Raenest, a Nigerian fintech startup focused on cross-border payments and financial solutions for freelancers and remote workers, has raised $11 million in a Series A funding round led by QED Investors. The investment aims to accelerate the company’s expansion across Africa and enhance its product offerings, including seamless payment processing, virtual banking, and financial management tools.
With the increasing demand for remote work solutions and cross-border transactions, Raenest is positioning itself as a key player in Africa’s growing fintech space. The funding will support the development of innovative financial products tailored to freelancers and businesses operating in the global digital economy.
This milestone underscores investor confidence in Africa’s fintech sector, with QED Investors—one of the world’s leading fintech venture capital firms—betting on Raenest’s potential to revolutionize digital financial services on the continent. 
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