VertoFX
B2B payments platform that allows small and medium-sized enterprises (SMEs) to make payments to their suppliers
Location: Nigeria
Website: https://www.vertofx.com/
Sector: Finance
Funding Stage: Seed Series A Grant
Total Funding ($m): $13.1M
# of Founders: 2
Founding Year: 2018
Funding Year: 2025
Status: Active
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2019 | $2.1m | Seed | Accelerated Digital Ventures (ADV), ACE & Company, Oyster Ventures, Y Combinator |
| 2021 | $10m | Series A | Quona Capital, Treasury, Middle East Venture Partners, TMT Investments, Unicorn Growth Capital, Zrosk Investment Management, P1 Ventures |
| 2025 | $1m | Grant | Milken-Motsepe Innovation Prize Program |
 | Co-Founder & CEO  |
Seed $2.1m
Accelerated Digital Ventures (ADV), ACE & Company, Oyster Ventures, Y Combinator
Series A $10m
Quona Capital, Treasury, Middle East Venture Partners, TMT Investments, Unicorn Growth Capital, Zrosk Investment Management, P1 Ventures
Grant $1m
Milken-Motsepe Innovation Prize Program