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# Nigerian fintech startup Klasha raises an additional $2.1 million in seed round
- URL: https://www.techloy.com/nigerian-fintech-startup-klasha-raises-additional-2-1-million-in-seed-round/
- Published: 2022-06-07T16:48:06.000Z
- Updated: 2022-12-08T01:08:43.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in Nigeria

[Klasha,](https://klasha.com/) a Nigeria and San Francisco-based payment solution firm has raised an additional $2.1 million in its seed round funding at a total of $4.5 million. 

- The funds will help the startup to expand in streamlining cross border commerce from Africa to the rest of the world.
- Klasha is solving the problems merchants and consumers face when they pay for products online using different channels.
- The firm uses one API to enable KlashaCheckout where merchants outside Africa can receive payment from Nigeria, Zambia, Tanzania, Uganda, South Africa, and Kenya, and KlashaWire, a channel that allows merchants in the six focus countries to pay their suppliers in local currencies.
- American Express (AMEX) Ventures, an investment group of American Express co-led the new round with Global Ventures.