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# Africa-focused fintech Zazuu raises $2 million to advance its payment marketplace
- URL: https://www.techloy.com/africa-focused-fintech-zazuu-raises-2-million-to-advance-its-payment-marketplace/
- Published: 2022-07-13T11:55:19.000Z
- Updated: 2022-12-08T01:25:18.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in Africa

[Zazuu,](https://zazuu.co/) a fintech startup helping people in the diaspora to have better payment and credit services online has raised $2 million in its new funding round, to scale its cross-border payment marketplace.

- The fund will be invested in expanding its customer base, increasing its talent team, and scaling its new offering, Pay with Zazuu beyond Nigeria and Ghana.
- Zazuu evolves from being a chatbot in 2020 providing remittance information to a full-stack aggregator with over 17 money transfer companies serving the US, Canada, and seven other European countries.
- The startup has grown 2.3x in Q1 this year compared to 2021\.
- Launch Africa, Founders Factory Africa, Hoaq Club, Tinie Tempah, a British rapper, Jason Ijoku of iROKOtv, and Babs Ogundeyi of Kuda invested in the round.