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Klasha Secures Additional $2M for Cross-Border B2B Payments Between Asia and Africa

October 23, 2024
1 min read
Author: Aayushya Ranjan

Klasha has announced that they have raised an additional $2 million to provide cross-border payment services for merchants in Asia and Africa to collect and send B2B payments to and from Asia through Klasha’s ecosystem of payment rails.

Our existing investors doubled their investment, renewing their confidence in the company’s vision and ability to execute in a competitive market — Expert Dojo, Alumni Ventures, MyAsiaVC, Practical Venture Capital, Breega, Resilience17, and MAGIC Fund all participated in this round. This brings Klasha’s total funding to $6.5M.

Statement from Klasha’s Linkedin Post

This investment will fuel the expansion into Asia, including a new office in Hangzhou, China, as they continue to provide seamless B2B payment solutions across both continents.

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