FundedIQ
Financial Services

REXIAL: Funding, Investors & Team (Sep 2026)

REXIAL is streamlining the process of direct debit by allowing businesses to securely collect recurring payments from customers using ACH payments, at significantly lower fees compared to credit or debit cards.

rexial.com LinkedIn Kampala, Uganda 1-10 employees
Total raised
$420k
Rounds
1
Latest
Seed
Sep 2024

REXIAL has raised $420k across 1 funding round on record, the most recent a Seed of $420k announced in Sep 2024.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

REXIAL Company Profile and Key Stats

Total funding raised
$420k
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$420k in Sep 2024
Employees
1-10
reported band
Headquarters
Kampala, Uganda

Latest funding round on record: Sep 2024.

REXIAL Funding Rounds

Date
Round
Amount
Seed
$420k

REXIAL Founders and Leadership Team

Name
Role
Contact
Aeko Ongodia
Founder
Locked

Contact details for the REXIAL team: 1 of 1 has an email address on file.

Start 14-day free trial →

REXIAL Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
19
$1.3M
16,485
$3.1M

REXIAL's latest round of $420k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like REXIAL in Financial Services and Kampala

Companies Similar to REXIAL

East African Development Bank (EADB) is a regional development finance institution that supports sustainable…

Undisclosed round $25.0M

Uganda Development Bank Limited (UDBL) is a public enterprise wholly owned by the Government of Uganda and…

Undisclosed round $30.0M

Furaha is a company in the financial technology industry that offers software-enabled access to financing…

Undisclosed round $10.0M

XENO is a speculation the board stage that assists individuals with arranging, save, and put resources into…

Seed $2.0M

RQD Clearing provides correspondent clearing services that fulfill brokers' technological and business model…

Undisclosed round $74.0M

TRIVER offers immediate funding to small businesses with just a single click. By utilizing Open Banking data…

Series B $10.9M

We are Plaid for Brazil. Pluggy allows any innovator to extract data from their users' bank and investment…

Series A $3.5M

Repodo is an AI-native authorised audit firm.

Pre-Seed $9.6M

Standard Metrics is a financial platform for startups and investors.

Series B $21.3M

Navi Finserv offers financial services to the underserved rural population of India.

Undisclosed round $100M

We are creating a new Credit Reference Agency for the next generation. Noggin HQ acts as a welcoming…

Seed $3.1M

Constantinople offers a software platform for banks that covers customer experience, banking products,…

Series B $44.4M

REXIAL Funding FAQs

What does REXIAL do?

REXIAL is streamlining the process of direct debit by allowing businesses to securely collect recurring payments from customers using ACH payments, at significantly lower fees compared to credit or debit cards.

How much funding has REXIAL raised?

REXIAL has raised $420k across 1 round on record. The most recent is a Seed of $420k announced in Sep 2024.

When did REXIAL last raise funding?

REXIAL's most recent funding round on record is a Seed of $420k, announced in Sep 2024.

Who founded REXIAL?

FundedIQ lists Aeko Ongodia (Founder) at REXIAL.

Where is REXIAL headquartered?

REXIAL is based in Kampala, Uganda.

How many employees does REXIAL have?

REXIAL is in the 1-10 employee band.

How does REXIAL's funding compare to other Financial Services startups?

REXIAL's latest round of $420k is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's REXIAL 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 REXIAL is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.