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The African cross-border payment platform Accrue announced the completion of a $1.58 million seed round financing, led by Lattice Fund

ChainCatcher news, the African cross-border payment platform Accrue announced the completion of a $1.58 million seed round financing, led by Lattice Fund, with participation from Maven 11, Lava, Kraynos Capital, and others.Accrue was founded in 2021 by Zino, Clinton, and Adesuwa, initially focusing on a dollar-cost averaging application for cryptocurrencies and stocks. After experiencing a market downturn in 2022, the company pivoted to launch the cross-border payment tool Cashramp, which has now become its main source of revenue and achieved profitability in mid-2023.This round of financing will be used to expand payment infrastructure, optimize product features, and grow the team, further driving innovation and growth.
2025-01-26
Cross-border payment platform
Accrue
Cashramp
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