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# Africa-focused tech infrastructure startup Thepeer raises $2.1 million in seed round
- URL: https://www.techloy.com/africa-focused-tech-infrastructure-startup-thepeer-raises-2-1-million-in-seed-round/
- Published: 2022-06-22T09:11:28.000Z
- Updated: 2022-12-08T01:42:01.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Tech in Africa

[Thepeer,](https://thepeer.co/) an Africa-focused tech infrastructure startup has raised $2.1 million in its seed round funding led by the Raba partnership. 

- The firm intends to develop more functionalities and wallets in other currencies, hire more talents, and improve its products.
- Thepeer powers infrastructure for small and medium sizes fintech businesses alongside API for easy money movement for businesses and their customers.
- Rali\_cap Ventures, Timon Capital, BYLD Ventures, Musha Ventures, Sunu and Uncovered Fund, Chipper Cash, and Stitch invested in the round.