【Fintech News】Nigerian fintech startup Cleva Banking (YC W24) has successfully raised $1.5 million in seed funding with the support of US tech startup accelerator Y Combinator!

This is an exciting development that showcases the immense potential of Cleva in the fintech space. Led by early-stage venture capital firm 1984 Ventures and joined by investors such as TheRaba Partnership, Byld Ventures, Firstcheck Africa, and several angel investors, this funding round further validates Cleva's business model and growth prospects. By establishing an innovative banking platform, Cleva aims to provide individuals and businesses with a seamless solution for receiving international payments, delivering exceptional customer experiences. Since their debut in Nigeria just four months ago, Cleva has already processed over $1 million in payments for thousands of users. Exciting news indeed! This achievement demonstrates their strength and market demand.

The innovative thinking and exceptional leadership abilities of Tolu Alabi Philip Adama Abel have laid a solid foundation for Cleva to excel in the fintech industry. Your ability to overcome these challenges and lead the team to achieve such great accomplishments is truly admirable. I have faith in your entrepreneurial spirit and commitment to excellence, which will continue to propel Cleva towards greater success.

We look forward to witnessing further development and innovation from Cleva in the fintech industry!