Juicyway Raises $3M Pre-Seed to Transform Cross-Border Payments in Africa
Juicyway, a fintech startup specializing in cross-border payments, has officially emerged from stealth mode, securing a $3 million pre-seed round led by P1 Ventures with participation from Future Africa, and others.
Operating in Nigeria, the UK, the US, and Canada, Juicyway leverages regulatory licenses, such as an IMTO license in Nigeria and API licenses in the UK and Canada. Its platform supports multicurrency accounts, cryptocurrency payments, and seamless remittances at competitive rates. By reducing high remittance costs, particularly in Africa, and utilizing stablecoin technology, Juicyway is building a robust, inclusive financial ecosystem.