation from notable investors including Maven 11, Lava, Kraynos Capital, Distributed Capital, and a select group of strategic angel investors.
This funding marks a critical milestone in Accrue’s mission to simplify and enhance cross-border transactions for businesses and individuals across the continent. With the new investment, the company plans to expand its payment infrastructure, introduce innovative product offerings, and invest in building a world-class team that will drive the next phase of its growth.
“This is more than just an investment—it’s a vote of confidence in our vision to create seamless and scalable payment solutions for Africa,” shared Clinton, Adesuwa, and Zino, the co-founders of Accrue. “Our mission has always been to unlock the potential of cross-border payments for everyone, from individuals sending money home to businesses expanding across borders.”
Founded three years ago, Accrue has positioned itself as a key player in Africa’s fast-growing fintech ecosystem by addressing critical challenges in cross-border payments, including high fees, limited accessibility, and slow transaction times. By leveraging cutting-edge technology and deep market insights, the platform has made financial transactions simpler, faster, and more transparent.
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The timing of this announcement is particularly special, as it coincides with Accrue’s third anniversary. Reflecting on the journey so far, the co-founders expressed gratitude to their users, partners, and supporters: “You are at the heart of everything we do. Your trust, feedback, and belief in our vision have fueled our growth over the past three years. This is just the beginning, and we’re excited to continue building something truly transformative with you.”
As Accrue looks to the future, the company is set to broaden its reach, bringing its efficient payment solutions to more people and businesses across the continent. The investment will also enable the team to double down on enhancing its core infrastructure, ensuring scalability as it taps into Africa’s growing digital economy.
The announcement signals a promising future for the platform as it solidifies its position as a game-changer in cross-border payments. With this funding, Accrue aims to bridge financial gaps and drive economic inclusion across Africa, empowering businesses and individuals to achieve more.
