Afriex: Funding, Investors & Team (Oct 2026)
Afriex is a pioneering platform that allows its users to send and receive money to anybody around the globe. We use stablecoins to offer the fastest and cheapest remittance service to over 30 countries around the world.
Afriex has raised $11.2M across 2 funding rounds on record, the most recent a Series A of $10.0M announced in Apr 2022.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Afriex Company Profile and Key Stats
Latest funding round on record: Apr 2022.
Afriex Funding Rounds
Afriex raised $1.2M in a Seed announced in Mar 2021.
1.1 years later, a Series A of $10.0M was announced in Apr 2022.
Afriex Founders and Leadership Team
No contact details are on record for this team yet.
Afriex Funding Compared to Other Financial Services Startups
Afriex's latest round of $10.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Afriex Funding FAQs
What does Afriex do?
Afriex is a pioneering platform that allows its users to send and receive money to anybody around the globe. We use stablecoins to offer the fastest and cheapest remittance service to over 30 countries around the world.
How much funding has Afriex raised?
Afriex has raised $11.2M across 2 rounds on record. The most recent is a Series A of $10.0M announced in Apr 2022.
When did Afriex last raise funding?
Afriex's most recent funding round on record is a Series A of $10.0M, announced in Apr 2022.
Who is the CEO of Afriex?
Tope Alabi is listed as CEO at Afriex.
Where is Afriex headquartered?
Afriex is based in Oakland, California, United States.
How many employees does Afriex have?
Afriex is in the 11-50 employee band.
How does Afriex's funding compare to other Financial Services startups?
Afriex's latest round of $10.0M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Afriex Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Afriex is left off this page rather than filled in.
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