Nigerian Fintech Startup Sudo Africa Raises 3 7M Pre Seed For Its Card Issuing Api Platform
Global Founders Capital (GFC), based in San Francisco, led the round. Picus Capital, LoftyInc Capital, Rallycap Ventures, Kepple Africa, Berrywood Capital, ZedCrest, and Suya Ventures are among the investors. Several African fintech founders, like Olugbenga ‘GB’ Agboola, Ham Serunjogi, and Odun Eweniyi, are also investors. Card-issuing API (pioneered by the likes of Rapyd, Ayden, and even Stripe globally) is gradually attracting the attention of investors who believe it’s the next big thing in a sector that has drawn the most VC funds in Africa, similar to many other API-led fintechs....