HUB2
December 2024 · Côte d'IvoireCo-investor alongside TLcom Capital
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Vehicle : TIDE Africa Fund II
HUB2 provides a unified API enabling neobanks, remittance and payment companies to process mobile money, bank transfers, card and crypto transactions across six Francophone countries.
Why they invested
- Leader in payment interoperability across Francophone Africa
- Strong TPV growth (€70M in 2022 towards ~€1B targeted in 2024)
- Market underserved by Anglophone-focused players
Co-investors Axian CVC, Bpifrance (Fonds Averroès / Afrique), Digital Currency Group, ENL Group, Enza Capital, FMO
Source : weetracker.com