Cauri Money
Fintech | Senegal
Cauri Money is a digital banking platform based in Dakar, Senegal
What they do:
Cauri Money provides digital banking services (bank accounts with official IBAN numbers) to the 20 million Africans and 93 million migrants from other geographies living in Europe.
Cauri takes a social payments approach similar to popular services like Venmo, CashApp and Chipper Cash (Kenya) enabling free peer-to-peer payments and seamless international remittances.
Why we invested:
Cauri Money offers an all-in-one banking platform that enables African expats to manage their remittances, their banking and investment operations at the same place. They provide divers cross-border payout options and take 0% commission on remittance.
The Founder
Lamine Tall is the Founder of Cauri Money
Active in:
Senegal